ADVISORY AGREEMENT between PACIFIC OAK STRATEGIC OPPORTUNITY REIT II, INC. and PACIFIC OAK CAPITAL ADVISORS, LLC November 1, 2019Advisory Agreement • November 8th, 2019 • Pacific Oak Strategic Opportunity REIT II, Inc. • Real estate investment trusts • Delaware
This Advisory Agreement, dated as of November 1, 2019 (the “Agreement”) is between Pacific Oak Strategic Opportunity REIT II, Inc., a Maryland corporation (the “Company”), and Pacific Oak Capital Advisors, LLC, a Delaware limited liability company (the “Advisor”).
LOAN AGREEMENT Dated as of August 30, 2019 Between NOHO COMMONS PACIFIC OWNER LLC a Delaware limited liability company, as Borrower and INVESCO CMI INVESTMENTS, L.P., a Delaware limited partnership, as LenderLoan Agreement • November 8th, 2019 • Pacific Oak Strategic Opportunity REIT II, Inc. • Real estate investment trusts • New York
THIS LOAN AGREEMENT, dated as of August 30, 2019 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between INVESCO CMI INVESTMENTS, L.P., a Delaware limited partnership, having an address at c/o Invesco Real Estate, 2001 Ross Avenue, Suite 3400, Dallas Texas 75201 (together with its successors and assigns, “Lender”), and NOHO COMMONS PACIFIC OWNER LLC, a Delaware limited liability company, having an address at 13949 Ventura Boulevard, Suite 350, Sherman Oaks, California 91423 (together with its permitted successors and permitted assigns, “Borrower”).
PROMISSORY NOTEPacific Oak Strategic Opportunity REIT II, Inc. • November 8th, 2019 • Real estate investment trusts • New York
FOR VALUE RECEIVED NOHO COMMONS PACIFIC OWNER LLC, a Delaware limited liability company, as maker, having its principal place of business at 13949 Ventura Boulevard, Suite 350, Sherman Oaks, California 91423 (“Borrower”), hereby unconditionally promises to pay to the order of INVESCO CMI INVESTMENTS, L.P., a Delaware limited partnership, having an address at c/o Invesco Real Estate, 2001 Ross Avenue, Suite 3400, Dallas Texas 75201 (together with its successors and assigns, “Lender”), or at such other place as the holder hereof may from time to time designate in writing, the principal sum of up to Seventy-Five Million Nine Hundred Fifty Thousand and No/100 Dollars ($75,950,000.00) or so much thereof as is advanced, in lawful money of the United States of America, with interest thereon to be computed from the date of this Promissory Note at the Applicable Interest Rate (as defined in the Loan Agreement (as defined below)), and to be paid in accordance with the terms of this Promissory No
GUARANTY OF RECOURSE OBLIGATIONSPacific Oak Strategic Opportunity REIT II, Inc. • November 8th, 2019 • Real estate investment trusts • New York
THIS GUARANTY OF RECOURSE OBLIGATIONS (as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, this “Guaranty”) is made this 30th day of August, 2019, jointly and severally, by KARL SLOVIN, an individual, having an address at c/o M West Holdings, LLC, 13949 Ventura Boulevard, Suite 350, Sherman Oaks, California 91423 (“Individual Guarantor”), SLOVIN PROPERTIES, INC., a Delaware corporation, having an address at c/o M West Holdings, LLC, 13949 Ventura Boulevard, Suite 350, Sherman Oaks, California 91423 (“Slovin Guarantor”), and KBS SOR US PROPERTIES II LLC, a Delaware limited liability company, having an address at 800 Newport Center Drive, Suite 700, Newport Beach, California 92660 (“KBS Guarantor” , together with Individual Guarantor and Slovin Guarantor, collectively, “Guarantor”), in favor of INVESCO CMI INVESTMENTS, L.P., a Delaware limited partnership, having an address at c/o Invesco Real Estate, 2001 Ross Avenue, Suite 3400, Dallas
