MULTIFAMILY LOAN AND SECURITY AGREEMENT (Revised 10-11-2017)Multifamily Loan and Security Agreement • December 20th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts
Borrower: STAR III AVERY POINT, LLC, a Delaware limited liability company Lender: BERKELEY POINT CAPITAL LLC, a Delaware limited liability company Date: As of December 15, 2017 Loan Amount: $31,220,000.00
PROPERTY MANAGEMENT AGREEMENTProperty Management Agreement • December 20th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts
THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is entered into as of December 15, 2017 (the “Effective Date”), by and between STAR III AVERY POINT, 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 • December 20th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts
THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the 15th day of December, 2017, by and among STAR III AVERY POINT, LLC, a Delaware limited liability company (“Borrower”), BERKELEY POINT CAPITAL LLC, a Delaware limited liability company (“Lender”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Property Manager”).
CONSTRUCTION MANAGEMENT SERVICES AGREEMENTConstruction Management Services Agreement • December 20th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts
THIS CONSTRUCTION MANAGEMENT SERVICES AGREEMENT (this “Agreement”) is entered into as of December 15, 2017 by and between STAR III Avery Point, LLC, a Delaware limited liability company (the “Company”), and PACIFIC COAST LAND & CONSTRUCTION, INC., a California corporation (the “Construction Manager”).
GUARANTY MULTISTATE (Revised 10-11-2017)Steadfast Apartment REIT III, Inc. • December 20th, 2017 • Real estate investment trusts
THIS GUARANTY (“Guaranty”) is entered into to be effective as of December 15, 2017, by STEADFAST APARTMENT REIT III, INC., a Maryland corporation (“Guarantor”, collectively if more than one), for the benefit of BERKELEY POINT CAPITAL LLC, a Delaware limited liability company (“Lender”).
ContractAssignment and Assumption of Leases • December 20th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts • Indiana
SALE-PURCHASE AGREEMENT (“Agreement”), made as of this 30th day of October 2017 (the “Effective Date”), between TEG AVERY POINT LLC, an Indiana limited liability company, having a mailing address c/o The Embassy Group LLC, 382A Route 59, Suite 101, Airmont, New York 10952 (“Seller”), and Steadfast Asset Holdings, Inc., California corporation, having a mailing address at 18100 Von Karman, Suite 500, Irvine, CA 92612, ATTN: Ana Marie del Rio, or its permitted assigns (“Purchaser”).
ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENTAssignment and Assumption of Purchase Agreement • December 20th, 2017 • Steadfast Apartment REIT III, 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 III AVERY POINT, 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 October 30, 2017, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between TEG Avery Point, LLC, an Indiana limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in Indianapolis, Indiana, as more particularly described in Exhibit A attached hereto (the “Property”).
MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS SECURITY AGREEMENT AND FIXTURE FILING INDIANA (Revised 5-1-2015)Security Agreement and Fixture Filing • December 20th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts
THIS MULTIFAMILY MORTGAGE, ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FIXTURE FILING (“Instrument”) is made to be effective as of the 15th day of December, 2017, between STAR III AVERY POINT, 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 mortgagor (“Borrower”), and BERKELEY POINT CAPITAL LLC, a limited liability company organized and existing under the laws of Delaware, whose address is 7700 Wisconsin Avenue, Suite 1100, Bethesda, Maryland 20814, as mortgagee (“Lender”). Borrower’s organizational identification number, if applicable, is 6628420.
