MULTIFAMILY LOAN AND SECURITY AGREEMENTMultifamily Loan and Security Agreement • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts
Borrower: NOHO COMMONS PACIFIC OWNER LLC,a Delaware limited liability company Lender: WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association Date: November 16, 2016 Loan Amount: $72,100,000.00
BUILDING LOAN MORTGAGE, ASSIGNMENT OF LEASES AND RENTS,Building Loan Mortgage • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
THIS BUILDING LOAN MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (“Mortgage”) is made as of December 1, 2016, by 210 WEST 31ST STREET OWNER, LLC, a Delaware limited liability company (“Mortgagor”) , having an office at c/o Onyx Equities, LLC, 900 Route 9 North, Suite 400, Woodbridge, New Jersey 07095, Attention: John A. Saraceno, Jr., for the benefit of PACIFICCAL PC CORE LENDER, LLC, a Delaware limited liability company, as Mortgagee (together with its successors and/or assigns, “Mortgagee”), having an office at c/o PCCP, LLC, 10100 Santa Monica Blvd., Suite 1000, Los Angeles, CA 90067, Attn: Legal Notices.
BUILDING LOAN AGREEMENT betweenBuilding Loan Agreement • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts
THIS BUILDING LOAN AGREEMENT is made and entered into as of December 1, 2016, by and between 210 WEST 31st STREET OWNER, LLC, a Delaware limited liability company (“Borrower”), and PACIFICCAL PC CORE LENDER, LLC, a Delaware limited liability company (together with its successors and/or assigns, “Lender”).
CONSOLIDATED, AMENDED AND RESTATED ACQUISITION LOAN MORTGAGE, ASSIGNMENT OF LEASES AND RENTS,Acquisition Loan Mortgage • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
THIS CONSOLIDATED, AMENDED AND RESTATED ACQUISITION LOAN MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (“Mortgage”) is made as of December 1, 2016, by 210 WEST 31ST STREET OWNER, LLC, a Delaware limited liability company (“Mortgagor”), having an office at c/o Onyx Equities, LLC, 900 Route 9 North, Suite 400, Woodbridge, New Jersey 07095, Attention: John A. Saraceno, Jr., for the benefit of PACIFICCAL PC CORE LENDER, LLC, a Delaware limited liability company, as Mortgagee (together with its successors and/or assigns, “Mortgagee”), having an office at c/o PCCP, LLC, 10100 Santa Monica Blvd., Suite 1000, Los Angeles, CA 90067, Attn: Legal Notices.
MULTIFAMILY NOTE FLOATING RATE - VALUE-ADD TRANSACTIONMultifamily Note • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts
FOR VALUE RECEIVED, NOHO COMMONS PACIFIC OWNER LLC, a Delaware limited liability company (together with such party’s or parties’ successors and assigns, “Borrower”) jointly and severally (if more than one), promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, the principal sum of $72,100,000.00, with interest on the unpaid principal balance, as hereinafter provided.
PURCHASE AND SALE AGREEMENT TO ASSIGN EIGHTY PERCENT (80%) OF GROUND LEASE BY AND BETWEEN ONYX 31ST STREET, LLC AND DATED AS OF October 28, 2016Purchase and Sale Agreement • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
THIS PURCHASE AND SALE AGREEMENT TO ASSIGN EIGHTY PERCENT (80%) OF GROUND LEASE (this "AGREEMENT") is made as of this 28th day of October, 2016 (the “EFFECTIVE DATE”), by and between ONYX 31ST STREET, LLC, a Delaware limited liability company (“Onyx”), having an address at c/o Onyx Equities, LLC, 900 Route 9 North, Suite 400, Woodbridge, New Jersey 07095, and such other entities as join as sellers (collectively, "SELLER") and 210 WEST 31ST STREET OWNER, LLC, a Delaware limited liability company, having an address at c/o Onyx Equities, LLC, 900 Route 9 North, Suite 400, Woodbridge, NJ 07095 ("PURCHASER"). The term “SELLER” shall also include the TIC Holders that will join this Agreement as sellers prior to Closing by executing a Joinder pursuant to Section 8.4(h) below (as such capitalized terms are defined below).
ACQUISITION AND PROJECT LOAN AGREEMENT BY AND BETWEEN PACIFICCAL PC CORE LENDER, LLC, AS LENDER ANDAcquisition and Project Loan Agreement • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
THIS ACQUISITION AND PROJECT LOAN AGREEMENT is made and entered into as of December 1, 2016, by and between 210 WEST 31st STREET OWNER, LLC, a Delaware limited liability company (“Borrower”), and PACIFICCAL PC CORE LENDER, LLC, a Delaware limited liability company (together with its successors and/or assigns, “Lender”).
LIMITED LIABILITY COMPANY AGREEMENT OF KBS SOR II 210 WEST 31ST STREET, LLCLimited Liability Company Agreement • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
This LIMITED LIABILITY COMPANY AGREEMENT OF KBS SOR II 210 WEST 31ST, LLC (this “Agreement”), is entered into effective as of October 28 , 2016 (the “Effective Date”), by and between ONYX 31ST STREET, LLC, a Delaware limited liability company (“JV Member”), and KBS SOR II 210 WEST 31st STREET JV, LLC, a Delaware limited liability company (“KBS” or “Co-Managing Member”). JV Member and KBS may hereinafter be referred to herein collectively, as the “Members” or individually as a “Member.”
FIRST AMENDMENT TO LIMITED LIABILITY COMPANY AGREEMENT OF KBS SOR II 210 WEST 31st STREET, LLCLimited Liability Company Agreement • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • Delaware
This FIRST AMENDMENT TO LIMITED LIABILITY COMPANY AGREEMENT OF KBS SOR II 210 WEST 31st STREET, LLC ("Amendment") is entered into as of December 1 , 2016 (the “Amendment Date”), by ONYX 31st STREET, LLC, a Delaware limited liability company ("JV Member"), and KBS SOR II 210 WEST 31st STREET JV, LLC, a Delaware limited liability company ("Co-Managing Member"). Except as otherwise provided herein, the capitalized terms used in this Amendment shall have the respective meanings assigned to such terms in, and the Article and Section references contained herein shall refer to, the Agreement (as such term is defined in Recital A below).
PROJECT LOAN MORTGAGE, ASSIGNMENT OF LEASES AND RENTS,Project Loan Mortgage • February 2nd, 2017 • KBS Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
THIS PROJECT LOAN MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (“Mortgage”) is made as of December 1, 2016, by 210 WEST 31ST STREET OWNER, LLC, a Delaware limited liability company (“Mortgagor”) , having an office at c/o Onyx Equities, LLC, 900 Route 9 North, Suite 400, Woodbridge, New Jersey 07095, Attention: John A. Saraceno, Jr., for the benefit of PACIFICCAL PC CORE LENDER, LLC, a Delaware limited liability company, as Mortgagee (together with its successors and/or assigns, “Mortgagee”), having an office at c/o PCCP, LLC, 10100 Santa Monica Blvd., Suite 1000, Los Angeles, CA 90067, Attn: Legal Notices.
