MULTIFAMILY LOAN AND SECURITY AGREEMENT (Revised 10-11-2017)Multifamily Loan and Security Agreement • January 4th, 2018 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
Borrower: STAR DELANO, LLC, a Delaware limited liability company Lender: PNC BANK, NATIONAL ASSOCIATION, a national banking association Date: As of December 29, 2017 Loan Amount: $30,011,000.00
ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEESAssignment of Management Agreement • January 4th, 2018 • 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 29th day of December, 2017, by and among STAR DELANO, LLC, a Delaware limited liability company (“Borrower”), PNC BANK, NATIONAL ASSOCIATION, a national banking association (“Lender”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Property Manager”).
MULTIFAMILY NOTE FLOATING RATESteadfast Apartment REIT, Inc. • January 4th, 2018 • Real estate investment trusts
FOR VALUE RECEIVED, STAR MONTICELLO, 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 PNC BANK, NATIONAL ASSOCIATION, a national banking association, the principal sum of $41,445,000.00, with interest on the unpaid principal balance, as hereinafter provided.
GUARANTY MULTISTATE (Revised 10-11-2017)Steadfast Apartment REIT, Inc. • January 4th, 2018 • Real estate investment trusts
THIS GUARANTY (“Guaranty”) is entered into to be effective as of December 29, 2017, 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”).
MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FIXTURE FILING TEXAS (Revised 10-11-2017)Security Agreement and Fixture Filing • January 4th, 2018 • Steadfast Apartment REIT, Inc. • Real estate investment trusts
THIS MULTIFAMILY DEED OF TRUST, ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FIXTURE FILING (“Instrument”) is made to be effective as of this 29th day of December, 2017, by STAR MEADOWS, 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 GARY S. FARMER, whose address is 401 Congress Avenue, Suite 1500, Austin, TX 78701, 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 5797169.
