1. 8 U n i t s / 3 4 B e d s
N e w m a n C e n t e r
H o u s i n g
O p p o r t u n i t y
U n i v e r s i t y o f
W i s c o n s i n –
O s h k o s h
4 7 1 H i g h A v e .
O s h k o s h , W I
5 4 9 0 1
O F F E R I N G
M E M O R A N D U M

2. Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 2
About Us 3
Investment Summary
• Building & Hard Costs 4
• Soft Costs 5
• Financing Costs 6
Operating Pro Forma 7 - 10
Transaction Summary 11
Loan Request 12
Property Description 13
Floor Plans 14,15
Property Photographs 16
Rent Comparison Maps & Analysis 17 - 21
T A B L E O F C O N T E N T S

3. Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 3
Amicus is a firm built on a foundation of service to not-for -profit
organizations, and possesses the skill and experience needed in all
areas of project development. These skills include: strategic planning,
feasibility examination, analysis, structured financing as well as
construction for clients with unique needs.
The Amicus Companies’ not-for-profit clients include colleges,
universities, health care organizations, social services organizations, as
well as cultural institutions. Amicus has demonstrated a prowess in both
project development and facilities management.
www.ipm-amicus.com
A B O U T
T H E A M I C U S
C O M P A N I E S L L C

4. Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 4
I N V E S T M E N T S U M M A R Y
B u i l d i n g P u r c h a s e & H a r d C o s t s
Type Opinion Total $
Building Purchase 375,000.00$
HardCosts - Rennovation Costs
Kitchen 6,500.00$
Bathroom 2,500.00$
Wall Partitions 2,500.00$
Hard Cost Contingency 2,300.00$
Total HardCosts 13,800.00$

5. 5Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 5
I N V E S T M E N T S U M M A R Y
S o f t C o s t s
Soft Costs
Enviromental Surveys - Abatement 1,250.00$
Survey - Subdivision 750.00$
Government Permits and Fees 1,000.00$
Architectual & Engineering 15,700.00$
Professional & Marketting Fees 5,000.00$
Development Fee 20,000.00$
Insurance 7,500.00$
Legal Fees 2,500.00$
FF&E 7,500.00$
Moving Expenses 966.67$
Capitalized Operating Expense - 6 Mo. 25,000.00$
Soft Cost Contingency 17,433.33$
Total Soft Costs 104,600.00$

6. 6Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 6
I N V E S T M E N T S U M M A R Y
F i n a n c i n g C o s t s
TOTAL PROJECT COST:
$500,000
Financing Costs
Apprasial 1,500.00$
Project Financing 1,500.00$
Title Insurance & Escrow 2,500.00$
Financing Contingency 1,100.00$
Total Financing Costs 6,600.00$

7. 7Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 7
O P E R A T I N G P R O F O R M A :
O c c u p a n c y 9 7 % S c e n a r i o
Pro Forma Profit & Loss Initial Year 2 Year 3 Year 4 Year 5
Estimated Revenue Escalation Percentage 3.0% 3.0% 3.0% 3.0% 3.0%
Projected Sales Revenue (97% Occupancy)
Rent Revenue 127,434.72$ 131,257.76$ 135,195.49$ 139,251.36$ 143,428.90$
Director Residence 6,000.00$ 6,180.00$ 6,365.40$ 6,556.36$ 6,753.05$
Miscellaneous revenues 6,120.00$ 6,303.60$ 6,492.71$ 6,687.49$ 6,888.11$
Gross Operating Revenue 139,554.72$ 143,741.36$ 148,053.60$ 152,495.21$ 157,070.07$
Estimated Expense Escalation Percentage 2.5% 2.5% 2.5% 2.5% 2.5%
Total Utility Expenses 9,074.16$ 9,301.01$ 9,533.54$ 9,771.88$ 10,016.17$
Total Maintenance Expenses 22,358.75$ 22,917.72$ 23,490.66$ 24,077.93$ 24,679.88$
Total Staff Expenses 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$
Total Administrative Expenses 17,582.19$ 24,540.90$ 25,183.18$ 25,842.37$ 26,518.92$
Total Operating Expenses 84,015.10$ 91,759.64$ 93,207.38$ 94,692.17$ 96,214.97$
Net Operating Income 55,539.62$ 51,981.72$ 54,846.23$ 57,803.04$ 60,855.09$
Mortgage Payments 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$
Mezanine Finacing Payments 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$
Debt Service Coverage 1.45 1.35 1.43 1.50 1.58
Net Income after Debt. Service 17,104.68$ 13,546.78$ 16,411.29$ 19,368.10$ 22,420.15$

8. 88Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 8
O P E R A T I N G P R O F O R M A :
O c c u p a n c y 9 4 % S c e n a r i o
Pro Forma Profit & Loss Initial Year 2 Year 3 Year 4 Year 5
Estimated Revenue Escalation Percentage 3.0% 3.0% 3.0% 3.0% 3.0%
Projected Sales Revenue (94% Occupancy)
Rent Revenue 123,493.44$ 127,198.24$ 131,014.19$ 134,944.62$ 138,992.95$
Director Residence 6,000.00$ 6,180.00$ 6,365.40$ 6,556.36$ 6,753.05$
Miscellaneous revenues 5,760.00$ 5,932.80$ 6,110.78$ 6,294.11$ 6,482.93$
Gross Operating Revenue 135,253.44$ 139,311.04$ 143,490.37$ 147,795.09$ 152,228.94$
Estimated Expense Escalation Percentage 2.5% 2.5% 2.5% 2.5% 2.5%
Total Utility Expenses 9,074.16$ 9,301.01$ 9,533.54$ 9,771.88$ 10,016.17$
Total Maintenance Expenses 22,358.75$ 22,917.72$ 23,490.66$ 24,077.93$ 24,679.88$
Total Staff Expenses 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$
Total Administrative Expenses 17,410.14$ 24,363.69$ 25,000.65$ 25,654.36$ 26,325.28$
Total Operating Expenses 83,843.05$ 91,582.42$ 93,024.85$ 94,504.17$ 96,021.33$
Net Operating Income 51,410.39$ 47,728.62$ 50,465.53$ 53,290.92$ 56,207.61$
Mortgage Payments 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$
Mezanine Finacing Payments 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$
Debt Service Coverage 1.34 1.24 1.31 1.39 1.46
Net Income after Debt. Service 12,975.45$ 9,293.68$ 12,030.59$ 14,855.98$ 17,772.67$

9. 99Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 9
O P E R A T I N G P R O F O R M A :
O c c u p a n c y 9 0 % S c e n a r i o
Pro Forma Profit & Loss Initial Year 2 Year 3 Year 4 Year 5
Estimated Revenue Escalation Percentage 3.0% 3.0% 3.0% 3.0% 3.0%
Projected Sales Revenue (90% Occupancy)
Rent Revenue 118,238.40$ 121,785.55$ 125,439.12$ 129,202.29$ 133,078.36$
Director Residence 6,000.00$ 6,180.00$ 6,365.40$ 6,556.36$ 6,753.05$
Miscellaneous revenues 5,580.00$ 5,747.40$ 5,919.82$ 6,097.42$ 6,280.34$
Gross Operating Revenue 129,818.40$ 133,712.95$ 137,724.34$ 141,856.07$ 146,111.75$
Estimated Expense Escalation Percentage 2.5% 2.5% 2.5% 2.5% 2.5%
Total Utility Expenses 9,074.16$ 9,301.01$ 9,533.54$ 9,771.88$ 10,016.17$
Total Maintenance Expenses 22,358.75$ 22,917.72$ 23,490.66$ 24,077.93$ 24,679.88$
Total Staff Expenses 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$
Total Administrative Expenses 17,192.74$ 24,139.77$ 24,770.00$ 25,416.80$ 26,080.59$
Total Operating Expenses 83,625.65$ 91,358.50$ 92,794.21$ 94,266.61$ 95,776.64$
Net Operating Income 46,192.75$ 42,354.45$ 44,930.13$ 47,589.46$ 50,335.11$
Mortgage Payments 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$
Mezanine Finacing Payments 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$
Debt Service Coverage 1.20 1.10 1.17 1.24 1.31
Net Income after Debt. Service 7,757.81$ 3,919.51$ 6,495.19$ 9,154.53$ 11,900.17$

10. 101010Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 10
O P E R A T I N G P R O F O R M A :
O c c u p a n c y 8 7 % S c e n a r i o
Pro Forma Profit & Loss Initial Year 2 Year 3 Year 4 Year 5
Estimated Revenue Escalation Percentage 3.0% 3.0% 3.0% 3.0% 3.0%
Projected Sales Revenue (87% Occupancy)
Rent Revenue 114,297.12$ 117,726.03$ 121,257.81$ 124,895.55$ 128,642.42$
Director Residence 6,000.00$ 6,180.00$ 6,365.40$ 6,556.36$ 6,753.05$
Miscellaneous revenues 5,400.00$ 5,562.00$ 5,728.86$ 5,900.73$ 6,077.75$
Gross Operating Revenue 125,697.12$ 129,468.03$ 133,352.07$ 137,352.64$ 141,473.22$
Estimated Expense Escalation Percentage 2.5% 2.5% 2.5% 2.5% 2.5%
Total Utility Expenses 9,074.16$ 9,301.01$ 9,533.54$ 9,771.88$ 10,016.17$
Total Maintenance Expenses 22,358.75$ 22,917.72$ 23,490.66$ 24,077.93$ 24,679.88$
Total Staff Expenses 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$ 35,000.00$
Total Administrative Expenses 17,027.88$ 23,969.97$ 24,595.11$ 25,236.66$ 25,895.05$
Total Operating Expenses 83,460.79$ 91,188.70$ 92,619.32$ 94,086.47$ 95,591.10$
Net Operating Income 42,236.33$ 38,279.33$ 40,732.76$ 43,266.17$ 45,882.12$
Mortgage Payments 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$ 26,020.57$
Mezanine Finacing Payments 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$ 12,414.37$
Debt Service Coverage 1.10 1.00 1.06 1.13 1.19
Net Income after Debt. Service 3,801.39$ (155.61)$ 2,297.82$ 4,831.23$ 7,447.18$

11. 1111Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 11
T R A N S A C T I O N S U M M A R Y
Financing structure: the Newman Center purchases the land and building
from the parish for $375,000. The Newman Center would sell an estate
for thirty (30) years in the building for $275,000 provided that Amicus
invest $125,000 in developing the building as a Newman House. Amicus
would seek total financing for $400,000.
Amicus would rent the land from the Newman Center for a thirty (30)
year term.
The Newman Center with the support of the Diocese would master lease
on an annual basis 34 student beds and one apartment. Any beds not
filled for the Newman Center shall be turned over to Amicus for
marketing, and leased to students at large. Any student beds filled in this
manner shall be credited to the master lease obligation.

12. 1212Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 12
L O A N R E Q U E S T
Amicus requests a term loan of $275,000 for a fifteen (15) year
period at 5% interest amortized over 30 years.
In addition Amicus requests a five (5) year line of credit at a
5% interest rate in the amount of $125,000.
Total borrowing required: $400,000 credit enhanced by
Newman Center master-lease guaranteed by the Diocese of
Green Bay.

13. P R O P E R T Y D E S C R I P T I O N
Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum

14. Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 14
F L O O R P L A N S - 1 s t F l o o r
Yellow Highlights represent new wall partitions.
Pink Highlights represent location of beds.
18 – Student Beds
1 – Director Apartment

15. 15Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 15
F L O O R P L A N S - 2 n d F l o o r
Yellow Highlights represent new wall partitions.
Pink Highlights represent location of beds.
16 – Student Beds
1 – Manager Apartment

16. Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 16
P R O P E R T Y P H O T O G R A P H S

17. 1717
R E N T C O M P A R I S O N M A P
O n C a m p u s
Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 17

18. 181818Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 18
R E N T C O M P A R I S O N A N A L Y S I S
O n C a m p u s R a t e s

19. 191919
R E N T C O M P A R I S O N M A P
O f f C a m p u s
Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 19

20. 20202020
R E N T C O M P A R I S O N A N A L Y S I S
O f f C a m p u s R a t e s
Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 20

21. 2121212121Newman Center Housing | University of Wisconsin– Oshkosh| Offering Memorandum 21
R E N T C O M P A R I S O N A N A L Y S I S
O f f C a m p u s R a t e s

22. KENNETH A. MCHUGH SR.
CEO
+1 630 990 1401
ken.mchugh@ipm-amicus.com
KENNETH A. MCHUGH JR.
Executive Vice President of Sales
+1 630 990 1403
andrew.mchugh@ipm-amicus.com