PURCHASE AGREEMENT among DESERT CAPITAL REIT, INC. DESERT CAPITAL TRS, INC. and SANDSTONE EQUITY INVESTORS, LLC Dated as of November 21, 2007Purchase Agreement • November 28th, 2007 • Desert Capital Reit Inc • Real estate investment trusts • Nevada
Contract Type FiledNovember 28th, 2007 Company Industry JurisdictionTHIS PURCHASE AGREEMENT, dated as of November 21, 2007, is entered into by and among DESERT CAPITAL REIT, INC., a Maryland corporation (“Parent”), DESERT CAPITAL TRS, INC., a Delaware corporation (“Seller”) and SANDSTONE EQUITY INVESTORS, LLC, a Delaware limited liability company (“Buyer”). Parent, Seller and Buyer are referred to collectively herein as the “Parties.”