BUILDING LOAN AGREEMENT Dated as of January 24, 2023 Between CHAPEL DRIVE EAST, LLC, as Borrower and OCEANVIEW LIFE AND ANNUITY COMPANY, as LenderBuilding Loan Agreement • March 7th, 2023 • ACRES Commercial Realty Corp. • Real estate investment trusts • New York
THIS BUILDING LOAN AGREEMENT, dated as of January 24th, 2023 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between OCEANVIEW LIFE AND ANNUITY COMPANY, an Alabama corporation (together with its successors and assigns, “Lender”), having an address at c/o Oceanview Asset Management, 142 West 57th Street, 3rd Floor, New York, New York 10019, and CHAPEL DRIVE EAST, LLC, a Delaware limited liability company (“Borrower”), having its principal place of business at c/o Charles Street Partners, 1430 Larimer Street, Suite 302, Denver, Colorado 80202.
