SIXTH LOAN MODIFICATION AGREEMENT (Loan #28603120-14)Loan Modification Agreement • December 3rd, 2015 • Acre Realty Investors Inc • Real estate investment trusts • Georgia
THIS SIXTH LOAN MODIFICATION AGREEMENT (this “Agreement”) made effective as of December 1, 2015 (the “Effective Date”), by and among SYNOVUS BANK, formerly known as Columbus Bank & Trust Company, successor-in-interest through name change and by merger with Bank of North Georgia (“Lender”), ACRE REALTY LP, successor by name change to ROBERTS PROPERTIES RESIDENTIAL, L.P., a Georgia limited partnership (“Borrower”), and ACRE REALTY INVESTORS INC., successor by name change to ROBERTS REALTY INVESTORS, INC., a Georgia corporation (“Guarantor”).
SECOND AMENDMENT TO SALES CONTRACTSales Contract • December 3rd, 2015 • Acre Realty Investors Inc • Real estate investment trusts • Georgia
THIS SECOND AMENDMENT TO SALES CONTRACT (this “Amendment”) is made as of November 19, 2015 (the “Amendment Effective Date”), by and between ACRE REALTY LP, a Georgia limited partnership (“Seller”), and MAPLE MULTI-FAMILY LAND SE, L.P., a Delaware limited partnership (“Purchaser”).
FIFTH AMENDMENT TO SALES CONTRACTSales Contract • December 3rd, 2015 • Acre Realty Investors Inc • Real estate investment trusts • Georgia
THIS FIFTH AMENDMENT TO SALES CONTRACT (the “Amendment”) is made and entered into this 30th day of November, 2015 (the “Fifth Amendment Effective Date”), by and between ACRE REALTY LP, a Georgia limited partnership, formerly named Roberts Properties Residential, L.P. (“Seller”), and BRADLEY PARK APARTMENTS, LLC, a Georgia limited liability company (“Purchaser”).
RELEASE AGREEMENT AND COVENANT NOT TO SUERelease Agreement and Covenant Not to Sue • December 3rd, 2015 • Acre Realty Investors Inc • Real estate investment trusts
This Release Agreement and Covenant Not to Sue (this “Release”) is hereby made, executed and delivered as of this 30th day of November, 2015, by Mr. Charles S. Roberts to and for the benefit of ACRE Realty Investors, Inc., ACRE Realty LP, A-III Investment Partners LLC, A-III Manager LLC, each of their respective affiliates and each of their and their affiliates’ respective shareholders, members, partners, directors, officers, managers, employees, benefit plans, and each of the respective successors and assigns thereof (collectively, the “Released Parties”).
