GRUBB & ELLIS APARTMENT REIT, INC. UP TO 105,000,000 SHARES OF COMMON STOCK DEALER MANAGER AGREEMENT June 22, 2009Dealer Manager Agreement • June 26th, 2009 • Grubb & Ellis Apartment REIT, Inc. • Real estate investment trusts • California
Grubb & Ellis Apartment REIT, Inc., a Maryland corporation (the “Company”), is registering $1,047,500,000 in shares of its common stock, $.01 par value per share (the “Shares”), for sale to the public (the “Offering”), of which (i) $1,000,000,000 in Shares are intended to be offered pursuant to the primary offering and (ii) $47,500,000 in Shares are intended to be offered pursuant to the Company’s distribution reinvestment plan (the “DRIP”). The Company reserves the right to reallocate the Shares being offered between the primary offering and the DRIP. Except as described in the Prospectus (as defined below) or in Section 5.1 hereof, the Shares are to be sold pursuant to the primary offering for a cash price of $10.00 per Share and the Shares are to be sold pursuant to the DRIP for $9.50 per Share.
