0001651286-17-000122 Sample Contracts

MULTIFAMILY LOAN AND SECURITY AGREEMENT (Revised 5-5-2017)
Multifamily Loan and Security Agreement • December 12th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts

Borrower: STAR III SUGAR MILL, LLC, a Delaware limited liability company Lender: WALKER & DUNLOP, LLC, a Delaware limited liability company Date: As of December 7, 2017 Loan Amount: $24,797,000.00

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PROPERTY MANAGEMENT AGREEMENT
Property Management Agreement • December 12th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts

THIS PROPERTY MANAGEMENT AGREEMENT (this “Agreement”) is entered into as of December 7, 2017 (the “Effective Date”), by and between STAR III SUGAR MILL, LLC, a Delaware limited liability company (“Owner”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Manager”).

ASSIGNMENT OF MANAGEMENT AGREEMENT AND SUBORDINATION OF MANAGEMENT FEES
Assignment of Management Agreement • December 12th, 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 7th day of December, 2017, by and among STAR III SUGAR MILL, LLC, a Delaware limited liability company (“Borrower”), WALKER & DUNLOP, LLC, a Delaware limited liability company (“Lender”), and STEADFAST MANAGEMENT COMPANY, INC., a California corporation (“Property Manager”).

CONSTRUCTION MANAGEMENT SERVICES AGREEMENT
Construction Management Services Agreement • December 12th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts

THIS CONSTRUCTION MANAGEMENT SERVICES AGREEMENT (this “Agreement”) is entered into as of December 7, 2017 by and between STAR III Sugar Mill, 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 12th, 2017 • Real estate investment trusts

THIS GUARANTY (“Guaranty”) is entered into to be effective as of December 7, 2017, by STEADFAST APARTMENT REIT III, INC., a Maryland corporation (“Guarantor”, collectively if more than one), for the benefit of WALKER & DUNLOP, LLC, a Delaware limited liability company (“Lender”).

REINSTATEMENT AND FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT
Purchase and Sale Agreement • December 12th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts
PURCHASE AND SALE AGREEMENT by and between WILKINSON CGR LAWRENCEVILLE, LLC as Seller, and STEADFAST ASSET HOLDINGS, INC. as Purchaser October 23, 2017
Purchase and Sale Agreement • December 12th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts • Georgia
MULTIFAMILY DEED TO SECURE DEBT, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT GEORGIA (Revised 5-5-2017)
And Security Agreement • December 12th, 2017 • Steadfast Apartment REIT III, Inc. • Real estate investment trusts • Georgia

THIS MULTIFAMILY DEED TO SECURE DEBT, ASSIGNMENT OF RENTS AND SECURITY AGREEMENT (“Instrument”) is made to be effective as of the 7th day of December, 2017, between STAR III SUGAR MILL, 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 grantor (“Borrower”), and WALKER & DUNLOP, LLC, a limited liability company organized and existing under the laws of Delaware, whose address is 7501 Wisconsin Avenue, Suite 1200E, Bethesda, Maryland 20814, as grantee (“Lender”). Borrower’s organizational identification number, if applicable, is 6616073.

ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT
Assignment and Assumption of Purchase Agreement • December 12th, 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 SUGAR MILL, 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 23, 2017, (as may have been amended or may hereafter be amended, the “Purchase Agreement”), between Wilkinson CGR Lawrenceville, LLC, a Georgia limited liability company (“Seller”) and Assignor for the purchase and sale of that certain real property located in Lawrenceville, Georgia, as more particularly described in Exhibit A attached hereto (the “Property”).

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