Operating Agreement of MADISON-PVT PARTNERS LLC A California Limited Liability CompanyOperating Agreement • March 11th, 2021 • MacKenzie Realty Capital, Inc. • California
This Operating Agreement is entered into to take effect February ____, 2021 (the “Effective Date”) regarding Madison-PVT Partners LLC (the “Company”) by BAA Investment Group, LLC, a California limited liability company, the Manager, Joel Kelly, Kristopher Lamont, MacKenzie Realty Capital, Inc., a Maryland corporation that has elected to be taxable for federal income tax purposes as a real estate investment trust under the Code and any other persons admitted and executed as Members as set out in Exhibit B attached hereto (referred to herein individually as a “Member” and collectively as the “Members”).
