PURCHASE AND SALE AGREEMENT Between Madison Creek Partners, LLC and Summit Healthcare, REIT, Inc. for the Creekside, Calimesa, and Millcreek PropertiesPurchase and Sale Agreement • July 9th, 2021 • Summit Healthcare REIT, Inc • Real estate investment trusts • California
THIS PURCHASE AND SALE AGREEMENT (“Agreement”) is made and entered into as of this ___8th___ day of February 2021 (the “Effective Date”), by and between MADISON CREEK PARTNERS, LLC, a California limited liability company (“Seller”), and SUMMIT HEALTHCARE REIT, INC. a Maryland corporation, or its assignee (“Buyer”).
TERM LOAN AND SECURITY AGREEMENTTerm Loan and Security Agreement • July 9th, 2021 • Summit Healthcare REIT, Inc • Real estate investment trusts • Illinois
This TERM LOAN AND SECURITY AGREEMENT (this “Agreement”), dated as of July 2, 2021, is made by and among Summit Creekside LLC, a Delaware limited liability company (“Creekside”), Summit YucaipA LLC, a Delaware limited liability company (“Yucaipa”), Summit Mentone LLC, a Delaware limited liability company (“Mentone”, and together with Creekside and Yucaipa, the “Borrowers” and each a “Borrower”), and CIBC BANK, USA, an Illinois banking corporation f/k/a The PrivateBank and Trust Company (together with its successors and assigns, the “Lender”).
