50,750,000 CONSTRUCTION LOAN AGREEMENT by and among IRET-71 FRANCE, LLC as Borrower and THE LENDERS PARTY HERETO and PNC BANK, NATIONAL ASSOCIATION, as Administrative Agent and PNC CAPITAL MARKETS LLC, as Lead Arranger and Sole Bookrunner Dated:...Construction Loan Agreement • January 28th, 2015 • Investors Real Estate Trust • Real estate investment trusts • Pennsylvania
THIS CONSTRUCTION LOAN AGREEMENT (the "Agreement") is made to be effective January 22, 2015, by and among IRET-71 FRANCE, LLC, a North Dakota limited liability company ("Borrower"), each Lender which may from time to time become a party to this Agreement and PNC BANK, NATIONAL ASSOCIATION, as administrative agent and as a Lender.
