PURCHASE AND SALE AGREEMENT (COMMONS AT TOWN CENTER, VERNON HILLS, ILLINOIS)Purchase and Sale Agreement • December 7th, 2018 • Inland Residential Properties Trust, Inc. • Real estate investment trusts
THIS PURCHASE AND SALE AGREEMENT is dated as of December 4, 2018 (the “Effective Date”), by and between IRESI VERNON HILLS COMMONS, L.L.C., a Delaware limited liability company (“Seller”), having an address c/o Inland Residential Properties Trust, Inc., 2901 Butterfield Road, Oak Brook, Illinois 60523, Attention: Daniel Zatloukal, e-mail address: Daniel.zatloukal@inlandgroup.com (with copies to: The Inland Real Estate Group, LLC, Law Department, 2901 Butterfield Road, Oak Brook, Illinois 60523, Attention: David Neboyskey, Esq., email: dneboyskey@inlandgroup.com) and FPA MULTIFAMILY, LLC. a California limited liability company (“Buyer”), having an address of 2082 Michelson Drive, Suite 400, Irvine CA 92612, Attn: Michael B. Earl, email: mearl@trinity-pm.com with a copy to Sayer Sweeney, ssweeney@fpamf.com.
