ASSIGNMENT, CONSENT AND Subordination Of DEVELOPMENT AgreementAssignment, Consent and Subordination of Development Agreement • August 13th, 2014 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts • Georgia
THIS ASSIGNMENT, CONSENT AND SUBORDINATION OF DEVELOPMENT AGREEMENT (this “Agreement”) is made as of May 14, 2014, by and among CDP DEVELOPER I, LLC, a Georgia limited liability company (“Developer”) and UCFP OWNER, LLC, a Delaware limited liability company; as Trustee under the BR/CDP Colonial Trust Agreement, dated December 15, 2013 (“Borrower”), for the benefit of KEYBANK NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns as the lender in respect of the Loan referred to below, “Lender”).
