EXCLUSIVE DEALER MANAGER AGREEMENTExclusive Dealer Manager Agreement • November 12th, 2010 • Grubb & Ellis Apartment REIT, Inc. • Real estate investment trusts • New York
Grubb & Ellis Apartment REIT, Inc. (d/b/a Apartment Trust of America) (the “Company”) is a Maryland corporation that has qualified and elected to be taxed as a real estate investment trust (a “REIT”) for federal income tax purposes beginning with the taxable year ending December 31, 2006. The Company proposes to offer (a) up to 100,000,000 shares of its common stock, $.01 par value per share (the “Shares”), for a purchase price of $10.00 per Share (subject in certain circumstances to discounts based upon the volume of shares purchased), in the primary offering (the “Primary Offering”), and (b) up to 5,000,000 Shares for a purchase price of $9.50 per Share for issuance through the Company’s distribution reinvestment plan (the “DRIP” and together with the Primary Offering, the “Offering”) (subject to the right of the Company to reallocate such Shares between the Primary Offering and the DRIP), all upon the other terms and subject to the conditions set forth in the Prospectus (as defined
