Assignment of Management Agreement and Subordination of Management Fees Sample Contracts

Contract
Assignment of Management Agreement and Subordination of Management Fees • May 5th, 2020

EX-10.9 10 ex109assignmentofmgmtagree.htm EXHIBIT EXHIBIT 10.9 Freddie Mac Loan Number: 708218687 Property Name: The 1800 at Barrett Lakes ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (Revised 3-1-2014) THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the 20th day of November, 2014, by and among STAR BARRETT LAKES, LLC, a Delaware limited liability company, having its principal place of business at 18100 Von Karman Avenue, Suite 500, Irvine, California 92612 (“Borrower”), BERKELEY POINT CAPITAL LLC, a Delaware limited liability company, having an address at 4550 Montgomery Avenue, Suite 1100, Bethesda, Maryland 20814 (“Lender”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation, having its principal place of business at 18100 Von Karman Avenue, Suite 500, Irvine, CA 92612 (“Property Manager”). RECITALS:

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Contract
Assignment of Management Agreement and Subordination of Management Fees • May 5th, 2020

EX-10.9 10 ex109barrettlkesassgnmtomgmt.htm EXHIBIT 10.9 EXHIBIT 10.9 Freddie Mac Loan Number: 504021354 Property Name: The 1800 at Barrett Lakes ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (Revised 7-12-2016) THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES ("Assignment") is made effective as of the 31st day of July, 2018, by and among STAR BARRETT LAKES, LLC, a Delaware limited liability company ("Borrower"), PNC BAt'IK, NATIONAL ASSOCIATION, a national banking association ("Lender"), and STEADFAST MANAGEMENT C01"IPANY, INC., a California corporation ("Property Manager"). RECITALS: A. Borrower has requested that Lender make a loan to Borrower ("Loan"). The Loan will be evidenced by a Multifamily Note from Borrower to Lender effective as of the date of this Assignment ("Note"). The Note is secured by, among other things, a Multifamily Loan and Security Agreement ("Loan Agreement") and a Multifamily Mortgage, Deed of Trust, or Dee

RECITALS:
Assignment of Management Agreement and Subordination of Management Fees • November 5th, 2004 • Cedar Shopping Centers Inc • Real estate investment trusts • New York
ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (Revised 7-12-2016)
Assignment of Management Agreement and Subordination of Management Fees • October 19th, 2016 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the 13th day of October, 2016, by and among BR CARROLL GLENRIDGE, LLC, a Delaware limited liability company (“Borrower”), KEYBANK NATIONAL ASSOCIATION, a national banking association (“Lender”), and CARROLL MANAGEMENT GROUP, LLC, a Georgia limited liability company (“Property Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES NEW PROPERTY MANAGER (Revised 3-15-2022)
Assignment of Management Agreement and Subordination of Management Fees • May 2nd, 2022

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the ____ day of ____________ ________, by and among _________________, a _________________________ (“Borrower”), __________________________________, a ________________________, (“Lender”), and ______________________, a _____________________ (“Property Manager”).

Assignment of Management Agreement and Subordination of Management Fees – TEL (Immediate) (Revised 10-10-2023)
Assignment of Management Agreement and Subordination of Management Fees • September 12th, 2023

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the ____ day of ___________, 20__ , by and among _______________________________________________, a __________________________________________ (“Borrower”), ______________________________________________________ (“Funding Lender”), and _________________________________, a _______________________________ (“Property Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • May 5th, 2020

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (this "Assignment") is made as of the 24th day of December, 2013, by BR-NPT SPRINGING ENTITY, LLC, a Delaware limited liability company, having its principal place of business at c/o Bluerock Real Estate, L.L.C., 712 Fifth Avenue, 9th Floor, New York, New York 10019 ("Borrower") to ARBOR COMMERCIAL MORTGAGE, LLC, a New York limited liability company, having an address at 333 Earle Ovington Boulevard, Uniondale, New York 11553 (together with its successors and/or assigns, "Lender"), and is consented and agreed to by BLUEROCK PROPERTY MANAGEMENT, LLC, a Michigan limited liability company, having its principal place of business at 27777 Franklin Road, Suite 900, Southfield, Michigan 48034 ("Manager").

EX-10.6 7 d247431dex106.htm ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • May 5th, 2020

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made as of the 21st day of October, 2011, between TNP SRT CONSTITUTION TRAIL, LLC, a Delaware limited liability company having an address at c/o Thompson National Properties, LLC, 1900 Main Street, Suite 700, Irvine, CA 92614 (“Borrower”), TL DOF III HOLDING CORPORATION, a Delaware corporation, having an address at c/o Torchlight Investors, 230 Park Avenue, New York, New York 10169 (together with its successors and/or assigns, “Lender”), and is acknowledged and consented to by TNP PROPERTY MANAGER, LLC, a Delaware limited liability company having its principal place of business at c/o Thompson National Properties, LLC, 1900 Main Street, Suite 700, Irvine, CA 92614 (“Agent”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • March 15th, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the 9th day of March, 2012, by and among SIR SPRING CREEK, LLC, a Delaware limited liability company, having its principal place of business at c/o Steadfast Asset Holdings, Inc., 18100 Von Karman Ave., Suite 500, Irvine, California 92612 (“New Borrower”), U.S. BANK NATIONAL ASSOCIATION, as Trustee for the registered holders of J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP., MULTIFAMILY MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2011-K702, having an address at c/o Wells Fargo Bank, N.A., Commercial Mortgage Servicing, 1901 Harrison Street, 7th Floor, Oakland, California 94612 (together with its successors and assigns, “Noteholder”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation, having its principal place of business at 18100 Von Karman Ave., Suite 500, Irvine, California 92612 (“Property Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND
Assignment of Management Agreement and Subordination of Management Fees • April 24th, 2013 • Moody National REIT I, Inc. • Real estate investment trusts • New York

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (this “Assignment”) is made as of the 9th day of April, 2013, by MOODY NATIONAL HP G-TOWN HOLDING, LLC, a Delaware limited liability company, having an address at c/o Moody National REIT I, Inc., 6363 Woodway, Suite 110, Houston, Texas 77057, (together with its permitted successors and assigns, collectively “Borrower”) to LADDER CAPITAL FINANCE LLC, a Delaware limited liability company, having an address at 345 Park Avenue, 8th Floor, New York, New York 10154 (together with its successors and assigns, collectively, “Lender”), and is consented and agreed to by MOODY NATIONAL HOSPITALITY MANAGEMENT, LLC, a Texas limited liability company, having its principal place of business at c/o Moody National REIT I, Inc., 6363 Woodway, Suite 110, Houston, Texas 77057 (together with its permitted successors and assigns, collectively, “Manager”) and by MOODY NATIONAL HP G-TOWN MT, LLC, a Delaware limited liability company,

Contract
Assignment of Management Agreement and Subordination of Management Fees • March 25th, 2020 • Lodging Fund REIT III, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (this “Assignment”) is made as of December 30, 2019, by LF3 LUBBOCK CASA TRS, LLC, a Delaware limited liability company, having its principal place of business at 1635 43rd Street South, Suite 205, Fargo, ND 58103 (“Operating Lessee”) to WILMINGTON TRUST, NATIONAL ASSOCIATION, AS TRUSTEE FOR THE BENEFIT OF THE REGISTERED HOLDERS OF JPMCC COMMERCIAL MORTGAGE SECURITIES TRUST 2016-JP4, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2016-JP4, having an address at c/o Wells Fargo Bank, N.A., Wells Fargo Commercial Mortgage Servicing, Three Wells Fargo, 401 S. Tryon Street, 8th Floor, MAC D1050-084, Charlotte, North Carolina 28202, Re: JPMCC 2016-JP4 (together with its successors and assigns, “Lender”), and is consented and agreed to by NHS LLC, a North Dakota limited liability company, d/b/a National Hospitality Services, having its principal place of business at 1635 43rd Street South, Suite 205, Fargo, ND

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • April 17th, 2012 • Paladin Realty Income Properties Inc • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”), is made as of the 5th day of April, 2012, by DT STONE RIDGE, LLC, a South Carolina limited liability company, having its principal place of business at 11132 Ventura Boulevard, Suite 415, Studio City, California 91604, (“Borrower”), and PEGASUS RESIDENTIAL, LLC, having its principal place of business at 2300 Lakeview Parkway, Suite 700, Alpharetta, Georgia 30009 (“Agent”), for the benefit of PRIP STONE RIDGE, LLC, a Delaware limited liability company, having an address, c/o Paladin Realty Partners, LLC, at 10880 Wilshire Boulevard, Suite 1400, Los Angeles, California 90024 (“Lender”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (CME)
Assignment of Management Agreement and Subordination of Management Fees • May 31st, 2012 • Steadfast Income REIT, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the 24th day of May, 2012, by and among SIR SONOMA GRANDE, 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”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • September 14th, 2007 • Secured Investment Resources Fund Lp Ii • Real estate

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made as of the ____ day of August, 2006, by EVEREST BAYBERRY, LP, a California limited partnership, having its principal place of business at c/o Everest Properties, 199 S. Los Robles Avenue, Suite 200, Pasadena, California 91101 Attn: W. Robert Kohorst (“Borrower”), to LEHMAN BROTHERS BANK, FSB, a federal stock savings bank, having an address at c/o Lehman Brothers, Inc., 1000 West Street, Wilmington, Delaware 19801 (“Lender”), and is acknowledged and consented to by WINBURY REALTY OF K.C., INC., a Missouri corporation having its principal place of business at 4520 Main Street, Suite 1000, Kansas City, Missouri 641 11 (“Agent”), for the benefit of Lender.

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • November 14th, 2012 • TNP Strategic Retail Trust, Inc. • Real estate investment trusts • New York

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (this “Assignment”) is made as of the 9th day of November, 2012, by TNP SRT LAHAINA GATEWAY, LLC, a Delaware limited liability company, having an address 1900 Main Street, Suite 700, Irvine, California 92614 (together with its permitted successors and assigns, collectively, “Borrower”) to DOF IV REIT HOLDINGS, LLC, a Delaware limited liability company, having an address at 230 Park Avenue, 12th Floor, New York, New York 10169 (together with its successors and assigns, collectively, “Lender”), and is consented and agreed to by TNP PROPERTY MANAGER, LLC, a Delaware limited liability company, having its principal place of business at 1900 Main Street, Suite 700, Irvine, California 92614 (together with its permitted successors and assigns, collectively, “Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES-CME (Revised 3-31-2008)
Assignment of Management Agreement and Subordination of Management Fees • October 11th, 2011 • Paladin Realty Income Properties Inc • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (this “Assignment”) is made effective as of the 28th day of July, 2011, by and among EVERGREEN AT COURSEY PLACE, LLC, a Louisiana limited liability company, having its principal place of business at 519 Harrison Avenue, Suite 512, Boston, Massachusetts 02118, Attention Charles Thompson (“Borrower”), DEUTSCHE BANK BERKSHIRE MORTGAGE, INC., a Delaware corporation, having an address at One Beacon Street, 14th Floor, Boston, Massachusetts 02106 (“Lender”), and PEGASUS RESIDENTIAL, LLC, a Georgia limited liability company, having its principal place of business at 2300 Lakeview Parkway, Suite 700, Alpharetta, Georgia 30009 (“Property Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • January 6th, 2015 • Hartman Short Term Income Properties XX, Inc. • Real estate • Texas

OF MANAGEMENT FEES ("Assignment") is made as of December 30, 2014, by HARTMAN ENERGY LLC, a Delaware limited liability company, having its principal place of business at 2909 Hillcroft, Suite 420, Houston, Texas 77057 ("Borrower"), to U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR MORGAN STANLEY CAPITAL I INC., COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 201 l -C3, having

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • February 8th, 2012 • TNP Strategic Retail Trust, Inc. • Real estate investment trusts • New York

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Assignment”) is made as of February 3, 2012, by TNP SRT WOODLAND WEST, LLC, a Delaware limited liability company, having its principal place of business at 1900 Main Street, Suite 700, Irvine, California 92614 (“Borrower”), to JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a banking association chartered under the laws of the United States of America, having an address at 383 Madison Avenue, New York, New York 10179 (together with its successors and assigns, “Lender”), and is consented and agreed to by TNP PROPERTY MANAGER, LLC, a Delaware limited liability company, having its principal place of business at 1900 Main Street, Suite 700, Irvine, California 92614 (“Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • June 19th, 2012 • TNP Strategic Retail Trust, Inc. • Real estate investment trusts • New York

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Assignment”) is made as of the 13th day of June, 2012, by TNP SRT PORTFOLIO II, LLC, a Delaware limited liability company, having its principal place of business at 1900 Main Street, Suite 700, Irvine, California 92614 (“Borrower”), to KEYBANK NATIONAL ASSOCIATION, a national banking association, having an address at 11501 Outlook, Suite 300, Overland Park, Kansas 66211 (together with its successors and assigns, “Lender”), and is consented and agreed to by TNP PROPERTY MANAGER, LLC, a Delaware limited liability company, having its principal place of business at 1900 Main Street, Suite 700, Irvine, California 92614 (“Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (Revised 7-12-2016)
Assignment of Management Agreement and Subordination of Management Fees • November 3rd, 2017 • Bluerock Residential Growth REIT, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made effective as of the 30th day of October, 2017, by and among BR HUNTERS CREEK, LLC, a Delaware limited liability company (“Borrower”), WALKER & DUNLOP, LLC, a Delaware limited liability company (“Lender”), and CARROLL MANAGEMENT GROUP, LLC, a Georgia limited liability company (“Property Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement and Subordination of Management Fees • May 6th, 2010 • Grubb & Ellis Healthcare REIT II, Inc. • Real estate investment trusts

THIS ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES (“Assignment”) is made as of the 30th day of April, 2010, by and between G&E HC REIT II HIGHLANDS RANCH MEDICAL PAVILION, LLC, a Delaware limited liability company (“Assumptor”), having a principal place of business at 1551 N. Tustin Ave., Suite 300, Santa Ana, California 92705 to WELLS FARGO BANK, N.A. (f/k/a WELLS FARGO BANK MINNESOTA, N.A.), AS TRUSTEE FOR THE REGISTERED HOLDERS OF CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP., COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2003-CPN1 (“Noteholder”), whose Master Servicer is Midland Loan Services, Inc., a Delaware corporation (“Midland”), having an address of 10851 Mastin, Suite 300, Overland Park, Kansas 66210 and is acknowledged and consented to by Grubb & Ellis Equity Advisors, Property Management, Inc., a Delaware corporation (“Property Manager”).

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