The document provides an overview of WholeLife Companies Inc., a developer of luxury rental communities focused on senior housing and active adult communities. It discusses WholeLife's business model, management team, target markets, development plans and prototype projects. Financial details are also provided on WholeLife's historical projects and returns.

1. WholeLife Companies Inc. Overview
Presented by:
DJ Van Keuren
EVP – Capital Markets
WholeLifeCompaniesInc.
820 NE 63rd Street
Oklahoma City,OK 73105
O: 917.791.3658
djvk@wholelifecompanies.com

2. Disclosure
Any reference related to any securities, including private placement securities, are intended for information
purposes only, is subject to change, and does not constitute investment advice or a recommendation. This is
not an offer or solicitation. Offers to sell or solicitations to invest in any securities including private placement
securities, as well as important information about investment related risks, such as investment loss, leveraging
risk, highly illiquid, complex tax structure and delays in tax reporting, and may not be subject to regulatory
requirements, and high fees, are made only by means of the prospectus or the fund's final Private Placement
Memorandum, and should be reviewed carefully by you and your financial, legal and tax Advisers. Hedge funds
often engage in leveraging and other speculative investment products that may increase investment loss. Any
product or service referred to herein may not be suitable for all persons. This information is intended solely for
institutional investors/consultants, fund of funds, foundations and endowments as well as for "accredited
investors" (as defined by the Securities and Exchange Commission under the U.S. Securities Act of 1933) who
also are "qualified eligible persons" (as defined in Commodity Futures Trading Commission).
2

3. Table of Contents
1.
2.
3.
4.
5.
Company Overview
Senior Housing Market
WholeLife Projects
Company Structure and Partners
Sponsorship
Appendix 1 – WholeLife Communities
3

4. 1. COMPANY OVERVIEW
4

5. WholeLife Companies Inc.
Our Company
WholeLife Companies Inc. is a developer of luxury rental living
communities, with a strong focus on integrating healthy and enriching
lifestyle concepts into community creation.
These WholeLife communities will respond to the desire of active adults for
healthy living facilities by integrating fitness and wellness into a
maintenance free environment, without the need for the large capital
outlay required for the purchase comparable single family dwellings.
Healthy living services such as fitness evaluations, fitness instructors,
wellness consultants, nutritionists, speakers and classes will be available as
part of the all-inclusive fee package.
5

6. WholeLife Companies Inc.
Business Overview
•
Experience
Investment Focus
Asset Type
Type of Company
Exit Strategy
•
Seasoned real estate and housing developer with experience
across the US
Strategic Partners with major branded developers, construction
companies and property management
•
Design and development of senior housing and active adult
Communities in high-demand, amenity-driven areas through
Franchising, Self-Developed Communities, and Joint Ventures
•
Luxury Class A Multifamily Properties with a focus on active adults.
•
Development Company of active adult communities and sale and
support of active adult community Franchises
•
Sale to a third party REIT / Refinance / Sale/Leaseback / Sale to an
institution, Private Equity Company or Insurance Company
6

7. WholeLife Companies Inc.
Business Model
WholeLife
Companies
• Established as a
developer/operator
of luxury rental
communities
• Operations & Capital
Markets Group
Development
• Self Developed
• Franchise Developed
• Joint Ventures
• Third party projects
with property owner
REIT Takeout
• Take out for all
developed Properties
upon completion
• Public Parent Company for transparency & greater access to capital
• Accelerated Growth of Properties through Franchising.
• Possibility to provide forward commitments on properties through REIT as
well as the ability for the REIT to purchase completed properties at a
discount.
7

8. WholeLife Companies Inc.
Management Team, Investors and Advisors
John Lowery
President & CEO
Richard Labarthe
Director, Secretary EVP Legal Affairs
Regan Williams
•President & Founder of WholeLife Companies, 30 years of real estate development and
construction
•Former President of Fidelity Bank Holding Company
•President of the Law Offices of Richard C Labarthe, PC
•Associate and shareholder with the Oklahoma City-­­based firm, Mock Schwabe Waldo Elder
Reeves & Bryant
•Over 16 years experience in both public and private accounting
Executive VP, Chief Financial Officer
Jack Ottinger
Director, VP & COO
DJ Van Keuren
Executive VP, Capital Markets
William Shapard
Executive VP, Marketing
•Over 30 years experience managing both for-profit and not-for-profit private equity funds
•COO/CFO position for private equity pools valued at $750MM in financing
•Financed nearly $400MM specifically for senior housing over past 12 years
•Over 20 Years experience in finance, investment banking and real estate
•Obtained over $350M in capital commitments in 2012
•Director of Capital Markets for Asenya Development, an international real estate development firm
•10 years of market research experience
•Founder of Shapard Research, a full service primary and secondary research firm
and the largest market research in the state of Oklahoma
Investors & Advisors
Jerry McKenzie, William Frulia, Hussein K Mahrouq, MB Americus LLC,
REI, Rivendell Holdings LLC, Tiber Creek Corporation
8

9. 2. SENIOR HOUSING MARKET
9

10. WholeLife Companies Inc.
The Market
Booming senior housing market
• Baby Boomers form a huge aging
population over the next 20
years
• Age 65+ market projected to
grow 36% over next 5-6 years
Active senior living
• Previous senior living developments have largely focused on intensive
managed-care facilities
• Healthy, active and affluent seniors seeking independent and active
lifestyles are dramatically underserved
• Health care advances are extending tenants’ period of self-sufficiency,
assuring strong long-term demand for luxury, resort-style living
10

11. WholeLife Companies Inc.
Competition in the Market
Existing Competition
• Strongest competitors currently are large, well-capitalized developers
• Includesvarious multi-family apartment developers and independent senior
housing developers
Alternatives and Opportunities
• Limited development in the luxury rental market, and very little in the single family
detached or attached rental community with services
• Certain developers are adopting a “cottage” model as an add-on to their existing
communities, especially in senior housing markets
• These include substantial up front buy-in fees in addition to monthly service fees
There is a distinct lack of tailor-made rental communities serving affluent, active adults.
THIS IS WHOLELIFE’S TARGET SEGMENT.
11

12. WholeLife Companies Inc.
Our Value Proposition
WholeLife aims to fulfill market preferences
for healthy living, integrated fitness and
sensible nutrition in a decidedly upscale rental
community.
Concierge
WholeLife will partner with a limited number
of significant developer/builders able to
identify suitable land and the capital resources
to secure acquisition and development
financing of communities.
•
•
•
Three distinct built-to-suit community
styles
Community design determined by land
availability and market demand
Communities leased back from the
developer by WholeLife and managed
exclusively by WholeLife.
12

13. WholeLife Companies Inc.
Our Value Proposition
A Tailor Made Product
•
WholeLifeis the only residential
option specifically tailor-made for
this fast-growing, affluent market
segment.
•
WholeLife Communities* provide
a fact-based wellness lifestyle in a
resort-style environment
•
Residents are free from the
capital expense of home purchase
Core Essentials
•Full Concierge Service
•Fitness evaluations
•Fitness instructors and trainers
•Wellness and lifestyle consultants
•State of the art fitness centers
•Planned classes and programs
•Guest speakers and activities
•Fully equipped business center
A la Carte Services
•Professionally managed fitness and
weight control programs
•In-home meal delivery and catering
•Maid and laundry service
* Further details about specific WholeLife Communities are available in Appendix 1 following this presentation.
13

14. WholeLife Companies Inc.
Development Plan
Developing WholeLife Communities
re imagine | A NEW ECONOMIC MODEL
Cost of development:
• Approx. $31,000,000 for a 104 unit
community, plus financing costs
Anticipated financing:
• Via a combination of equity from the
Company and third party debt, in a
25%/75% or a 30%/70% ratio
Additional Equity:
• To provide sufficient equity, the Company
may partner at the project level with one
or more co-investors
14

15. WholeLife Companies Inc.
4 Development Models
Company Owned
•
New Owner Operator
WholeLife Companies Inc develops
properties throughout the US
•
•
•
Properties wholly owned
managed by WholeLife
and
•
Developer Owner
•
•
•
WholeLife leases property; or
developer sells to aREIT
WholeLife supplies all plans and
consults on site design
Owner secures financing, zoning and
permits, then constructs property
Owner retains ownership and all
profits
WholeLife provides customized plans
and construction guidance
WholeLife leases and manages
property as a WholeLife Community
Joint Venture
•
•
•
Joint Venture splits all profits based
upon an agreed upon structure
WholeLife provides customized plans,
construction and branding guidance
WholeLife manages and leases
property as a WholeLife Community
15

16. WholeLife Companies Inc.
Revenue Sources
Anticipated Revenue Sources
Development and asset management fees from 3rd
party owners
Rental income from owned properties
Franchise Income
Proceeds from the sale of communities
16

17. WholeLife Companies Inc.
Exit Strategies
Two broad exit strategies may be adopted:
Divest
Refinance
• Company develops each
community, and stabilizes
the project at approximately
95% occupancy
• Following which it may sell
the community and its
operations to a third party
investor, such as REITs,
insurance companies, and
private equity investors
• Company elects to
refinance the project for a
shorter or longer period on
more advantageous terms
to enhance and continue to
hold the property.
17

18. WholeLife Companies Inc.
Prototype Traditions Project Summary
Individual results
may vary
18

19. 3. WHOLELIFE PROJECTS
19

20. WholeLife Companies Inc.
Track Record
The Principals of WholeLife Companies, Inc and its affiliates, have over 60 years of combined
experience and has served as the Construction Manager / General Contractor / Project
Manager / Sub-Contractor on a variety of commercial and residential Projects including the
ownership and sale of 9 senior lifestyle communities for over 240M USD.
Below is a partial list of completed projects:
 JW Marriott
 Morgan Keegan Tower
Houston, TX
Memphis, TN
 Lincoln Center Office Tower
 The Peabody
Miami, FL
Little Rock, AR
 North Mississippi Medical Center
 Wellstone in Bluffton
Tupelo, MS
Bluffton, SC
 Brickell Bay Office Tower
 Doubletree Convention Center
Miami, FL
Tulsa, OK
 Thurston Bowles Building
 Hilton Hotel
University of North Carolina School of Medicine
Knoxville, TN
Further details on past projects are available in Appendix 2 at the end of this presentation.
20

21. WholeLife Companies Inc.
Wellstone Projects
As Wellstone, we developed and operated facilities in Florida, Tennessee, Texas and
Oklahoma. These are eight communities sold to Senior Lifestyle Corp.
Lewisville Estates
Lewisville, Texas
49 Units Assisted Living
111 Units Independent
Living
Newforest Estates
San Antonio, Texas
198 Units Independent
Living
Copper Lake Estates
Edmond, Oklahoma
48 Units Assisted Living
125 Units Independent
Living
Montclair Estates
Garland, Texas
111 Units Independent
Living
Lake Forest Park
Fort Pierce, Florida
68 Units Assisted Living
59 Units Independent
Living
The Barrington
Largo, Florida
33 Units Assisted Living
116 Units Independent
Living
Glenbrooke at Palm
Bay
Palm Bay, Florida
170 Units Independent
Living
Lake Howard Heights
Winter Haven, Florida
30 Units Assisted Living
100 Units Independent
Living

22. WholeLife Companies Inc.
Historical Returns
Partial List of Prior Project Statistics
Project Name
Type
State
# of Units
Total RSF
Total Cost
Total Sell-Out Value
Margin
Condo
Condo
Condo
Condo
Condo
Condo
Single Family
South Carolina
South Carolina
South Carolina
Tennesee
Tennesee
South Carolina
Mississippi
86
105
68
84
78
86
476
137,600
168,000
108,800
134,400
136,500
137,600
660,000
$14M
$16.5M
$11.5M
$15M
$9.5M
$14M
$76M
$18,060,000
$23,625,000
$14,620,000
$19,068,000
$17,784,000
$18,060,000
$96,903,000
22.48%
30.16%
21.34%
21.33%
47.01%
21.37%
20.96%
Wellstone at Craig Ranch
Wellstone at Middlecreek
CooperLife at Craig Ranch I
Wellstone at Mableton
Condo
Condo
Townhome
Townhome
Texas
Georgia
Texas
Georgia
205
96
143
94
615,000
168,000
410,839
169,200
$89M
$43.5M
$93M
$26M
$103,749,711
$47,616,000
$123,819,249
$30,550,000
13.45%
8.84%
24.89%
14.92%
Wellstone Workforce Housing Project
Wellstone at Bluffton
Townhome South Carolina
178
320,400
$25M
$33,108,000
24.49%
320,000
320,000
$80M
$106,000,000
24.47%
Non-Premium Projects
Ravines at Holly Creek
Ravines at Creekside
Camelia Village at furman
Village of Ashwood
Village at Greenway
Ravines at Woodridge
Magnolia Estates
Wellstone Premium Projects
Commercial
Morgan Keegan Tower
Office
Tennessee
22

23. WholeLife Companies Inc.
Past Financing Sources
Previous Investors and Lenders
Merrill Lynch - Senior Housing Division
GE Capital - 120MM loan [repaid in full and early]
Regions Bank
Lender References available on request from:
• Merrill Lynch – Eric Krammer (currently at Medcap Finance)
• GE Capital – Heidi Brunette (currently at Cercadia)
23

24. WholeLife Companies Inc.
Sites and Locations
LOCATION SELECTION
Criteria
Guidelines
Market Size
•
•
•
Moderately sized in-fill sites (25 to 50 acres)
Reasonable access to core business, cultural, dining and entertainment venues
Affordable and free of excessive or onerous tax and regulation burdens
Geographic area
•
•
•
•
Southeastern states including Texas and Oklahoma
Midwestern markets such as Indiana, Ohio and Missouri
Pacific Northwest in and around population centers
Geographic amenities such as casinos, outdoor activities, fishing, skiing and
Climate
•
•
Markets with moderate climates offer the greatest potential
Weather extremes on either end of the spectrum tend to marginalize market desirability
•
A robust area economy is very desirable and an important consideration.
•
•
•
Baby Boomers and Baby Boomer plus tenants are especially sensitive to tax issues
Property tax rates and assessments affect rental rates for the market
High local sales and personal property taxes, state income taxes and taxes on dividends and
interest income can also adversely impact potential customers
•
•
Presence of highly restrictive construction and zoning regulations
Presence Union vs. non-union construction labor force
Market economic and
employment profile
Tax structure
Political considerations
24

25. WholeLife Companies Inc.
Sites and Locations
LOCATION SELECTION
Criteria
Guidelines
A balanced population both age and income wise is most desirable
A market made up of predominantly older residents lacks a younger market to move up and
purchase the larger older homes, lowering resale prices
•
Demographic profile
•
•
“Halfbacks” and “Quarterbacks”: seniors who sold a home in a northern area to retire to
Florida, Arizona, coastal Carolinas and now wish to move only a quarter or half way back
Often caused by weather extremes or collapsing housing markets
Migration patterns
•
Higher education
institutions
Prevailing land costs
Prevailing rental rates
Housing inventories
Competitive environment
•
•
The presence of colleges and universities in the area is positive
Access to continuing education and life enhancement opportunities as well as cultural and
entertainment venues are highly desirable
•
Areas that are experience high levels of demand for industrial and commercial development
drive up land prices
•
A reasonable mix of market rate and senior housing facilities will generally mean reasonable
rental rates and are desirable
•
Reasonable turnover of existing homes as well a some new home starts are most desirable
•
Neither void of nor saturated with adult or senior independent living facilities; both
conditions may adversely affect the perceptions of and acceptability of rental rates
25

26. WholeLife Companies Inc.
Sites and Locations
SITE SELECTION
Criteria
Guidelines
•
Size/density
•
•
•
Topography
•
•
Traffic
•
•
•
•
The ideal size for a WholeLife Tradition community is between 100 to 150 units with a density
or 4-5 units per acre
Typically, in-fill sites of from 25 to 50 acres
The designs of both Traditions and Concierge communities do not lend themselves well to
topographical extremes and anomalies
Level land without wetlands, blue line streams, floodways or floodplains provide the best
opportunity to create desirable communities from both an economic and lifestyle perspective
Hilly terrain not only makes walking and running for fitness more challenging but more
difficult for community members to stroll and interact with their neighbors
Inclined driveways and steps at the entrances of homes is neither desirable nor consistent
with Universal design standards
The importance of locations with high levels of drive-by traffic cannot be overstated
This may be the single greatest contributing factor to a rapid lease-up
It is the experience of management that preleasing of such communities is driven more by
drive-by traffic than any other single element of the marketing plan
Conversely, major traffic congestions is counterproductive making high profile retail areas less
desirable than corridors leading to and from those areas
26

27. WholeLife Companies Inc.
Sites and Locations
SITE SELECTION
Criteria
Guidelines
•
Visibility
•
Access
Proximity to retail,
hospitals and healthcare
Proximity to public spaces
Surrounding housing
profiles
Area cultural, dining and
entertainment venues
Visibility goes hand in hand with traffic counts; being able to see more than just the entrance
will also affect walk-in traffic to the community
When prospects can see the community taking shape it contributes to walk-in traffic counts
•
•
Curb and median cuts are obvious issues
Lack of ability to turn into the project from either direction inhibits drive-in traffic and
consequently slows down lease-up
•
While being situated in the middle of retail congestion is a negative, retail grocery,
restaurants, other shopping and healthcare is of paramount importance to be within 5 to 10
minutes drive.
•
Access to public spaces such as parks, libraries, walking and running trails and walkways.
•
•
The Company believes most WholeLife residents will come from the local area
It is therefore essential that sites have established residential neighborhoods within 3 to 5
miles
•
These are intangibles but when added to the other considerations help assure project success
27

28. WholeLife Companies Inc.
Planned Projects and Locations
Craig Ranch
McKinney, TX
Cibolo Canyon
San Antonio, TX
Creekside
Chattanooga, TN
Woodlands
Houston, TX (MSA)
28

29. WholeLife Companies Inc.
Planned Projects and Locations
WholeLife Chattanooga
A Third-Party Development Project
• 104 one-story duplexes and fourplexes located in Chattanooga,
Tennessee
• Developed
by
WholeLife
Chattanooga,
LLC,an
independent
entity
jointly
owned by John Lowery, CEO of
the
Company,
and
Ellis
Development,
LLC,
an
independent company.
29

30. WholeLife Companies Inc.
Planned Projects and Locations
WholeLife Cibolo Canyons
A Joint Venture Project
• Purchase of 32.8 acres in Cibolo
Canyons near San Antonio, Texas,
for $7,700,000
• 156 unit Traditions community
adjacent to JW Marriott TPC golf
course resort.
• In addition to its own funds, the
Company will utilize funds from a
$1,430,000 mezzanine loan from
ACCP, LLC, a private investment
fund
30

31. WholeLife Companies Inc.
Planned Projects and Locations
WholeLifeCraig Ranch
AProposedProject
• 300
+/unitCourtyard
community located in the
premier
master
planned
community of Craig Ranch
outside Dallas, TX
• Currently under negotiation.
31

32. WholeLife Companies Inc.
Planned Projects and Locations
WholeLife Woodlands
AProposedProject
• Traditions community located
near the prestigous Woodlands
Township outside of Houston.
• Sites currently being selected.
32

33. 4. COMPANY STRUCTURE AND PARTNERS
33

34. WholeLife Companies Inc.
Company Structure
Subsidiaries:
For each project or distinct operating activity, the Company intends to utilize a singlepurpose Limited Liability Corporation incorporated and owned by the Company.
Shareholders
WholeLife Franchising
Company LLC (100%)
WholeLife Management
Company LLC (100%)
WholeLife Companies Inc.
(Public Company)
WholeLife Development
Company LLC (100%)
WholeLife Chattanooga
Development LLC (100%)
WholeLife Properties LLC
(100%)
WL Cibolo Canyons LLC
(100%)
34

35. WholeLife Companies Inc.
Subsidiaries
WholeLife Development Company, LLC.
WholeLife Development Company, LLC.
•
•
•
•
•
•
WholeLife Development, LLC is responsible for site selection, planning, design,
entitlement and construction
Projects for WholeLife Properties, LLC or under contract to third parties
WholeLife Development’s Fee varies depending on the type of project from a flat
negotiated fee, to a price per unit developed to a percentage of the project.
Responsible for oversight of a project through stabilization
ADVENTpds contracted for day to day project management
WholeLife Management, LLC contracted for lease up and operations
[Further subsidiaries of WholeLife Development Company, LLC include:
WholeLife Chattanooga Development LLC, WholeLife Cibolo Development LLC.]
35

36. WholeLife Companies Inc.
Subsidiaries
WholeLife Management Company, LLC.
•
•
•
•
•
Provides asset management and property management services for all
development and concierge WholeLife communities
Combined fees for asset and property management approx. 4% of gross revenues*
Gables Residential engaged to provide day to day lease up and project
management services
Gables Residential will receive management fees of approx. 3.25% of gross
revenues
No asset management fee for Company owned projects
[Subsidiaries of WholeLife Management currently include WholeLife Chattanooga
Management LLC, WholeLife Cibolo Management LLC, which subsidiaries are yet to be
formed.]
* Anticipated fees
36

37. WholeLife Companies Inc.
Subsidiaries
WholeLife Properties, LLC.
•
•
WholeLife Properties, LLC. serves as the managing member of each of the project
level single purpose limited liability companies created for each project
WholeLife Properties currently has two subsidiaries, WholeLife Chattanooga, LLC,
WholeLife Cibolo Canyons, LLC
WholeLife Franchising Company, LLC.
•
•
WholeLife Franchising, LLC. is projected to serve as a franchising arm of the
Company, if at such time the Company determines that it would be advantageous
to develop a franchising arm
The Company has completed a franchise disclosure document, and is actively
discussing a franchising agreement with a national real estate company, in
addition to discussing a national marketing strategy for franchises with the same
company
37

38. WholeLife Companies Inc.
Strategic Partners
TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory,
capital markets, development, research and sustainability. The fully integrated global enterprise leverages competencies in
office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of
real estate. Transwestern facilitates better decision-­­making for clients by combining penetrating local market intelligence and
macro-­­market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through
more than 181 offices in 36 countries as part of a strategic alliance with Paris-­­based BNP Paribas Real Estate.
The Company utilizes the capabilities of Transwestern to identify, qualify and negotiate sites for development as WholeLife
Communities. Transwestern is paid on a transaction basis out of the agreed commissions set by the seller of properties.
ADVENT PDS
Headquartered in Atlanta, Georgia, ADVENTpds, LLC grew out of the construction and project management expertise of
Hardin Construction Company, LLC, which has earned a 65 year reputation for integrity and client satisfaction, including
the successful delivery of thousands of complex and demanding projects. ADVENTpds expands upon this
tradition of excellence with its own reputation in the U.S. hospitality development and project management industry.
Services include, but are not limited to the following: Project Planning, Professional Consultant Team Selection,
Project
Management and Co-­­ordination,
Cost
Estimating, Collaborative
Project
Schedule Management,
Municipal Approvals, Value Engineering, Purchasing and Installation of Fixtures, Furniture, and Equipment, Reporting, and
Project Closeout.
38

39. WholeLife Companies Inc.
Strategic Partners
SUMMIT CONTRACTOR’S GROUP, INC
Summit Companies, specializing in multi-family construction, have completed in excess of 250 projects across the nation since
1989. With an experienced management team combined with strong subcontractor relationships, Summit has been able to
complete over 60,000 apartment units and over 8 million square feet of commercial projects in the form of offices, warehouses,
retail establishments, hotels, and various multi-use developments.
Superior product, a genuine commitment to quality control, and the ability to nurture and build solid client relationships over the
years have been just a few of the many qualities that have set Summit apart from its competition.
GABLES RESIDENTIAL MANAGEMENT, INC.
Gables Residential is a privately owned REIT, specializing in the development, construction, ownership, acquisition and
management of multi-family communities and mixed-use developments. Currently Gables manages over 38,000 rental units for
third party owners as well as its own portfolio. Gables provides day-to-day property management services to WholeLife, including
leasing, operations, maintenance, human resources, and resident services (including concierge services).
For each community, Gables will enter into a management agreement which spells out its duties and compensation. For most
WholeLife developed properties, whether owned by the Company or third parties, Gables receives a management fee of 3.25% of
gross revenues, subject to certain minimums during pre-leasing and leasing up. For contracts with the Company the term of a
standard agreement is one (1) year.
39

40. WholeLife Companies Inc.
Strategic Partners
SCHAUMBURG ARCHITECTS
Schaumburg Architects is a world renowned design firm headquartered in
Fort Worth, Texas, known for uniquely designed residential and commercial
structures.
Schaumburg Architects specializes in a wide variety of design and
architecture such as luxury homes, high-rises, office complexes, medical
plazas, museums, and schools. Ken Schaumburg has produced projects
both nationally and internationally.
40

41. 5. SPONSORSHIP

42. WholeLife Companies Inc.
WholeLife Companies, Inc.
WholeLife Companies, Inc, is a publicly traded development company designed to create luxury rental living
communities integrating the concepts and practices of a healthy and enriching lifestyle into the creation of
the community.
The Company was incorporated in the State of Delaware in May, 2013, WholeLife Companies, Inc. was
created around an innovative approach to addressing the issues of happiness, health, longevity and the
preservation of wealth for today’s active adults.
WholeLife has merged the latest designs, models and concepts from around the world into an intelligent
community development program.
SERVICES
From concept to finish-out, throughout every stage of planning and development, everything WholeLife
Companies does is geared toward creating real estate solutions and client satisfaction.
Services include: site selection / acquisition, cost budgets, municipal incentive negotiation, financing
assistance / due diligence, zoning / plan approvals, contract management (interviews, selection, negotiation,
management), architects / engineers / land planners / interior design, consultants / testing services,
contractors (building, interiors, site), technology (information, security, audio / visual), wellness integration,
real estate advisory services, real estate sales, marketing (branding and re-branding), project evaluation and
exit strategies

43. WholeLife Companies Inc.
WholeLife Companies, Inc.
The WholeLife Companies team experience includes over 3,000 single-­­family homes and
condominiums in duplex, triplex and quadraplex configurations, as well as numerous other commercial
developments.
Partial List of Past Projects:
 JW Marriott
 Morgan Keegan Tower
Houston, TX
Memphis, TN
 Lincoln Center Office Tower
 The Peabody
Miami, FL
Little Rock, AR
 North Mississippi Medical Center
 Wellstone in Bluffton
Tupelo, MS
Bluffton, SC
 Brickell Bay Office Tower
 Doubletree Convention Center
Miami, FL
Tulsa, OK
 Thurston Bowles Building
 Hilton Hotel
University of North Carolina School of Medicine
Knoxville, TN

44. WholeLife Companies Inc.
Wellstone Projects
As Wellstone, we developed and operated facilities in Florida, Tennessee, Texas and
Oklahoma. These are eight communities sold to Senior Lifestyle Corp.
Lewisville Estates
Lewisville, Texas
49 Units Assisted Living
111 Units Independent
Living
Newforest Estates
San Antonio, Texas
198 Units Independent
Living
Copper Lake Estates
Edmond, Oklahoma
48 Units Assisted Living
125 Units Independent
Living
Montclair Estates
Garland, Texas
111 Units Independent
Living
Lake Forest Park
Fort Pierce, Florida
68 Units Assisted Living
59 Units Independent
Living
The Barrington
Largo, Florida
33 Units Assisted Living
116 Units Independent
Living
Glenbrooke at Palm
Bay
Palm Bay, Florida
170 Units Independent
Living
Lake Howard Heights
Winter Haven, Florida
30 Units Assisted Living
100 Units Independent
Living

45. WholeLife Companies Inc.
Principal Biographies
John B Lowery, Director, President and CEO
Mr. Lowery serves as a Director, President and Chief Executive Officer of the Company and was the sole member of
WholeLife Companies, LLC, a real estate development company headquartered in Oklahoma City, Oklahoma which
was acquired by the Company. John B. Lowery serves as Director, President and Chief Executive Officer of the
Company. He is responsible for strategic planning, strategic third party alliances, banking and financial relationships,
and general corporate oversight. Mr. Lowery also serves as President and Chief Executive Officer of Lowery
Companies, a privately held commercial real estate development and construction company, and Lowery
Construction. In his experience with real estate development and construction, Mr. Lowery has worked with
financial institutions, owners, developers, governmental agencies, design consultants and construction contractors
in all segments of the construction industry. Previously, Mr. Lowery served as President of Fidelity National Bank
Holding Company. Mr. Lowery also served as the Chief of Staff to Harold E. Ford, Sr., member of United States House
of Representatives.

46. WholeLife Companies Inc.
Principal Biographies
Richard Labarthe, Director, Secretary Executive VP Legal Affairs
A native of Stillwater and Tulsa, Oklahoma, Mr. Labarthe is a 1982 graduate of Oklahoma State University. He
graduated from the University of Oklahoma College of Law, magna cum laude, in 1985. From 1985 to 1996, he
practiced law as an associate and shareholder with the Oklahoma City-based firm, Mock Schwabe Waldo Elder
Reeves & Bryant. From 1996 to 2008 he continued practicing in Oklahoma City as a partner in Schneider & Labarthe.
Since 2008, Mr. Labarthe has practiced through his firm, the Law Offices of Richard C Labarthe, PC.,The bulk of Mr.
Labarthe’s practice in recent years has been devoted to the representation of development and energy companies.
Mr. Labarthe's practice is concentrated in commercial and real estate law, debtor-creditor law, banking law and
business workouts. In addition to service on the Commercial Law section of the Oklahoma Bar Association, Mr.
Labarthe is also a commercial real estate broker. He has served on the boards of the Urban League of Oklahoma City,
the Police Athletic League and St. John's Catholic Church in Edmond, Oklahoma and he has served as a leader in two
troops of the Last Frontier Council of the Boy Scouts of America.

47. WholeLife Companies Inc.
Principal Biographies
John Ottinger
Mr. Ottinger serves as a Director, Vice President, and Chief Operating Officer of the Company. Since July, 2012, Mr.
Ottinger worked with WholeLife, LLC in an unpaid position. From May, 2009 to July, 2012 Mr. Ottinger was semiretired and working on a number of financial and development consulting projects with various not-for-profit
(including churches) and for-profit organizations in the areas of assisted living and residential memory care. For
the 23 years prior to July, 2009, Mr. Ottinger served as the COO and CFO of Cornerstone Ministries Investments,
Inc. and its predecessors, coordinating both financial and investment policies, and closing transactions to fund
various not-for-profit and for-profit real estate projects including churches, schools and retirement communities.
From January, 2008 to May, 2009, Mr. Ottinger served as the interim CEO of Cornerstone Investments during a part
of its Chapter 11 filing. In 2005, Mr. Ottinger developed a private equity fund Wellstone Retirement Communities,
LLC that acquired the senior housing assets previously financed by Cornerstone from the not-for-profit owners
enabling the senior housing communities to repay, in full, their loans to Cornerstone. In 2007, Mr. Ottinger assisted
in negotiating the sale of the ten communities owned by Wellstone Retirement Communities for $175 million to a
private owner operator. Mr. Ottinger graduated from the University of Delaware magna cum laude and with
distinction in 1976 with a Bachelor of Arts degree in Political Science and Westminster Theological Seminary in
1979 with a M. Div.

48. WholeLife Companies Inc.
Principal Biographies
Regan Williams, Executive VP, Chief Financial Officer
Ms. Williams serves as a Director, Executive Vice President and Chief Financial Officer of the Company.
From 1997 to 1999, Ms. Williams worked at Paul Brown & Associates, a public accounting firm. She was
responsible for maintaining and preparing financial records for a wide variety of business clients and preparing tax
returns, both business and personal. From 1999 to 2006, Ms. Williams worked at Elias, Books, Brown and Nelson,
PC as their controller and legal administrator. She supervised more than 15 people and handled all financial,
budgeting, billing, personnel, payroll, insurance and tax matters for the law firm. In 2004 Ms. Williams went to
work for David Greenwell and Associates, a public accounting firm while continuing to provide all financial record
support and responsibility for Elias, Books, Brown & Nelson. At David Greenwell and Associates, Ms. Williams was
responsible for multiple companies in a varying level of financial responsibilities. She was also involved in audit
and tax preparation.
In 2006 Regan Williams began her own Certified Public Accounting firm and offers CPA services on an as needed
basis allowing companies to benefit from the expertise of a CPA without the full time cost of a CPA. Her practice
has grown to include a wide variety of business sectors including law firms, oil and gas companies, furniture store,
marketing and advertising firms, multi-state bakery and real estate development. Ms. Williams received her
Bachelor of Science from University of Central Oklahoma in 1993 with a major in accounting. She passed the
Certified Public Accountant exam in 1996. She received a Masters of Business Administration with an emphasis in
management information systems in 2001.

49. WholeLife Companies Inc.
Principal Biographies
DJ Van Keuren, Executive VP, Capital Markets
Mr. Van Keuren has over 20 years’ experience in finance, investment banking, and real estate obtaining over $350
Million in capital commitments in 2012. Among DJ’s experience includes; Director of capital markets (equity & debt)
for both a domestic and international real estate development company with a focus on luxury condominiums,
luxury multifamily apartments and hotels, Director at boutique investment banking firms Venture Partners Capital,
and Puritan Securities where he focused on real estate, energy and healthcare. Managing Director & Partner at
Hudson Commercial Capital, a commercial finance company where he was responsible for the strategic direction
and long-term planning of the firm, the management of the company fund, and the implementation of the
Company's overall marketing and investment strategy and COO for ONYX Capital, an alternative asset, real estate
due diligence and capital markets group. In addition, DJ served as a Director with Walton International, an
international real estate land banking investment firm, where he assisted in the development of the Company’s
expansion into the US, including establishing the US office, branding and the capital markets channel for projects
totalling over $100 million USD, and Managing Director for the Horison Management Group where he acted as the
Fund Manager for the American Dream Real Estate Fund.
Mr. Van Keuren is a member of the Urban Land Institute, the Harvard Alumni Association and the Harvard Club of
NYC. He is the President and Board Member for the Harvard Real Estate Alumni Organization (HREAO) and a Board
Member of the Alumni Advisory Board for the Real Estate Academic Initiative at Harvard (REAI). DJ received his B.A.
from Ball State University, attended graduate studies in Real Estate from the NYU Schack Real Estate Institute, and
received his Masters Degree from Harvard University in Management and Finance. He has his NYS Real Estate
Brokers License and holds his Securities licenses with Investment Banking Firm Oakhill Securities.

50. WholeLife Companies Inc.
Principal Biographies
William Shapard, Executive VP, Marketing
Mr. Shapard brings 10 years of market research experience to WholeLife Companies, working in hard to reach
populations including affluent seniors and the Baby Boomer generation. Bill is the founder of ShapardResearch, a
full service primary and secondary research firm and the largest market research in the state of Oklahoma. Bill has
conducted hundreds of research studies, across a varied of target populations, in every state in the continental
United States. Prior, Bill worked in Washington DC, serving as the Press Secretary for former USRep JC Watts (R-OK)
and the House Republican Conference.
Bill holds a B.A. in Marketing from the University of Mississippi and is certified as a PRC, a professional researcher
at the expert level by the Market Research Association (MRA).

51. APPENDIX 1 –
WHOLELIFE COMMUNITIES
51

52. WholeLife Companies Inc.
Traditions Community
The Traditions Community
The WholeLife Traditions community consists of 100-150 single level
residences of from 1,500 to 2,000 square feet designed with the look
and feel of the fine traditional homes. Sumptuous landscaping,
sidewalks, streetlights, and the ambiance of traditional American
communities. The expansive and highly functional WholeLife Club is at
the center of life for residents. It contains space for gatherings and
events, a state of the art fitness center, pool, game room and business
center and more.
52

53. WholeLife Companies Inc.
Courtyard Community
The Courtyard Community
Conceptual Placeholders
The WholeLife Courtyard community is designed as mid-rise height
buildings with each building consisting of between eight to twelve 1800
square foot units. The buildings will be designed as four stories and
include ground floor parking and three levels of residences. The
residences will fit into town-center style communities with beautiful
landscaping, sidewalks and streetlights. The WholeLife Club will also be
featured along will the other 4-star style amenities and concierge.
53

54. WholeLife Companies Inc.
Concierge Community
The Concierge Community
The WholeLife Concierge model is like living in a grand hotel with 75
residences with 2600 square feet in high-rise configurations. Locations are
distinctly urban with immediate proximity to entertainment, recreation, the
arts and more. The concierge staff attends to every need and residents
offered a menu of standard and al a carte services usually associated with
only the most exclusive hotels and resorts.
54

55. WholeLife Companies Inc.
Construction Budgets (Prototypical)
The following budget was prepared to represent a prototypical community with 104 units and
180,800 square feet (inclusive of the WholeLife Clubhouse.) Construction is anticipated to take
approximately 24 months (maximum in a typical Southern US climate.) The relatively short
construction time is beneficial as it keeps carrying costs and capitalized interest expense down. In
addition, residences can be delivered 4 at a time to allow for rent absorption to occur prior to the
completion of construction.
WholeLife Prototypical Construction Budget (Traditions)
Category
Land Purchase Cost
Legal Fees
Municipality Assessments
Civil Engineering
Bank Interest Expense
Origination Fee
Architectural Fees
On-Site Management/Supervision
General Contractor
Entry
Clubhouse
Insurance, Liability
Insurance Builders Risk
Furnishings, Models & Clubhouse
Property Taxes
Landscape Maintenance
Utilities (const. period)
Site Development
Landscaping
Athletic, Therapeutic Equipment
Development Contingency
Real Estate Commission
Total
Budget
Cost/Unit
$3,000,000
28,846
$50,000
481
$125,000
$100,000
$950,000
$500,000
$135,000
$120,000
$15,028,000
$50,000
$500,000
$360,000
$200,000
$167,500
$100,000
$50,000
$50,000
$3,000,000
$500,000
$50,000
$500,000
$800,000
$26,335,500
1,202
962
9,135
4,808
1,298
1,154
144,500
481
4,808
3,462
1,923
6,700
962
481
481
28,846
4,808
481
4,808
7,692
258,315
Cost/Sq.F
t.
$16.97
$0.28
$0.71
$0.57
$5.37
$2.83
$0.76
$0.68
$85.00
$0.28
$2.83
$2.04
$1.13
$25.00
$0.57
$0.28
$0.28
$16.97
$2.83
$0.28
$2.83
$4.52
$173.01
Assumptions
# of Units - 104
Total Sq Ft - 176,800
Construction Duration- 24
months
55

56. WholeLife Companies Inc.
Sample Community Layout
56

57. WholeLife Companies Inc.
Sample Community Layout
57

58. WholeLife Companies Inc.
Sample Floor Plans
Yorkshire and Dartmouth (Duplex)
58

59. WholeLife Companies Inc.
Sample Floor Plans
Hathaway and Cambridge (Quadplex)
59

60. WholeLife Companies Inc.
Sample Community Photos
*Picturesareforconceptualpurposesonly aseachcommunitywillbe designedtofitthecharacterofthelocality.
60

61. WholeLife Companies Inc.
Sample Community Photos
61

62. WholeLife Companies Inc.
Sample Community Photos
62