MULTIFAMILY LOAN AND SECURITY AGREEMENTMultifamily Loan and Security Agreement • December 23rd, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
THIS MULTIFAMILY LOAN AND SECURITY AGREEMENT (“Loan Agreement”) is dated as of the 19th day of December, 2014 and is made by and between STAR OASIS, LLC, a Delaware limited liability company (“Borrower”), and PNC BANK, NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, “Lender”).
PROPERTY MANAGEMENT AGREEMENTProperty Management Agreement • December 23rd, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is made and entered into as of December 19, 2014 (the “Effective Date”), by and between STAR OASIS, LLC, a Delaware limited liability company (“Owner”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Manager”).
ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEESAssignment of Management Agreement and Subordination of Management Fees • December 23rd, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the 19th day of December, 2014, by and among STAR OASIS, LLC, a Delaware limited liability company, having its principal place of business at c/o Steadfast Companies, 18100 Von Karman Avenue, Suite 500, Irvine, California 92612 (“Borrower”), PNC BANK, NATIONAL ASSOCIATION, a national banking association, having an address at 26901 Agoura Road, Suite 200, Calabasas Hills, California 91301, Attention: Loan Servicing Manager (“Lender”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation, having its principal place of business at c/o Steadfast Companies, 18100 Von Karman Avenue, Suite 500, Irvine, California 92612 (“Property Manager”).
CONSTRUCTION MANAGEMENT SERVICES AGREEMENTConstruction Management Services Agreement • December 23rd, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
THIS CONSTRUCTION MANAGEMENT SERVICES AGREEMENT (this “Agreement”) is entered into as of December 19, 2014 by and between STAR OASIS, LLC, a Delaware limited liability company (the “Company”), and PACIFIC COAST LAND & CONSTRUCTION, INC., a California corporation (the “Construction Manager”).
MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT COLORADO (Revised 3-1-2014)Multifamily Deed of Trust, Assignment of Rents and Security Agreement • December 23rd, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
THIS MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (“Instrument”) is made to be effective as of this 19th day of December, 2014, by STAR OASIS, LLC, a limited liability company organized and existing under the laws of Delaware, whose address is c/o Steadfast Companies, 18100 Von Karman Avenue, Suite 500, Irvine, California 92612, as trustor (“Borrower”), to the Public Trustee of El Paso County, as trustee (“Trustee”), for the benefit of PNC BANK, NATIONAL ASSOCIATION, a national banking association, whose address is 26901 Agoura Road, Suite 200, Calabasas Hills, California 91301, Attention: Loan Servicing Manager, as beneficiary (“Lender”). Borrower’s organizational identification number, if applicable, is 5624510.
GUARANTY MULTISTATE (Revised 10-24-2014)Guaranty • December 23rd, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
THIS GUARANTY (“Guaranty”) is entered into to be effective as of December 19, 2014, by STEADFAST APARTMENT REIT, INC., a Maryland corporation (“Guarantor”, collectively if more than one), for the benefit of PNC BANK, NATIONAL ASSOCIATION, a national banking association (“Lender”).
ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENTAssignment and Assumption of Purchase Agreement • December 23rd, 2014 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, STEADFAST ASSET HOLDINGS, INC., a California corporation (“Assignor”), hereby assigns to STAR OASIS, LLC, a Delaware limited liability company (“Assignee”), all of Assignor’s rights and obligations under and in regard to that certain Purchase and Sale Agreement and Joint Escrow Instructions dated September 9, 2014, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between Oasis Apartments, LLC, a Colorado limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in Colorado Springs, Colorado, as more particularly described in Exhibit A attached hereto (the “Property”).
