0001558370-23-004660 Sample Contracts

TWELFTH AMENDED AND RESTATED ADVISORY AGREEMENT
Advisory Agreement • March 27th, 2023 • Sterling Real Estate Trust • Real estate investment trusts

THIS ADVISORY AGREEMENT (the “Agreement”), dated effective as of April 1, 2023 (the “Effective Date”), is among Sterling Real Estate Trust d/b/a Sterling Multifamily Trust, an unincorporated North Dakota business trust (the “Company”), Sterling Properties, LLLP, d/b/a Sterling Multifamily Properties, LLLP, a North Dakota limited liability limited partnership (“Operating Partnership”) and Sterling Management, LLC, a North Dakota limited liability company (the “Advisor”).

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