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insightsouthwestenterprises.com

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Testimonials

We recommend the services provided by David DuBois, as commercial real estate broker. He has recently represented us twice. First in the acquisition of a 253,071 square foot shopping center here in the area, and secondly, in the purchase of a vacant building formerly a Taco Bell.

Although the vacant fast food building fell into place quickly, the shopping center acquisition came about over a period of 9 months, and required him to stay on top of developments, and lobby for our interest continually. As a brief explanation, this property was a “troubled asset” which was headed for foreclosure; we chose to pursue the purchase of the note, instead of the real estate. This was a challenge, as the debt was a CMBS loan, with multiple interests. After several attempts to negotiate with the loan servicer, we were able to go from twelfth on the list of bidders, to winning the bid because of our strong cash position, and David’s close monitoring of the situation. In summary, we were pleased with the deal, and pleased with the way he represented us throughout a protracted effort.

Also this year, he has followed closely another shopping center here, which we were interested in. This property went under contract in May, shortly after we asked him to investigate it, and was tied up until this month. Although we have decided not to pursue that asset, David kept us informed of its status, and gave us the reliable pair of eyes on it that we were seeking. We believe that he recognizes the value of relationships, and consequently, plan to use him again.

Although my company does not have the portfolio of some of the major firms in Houston, I do strive and take pride in the people that I choose to do business and associate with. I have no doubt that people, like David, are the direct reason why I was able to celebrate my 22nd year in business this past April. With a family name that stretches back three generations in the ever tight-knit Houston real estate market, I am always looking in ways to expand my portfolio and take on new challenges. Given the relative small size of my firm makes my decisions more critical to the selection of who represents our interests. I feel David’s ability to read people, match personality traits and he way he presents every transaction with class, kindness and an old-fashioned sense of professionalism have helped my company. It is for those reasons and results why I am able to give David my strongest recommendation.

You may contact me for further information, if you have pertinent questions.
David Z. Mafrige
This letter is given in recommendation for the services provided by David in the sale of a 52,138 square foot shopping center which we owned in the Dallas area... We listed the property exclusively with David for $10,500,000...and he was able to procure a buyer for an amount equaling approximately 95% of that listing price.

We feel that he represented our interests very professionally, and went the extra mile to get the deal done. He performed at such a level that we would not hesitate to use his services again, and indeed hope to do so at some time in the future. At this date we are entirely out of the Texas markets.

LS realty Group, Inc. is a privately held Real Estate company with asset positioned over the Western United States, including California, Arizona, Nevada, Colorado and Idaho. LS Realty Group’s mission is to find under utilized properties and transform them into viable performing assets. LS continues year in and year out to maximize investors returns by achieving the simple goal of buying quality, well located assets, that need a little TLC. LS is able to achieve this goal by utilizing and establishing strong relationships with well qualified Brokers in each of the various markets.

We did not know David when he first contacted us about our interest in selling the property in the Fall of 2006. However, he has been a broker for more than 20 years, and we were favorably impressed with his knowledge and resourcefulness. During the listing period, he made weekly written (email) reports to us of his marketing campaign, we we felt we had a good sense of the efforts that were being expended on our behalf. I will also say that during the listing period he produced two other offers for the property, one of which was for $9,500,000, we we believe the we sold the property to the highest bidder in the market at that time.

If you have questions about our experience with David, feel free to contact us, and we will be happy to give you further details.
Tim Siegel
The purpose of this letter is to summarize my experience in working with David DuBois and recommend him as a person of outstanding capabilities.

I have enjoyed a close working relationship with David since November, 1981. During that time, I have utilized his brokerage services in acquiring five apartment properties totaling 1,003 units. Additionally, he sold a 156 unit apartment property during that time. All of these transactions took place in the area o Dallas/Fort Worth, Texas.
In all of my dealings with him, he has proven himself to be most competent. He has the unique capability of getting the job done quickly and thoroughly and has the persistence to dig out information, complete market research and push projects along to completion. His judgment and negotiating ability to complete purchase or sales transactions of large properties is unusually good. In my opinion, he far surpasses brokers with whom I have dealt during my seventeen years of experience as a syndicator. With regard to his character, I would give him a most solid recommendation. He is a person of impeccable integrity and high moral values. These are unique capabilities when added to his drive and determination.

I am happy to provide this letter for, hopefully, his benefit as well as yours. I know he would be a credit to any organization. There are no doubts in my mind as to his ability to be productive in any reasonable situation.

Should you wish to discuss David’s capabilities further, feel free to call me at your convenience.
Philip W. Twente
Dear David:

We would like to thank you for all of your hard work and effort to help us in leasing the old “Bojangles” building in Murfreesboro.

We certainly feel that this building will be an asset to our small company. Please fee free to come by and see us as we develop the building into a “masterpiece”.

We look forward to working with you again on many other projects.

Again, thank you for all your hard work.
Harriette Wilson
My name is Jim Parsloe and my wife and I have just had the pleasure of working with Mr. David DuBois. David called our home about a month go and inquired about listing our home. The timing was right as we were in the beginning stage of selling our home and relocating to Arizona. Something about David appealed to my wife and we agree to meet with him to discuss the possibility of listing our home.

I want to tell you that at no time did we feel pressured to list our home with David. He did present us with what we felt was current and accurate information about the state of the housing market in our area and his analysis of a fair asking price for our home more than met our requirements. We did list our home with David and we were fortunate enough to have an offer presented to us by David within five days of the listing. Unfortunately, my wife and I were scheduled to fly to Arizona on Wednesday, the day after we received the offer.

David went out of his way to ensure our issues of security for our home was addressed and he made several visits to our home to check out the property, as the home was still being shown while we were gone.

During the negotiations with the prospective buyer, David was absolutely wonderful in the way he handled a very difficult prospective buyer, and at all times he presented the situation without any attempt to push in any direction that my wife and I did not agree with. When we asked for his advise he gave it to us with the caveat that we needed to make a decision based on what was best for us. He kept us informed and was always extremely pleasant, upbeat and positive about the prospect of closing the deal.

My wife and I would highly recommend David to anyone who may need the services of a “Professional Realtor”. David certainly qualifies in our view.
Jim and Barbara Parsloe
David DuBois has acted as real estate broker on behalf of the company. (He) acted as an agent for the company as a seller of vacant commercial property located NE Harris County. He acted as an agent for the company as buyer for a vacant 59 acre tract in Fort Bend County, Texas. Both transactions required special knowledge, and the company was able to achieve its objectives in each transaction. David DuBois was diligent in his performance, and he achieved successful results.

Please contact me if I can provide any additional information.
Dan Silvestri