Page 3 - Gordon Pointe Proposal

WHY THE EARLS | LAPPIN TEAM?

There are a mere 145 beachfront properties in existence stretching from Bay Colony to the end
of Gordon Pass, with only 133 presiding south of the Naples Beach Club. Our team alone has
been involved in the sale of a significant number of these, totaling over a billion dollars worth
of beachfront transactions, with $720,000,000 specifically on Gordon Drive. One of these
transactions, located at 2700 Gordon Drive, was recorded as the highest sale to ever occur along
Gordon Drive. The residence, which spanned across approximately four-acres of beachfront, closed
for $52,000,000 in January of 2021. Also of note, plans are currently underway to spend over
$100,000,000 for a new home. The Earls | Lappin Team is also pleased to have achieved the highest
sale to ever occur on the Port Royal yacht basin. The residence was located at 1672 Galleon Drive
and it closed for $46,800,000 in February of 2023. Since 2004, there have been 127 beachfront
transactions. Of these 127, The Earls | Lappin Team has been involved in 38, representing a leading
30% market share. No other agent or firm comes close to this achievement.

The aforementioned data points clearly position us as the beachfront experts, far above any other
Broker in the marketplace.

Given this proven track record of performance, no one is better qualified to validate the offering
price than Bill Earls and Larry Lappin of John R. Wood Christie’s International Real Estate. Our
consistent success is driven from our extensive market knowledge, consummate professionalism, our
world-class ecosystem of clientele, and our sophisticated marketing endeavors that engage on local,
regional, national, and international levels.

EXECUTIVE SUMMARY | 3