CREDIT AGREEMENT BY AND AMONGCredit Agreement • March 6th, 2017 • Preferred Apartment Communities Inc • Real estate investment trusts • Virginia
Contract Type FiledMarch 6th, 2017 Company Industry JurisdictionTHIS CREDIT AGREEMENT (“Agreement”) is dated as of February 28, 2017 and is made by and among PCC TEMPE, LLC, a Delaware limited liability company having an address of 3284 Northside Parkway, Suite 150, Atlanta, Georgia 30327 (“Borrower”) PREFERRED APARTMENT COMMUNITIES INC., having an address of 3284 Northside Parkway, Suite 150, Atlanta, Georgia 30327 (“Sponsor”) and KEYBANK NATIONAL ASSOCIATION, a national banking association having an address of c/o KeyBank Real Estate Capital-Servicing Department, 11501 Outlook Street, Suite 300, Overland Park, Kansas 66211, Mail Code KS-01-11-0501 (together, with its successors and/or assigns, “Lender”).