Unsecured Master Loan Agreement dated December 13, 2005 as amended Dear Dan,

Exhibit 10.1

October 3, 2008

KeyBank National Association, as Agent
0000 Xxxxxxxxx Xxxx, X.X.
Xxxxx 0000
Xxxxxxx, Xxxxxxx  00000
Attention:  Xx. Xxxxxx X. Xxxxxxx

Re:	Ramco-Xxxxxxxxxx Properties, L.P.
	Unsecured Master Loan Agreement dated December 13, 2005 as amended

Dear Xxx,

Pursuant to the provisions of Section 4.15 of the Unsecured Master Loan Agreement dated as of December 13, 2005, as amended, restated, extended, supplemented or otherwise modified from time to time (the “Loan Agreement”), among RAMCO-XXXXXXXXXX PROPERTIES, L.P., a Delaware limited partnership (“Borrower”), RAMCO-XXXXXXXXXX PROPERTIES TRUST, a Maryland real estate investment trust (the “Trust”) and KeyBank National Association, as a Bank and as Agent, and the other Banks from time to time party thereto, Borrower hereby requests and certifies as follows:

	1.	Extension Request. Borrower hereby irrevocably requests that the Revolving Credit Maturity Date be extended to December 13, 2009.
	2.	No Default. The undersigned chief financial or chief accounting officer of Borrower certifies that no Default or Event of Default has occurred and is continuing.
	3.	Other Conditions. All other conditions to the extension to the Revolving Credit Maturity Date requested hereby set forth in Section 4.15 of the Loan Agreement have been satisified.
	4.	Definitions. Terms defined in the Loan Agreement are used herein with the meanings so defined.

October 3, 2008
KeyBank National Association, as Agent
Revolving Credit Maturity Date Extension Request

In witness whereof, I have hereunto set my hand this 3rd day of October, 2008.

	BORROWER:
	RAMCO-XXXXXXXXXX PROPERTIES, L.P.,
	A Delaware limited partnership, by its sole general partner
	By:      Ramco-Xxxxxxxxxx Properties Trust, a
	Maryland real estate investment trust
		By:	/s/ Xxxxxxx X. Xxxxx
		Name:	Xxxxxxx X. Xxxxx
		Title:	Chief Financial Officer