MULTIFAMILY LOAN AND SECURITY AGREEMENTMultifamily Loan and Security Agreement • November 9th, 2018 • Resource Apartment REIT III, Inc. • Real estate investment trusts
Borrower: RRE KENSINGTON HOLDINGS, LLC, a Delaware limited liability company Lender: CBRE CAPITAL MARKETS, INC., a Texas corporation Date: September 14, 2018 Loan Amount: $21,760,000.00
MULTIFAMILY NOTE FIXED RATE DEFEASANCEResource Apartment REIT III, Inc. • November 9th, 2018 • Real estate investment trusts
FOR VALUE RECEIVED, RRE KENSINGTON HOLDINGS, LLC, a Delaware limited liability company (together with such party’s or parties’ successors and assigns, “Borrower”) jointly and severally (if more than one) promises to pay to the order of CBRE CAPITAL MARKETS, INC., a Texas corporation, the principal sum of $21,760,000.00, with interest on the unpaid principal balance, as hereinafter provided.
MULTIFAMILY NOTE FIXED RATE DEFEASANCEResource Apartment REIT III, Inc. • November 9th, 2018 • Real estate investment trusts
FOR VALUE RECEIVED, RRE MATTHEWS RESERVE HOLDINGS, LLC, a Delaware limited liability company (together with such party’s or parties’ successors and assigns, “Borrower”) jointly and severally (if more than one) promises to pay to the order of CBRE CAPITAL MARKETS, INC., a Texas corporation, the principal sum of $23,850,000.00, with interest on the unpaid principal balance, as hereinafter provided.
SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 9th, 2018 • Resource Apartment REIT III, Inc. • Real estate investment trusts
THIS SECOND AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Second Amendment”) is entered into as of September 11, 2018 (the “Amendment Effective Date”) by and between KENSINGTON PROPERTY HOLDINGS, LLC, a Delaware limited liability company (“Seller”) and RESOURCE APARTMENT OP III, LP, a Delaware limited partnership (“Purchaser”).
SALE, PURCHASE AND ESCROW AGREEMENTSale, Purchase and Escrow Agreement • November 9th, 2018 • Resource Apartment REIT III, Inc. • Real estate investment trusts • Delaware
This Sale, Purchase and Escrow Agreement, dated as of July 9, 2018 (this “Agreement”), is made by and between MATTHEWS RESERVE II, LLC, a Delaware limited liability company (“Seller”), and RESOURCE APARTMENT OP III, LP, a Delaware limited partnership (“Purchaser”), and constitutes (a) a contract of sale and purchase between the parties and (b) an escrow agreement among Seller, Purchaser and REPUBLIC TITLE OF TEXAS, INC. (“Escrow Agent”), the consent of which appears at the end hereof.
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 9th, 2018 • Resource Apartment REIT III, Inc. • Real estate investment trusts • Florida
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of this 23rd day of July, 2018 (the “Effective Date”) by and between KENSINGTON PROPERTY HOLDINGS, LLC, a Delaware limited liability company (“Seller”), and RESOURCE APARTMENT OP III, LP, a Delaware limited partnership (“Purchaser”).
FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 9th, 2018 • Resource Apartment REIT III, Inc. • Real estate investment trusts
THIS FIRST AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “First Amendment”) is entered into as of August 2, 2018 (the “Amendment Effective Date”) by and between KENSINGTON PROPERTY HOLDINGS, LLC, a Delaware limited liability company (“Seller”) and RESOURCE APARTMENT OP III, LP, a Delaware limited partnership (“Purchaser”).
THIRD AMENDMENT TO PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 9th, 2018 • Resource Apartment REIT III, Inc. • Real estate investment trusts
THIS THIRD AMENDMENT TO PURCHASE AND SALE AGREEMENT (this “Third Amendment”) is entered into as of September 13, 2018 (the “Amendment Effective Date”) by and between KENSINGTON PROPERTY HOLDINGS, LLC, a Delaware limited liability company (“Seller”) and RESOURCE APARTMENT OP III, LP, a Delaware limited partnership (“Purchaser”).
