AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF IPC ALTERNATIVE REAL ESTATE OPERATING PARTNERSHIP, LP A DELAWARE LIMITED PARTNERSHIP August 24, 2023Limited Partnership Agreement • September 22nd, 2023 • IPC Alternative Real Estate Income Trust, Inc. • Real estate investment trusts • Delaware
This Amended and Restated Limited Partnership Agreement (this “Agreement”), dated as of August 24, 2023, amends and restates the Limited Partnership Agreement entered into as of June 21, 2021, and is entered into by and among IPC Alternative Real Estate Income Trust, Inc. (f/k/a Inland Private Capital Alternative Assets Fund, LLC), a Maryland corporation, as general partner (the “General Partner”) and as a Limited Partner, IPC REIT Special Limited Partner, LP, a Delaware limited partnership (the “Special Limited Partner”) and the Limited Partners party hereto from time to time.
FORM OF PROPERTY MANAGEMENT AGREEMENTProperty Management Agreement • September 22nd, 2023 • IPC Alternative Real Estate Income Trust, Inc. • Real estate investment trusts
THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”), dated as of [ ], 20[ ] (the “Effective Date”), is entered into by [ ], L.L.C., a Delaware limited liability company (“Owner”), IPC Alternative Real Estate Operating Partnership, LP, a Delaware limited partnership (the “Operating Partnership”), and Inland Commercial Real Estate Services LLC, a Delaware limited liability company (“Property Manager”).
ADVISORY AGREEMENT AMONG IPC ALTERNATIVE REAL ESTATE INCOME TRUST, INC., IPC ALTERNATIVE REAL ESTATE OPERATING PARTNERSHIP, LP, AND IPC ALTERNATIVE REAL ESTATE ADVISOR, LLCAdvisory Agreement • September 22nd, 2023 • IPC Alternative Real Estate Income Trust, Inc. • Real estate investment trusts • Illinois
THIS ADVISORY AGREEMENT (this “Agreement”), dated as of the 24th day of August, 2023 and effective as of the 1st day of August, 2023 (the “Effective Date”), is by and among IPC Alternative Real Estate Income Trust, Inc., a Maryland corporation (the “Company”), ”), IPC Alternative Real Estate Operating Partnership, LP, a Delaware limited partnership (the “Operating Partnership”), and IPC Alternative Real Estate Advisor, LLC, a Delaware limited liability company (the “Advisor”). Capitalized terms used herein shall have the meanings ascribed to them in Section 1 below.
BUSINESS MANAGEMENT AGREEMENTBusiness Management Agreement • September 22nd, 2023 • IPC Alternative Real Estate Income Trust, Inc. • Real estate investment trusts • Illinois
THIS BUSINESS MANAGEMENT AGREEMENT (this “Agreement”), dated as of July 14, 2021, is entered into by and between INLAND PRIVATE CAPITAL ALTERNATIVE ASSETS FUND, LLC, a Delaware limited liability company (the “Company”), IPC Alternative Assets Operating Partnership, LP, a Delaware limited partnership and the Company’s operating partnership (the “Operating Partnership”), and IPC ALTERNATIVE ASSETS BUSINESS MANAGER, LLC, a Delaware limited liability company (the “Business Manager”).
TRADEMARK LICENSE AGREEMENTTrademark License Agreement • September 22nd, 2023 • IPC Alternative Real Estate Income Trust, Inc. • Real estate investment trusts
This Trademark License Agreement (“Agreement”), by and between The Inland Real Estate Group, LLC, a Delaware limited liability company with its principal place of business at 2901 Butterfield Road, Oak Brook, Illinois 60523 (“Licensor”), and IPC Alternative Real Estate Income Trust, Inc., a Maryland corporation, with its principal place of business at 2901 Butterfield Road, Oak Brook, Illinois 60523 (“Licensee”), is effective, nunc pro tunc, as of June 12, 2023 (the “Effective Date”).
