Hotel Purchase and Sale Agreement Sample Contracts

HOTEL PURCHASE AND SALE AGREEMENT By and Between EAGAN LODGING INVESTORS II, LLC, a Wisconsin limited liability company as Seller AND Lodging Fund REIT III OP, LP, a Delaware limited partnership as Purchaser HOTEL Hampton Inn — Eagan, Minnesota
Hotel Purchase and Sale Agreement • August 8th, 2019 • Lodging Fund REIT III, Inc. • Minnesota

BDS Laundry Management Company Guest Laundry 2/22/2013 2/21/2025 Lessee receives $1.15 per machine per day. Such minimum compensation shall increase by 3 percent per year. After retaining its daily minimum, Lessee to pay Lessor 61% of the laundry receipts. Monthly Lease auto-renews for 6 year terms.

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HOTEL 71
Hotel Purchase and Sale Agreement • March 15th, 2005 • Boykin Lodging Co • Real estate investment trusts • Illinois
FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • January 16th, 2019 • Starwood Real Estate Income Trust, Inc. • Real estate investment trusts • Georgia

This First Amendment to Hotel Purchase and Sale Agreement (this “Amendment”) is entered into effective as of October 9, 2018 (the “Effective Date”), between NF II/CI TAMPA AIRPORT, LLC, NF II/CI FORT MYERS GULF CENTER, LLC, NF II/CI LITTLE ROCK, LLC, NF II BEACHWOOD PARK EAST, LLC, HP BOULDER, L.L.C., NF II/CI TAMPA AVION, LLC, NF II/CI KNOXVILLE, LLC, and NF II/CI FORT MYERS AIRPORT, LLC, each a Delaware limited liability company (collectively, “Sellers”), SCG GLOBAL HOLDINGS, L.L.C., a Delaware limited liability company (“Original Buyer”), and SREIT HOTEL HOLDINGS, L.L.C., a Delaware limited liability company (“Buyer Assignee” and, together with Original Buyer, “Buyer”).

SECOND AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • November 2nd, 2021 • Condor Hospitality Trust, Inc. • Real estate investment trusts

THIS SECOND AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT (this “Amendment”) is effective as of October 28, 2021 (the “Effective Date”), by and between CONDOR HOSPITALITY TRUST, INC., a Maryland corporation (“Seller”), and B9 COWBOY MEZZ A LLC, a Delaware limited liability company (collectively, “Buyer”).

HOTEL PURCHASE AND SALE AGREEMENT by and between AHF NEVADA, INC. as Seller, and MRC I FUNDING CORPORATION as Purchaser
Hotel Purchase and Sale Agreement • August 3rd, 2007 • Apple Hospitality Five Inc • Real estate investment trusts • Nevada

THIS HOTEL PURCHASE AND SALE AGREEMENT (this “Agreement”) is made effective as of July 13, 2007 (the “Effective Date”), by and between AHF Nevada, Inc., a Virginia corporation (“Seller”), and MRC I Funding Corporation, a Delaware Corporation (“Purchaser”).

HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • November 30th, 2005 • DiamondRock Hospitality Co • Real estate investment trusts • Florida
FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • August 8th, 2019 • Lodging Fund REIT III, Inc.

THIS FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT (this “Amendment”) is made and entered into as of May 1, 2019 (the “Effective Date”), by and between LODGING FUND REIT III OP, LP, a Delaware limited partnership (“Purchaser”), and EAGAN LODGING INVESTORS II, LLC, a Wisconsin limited liability company (“Seller”).

HOTEL PURCHASE AND SALE AGREEMENT by and between IND EAST VILLAGE SD HOLDINGS, LLC, a Delaware limited liability company as Seller, and CHSP SAN DIEGO LLC a Delaware limited liability company as Buyer Contract Date: June 15, 2011
Hotel Purchase and Sale Agreement • August 11th, 2011 • Chesapeake Lodging Trust • Real estate investment trusts • Georgia

THIS HOTEL PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of June 15, 2011 (the “Effective Date”), by and between IND EAST VILLAGE SD HOLDINGS, LLC, a Delaware limited liability company (“Seller”), and CHSP SAN DIEGO LLC, a Delaware limited liability company (“Buyer”).

FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • November 30th, 2005 • DiamondRock Hospitality Co • Real estate investment trusts

THIS FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT (this “Amendment”), dated effective as of the 23rd day of November 2005, is made by and between TEACHERS’ RETIREMENT SYSTEM OF THE STATE OF ILLINOIS, a retirement system created pursuant to the laws of the State of Illinois (“Seller”), and DIAMONDROCK ORLANDO AIRPORT OWNER, LLC, a Delaware limited liability company, and its permitted assigns (“Purchaser”).

SECOND AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • January 16th, 2019 • Starwood Real Estate Income Trust, Inc. • Real estate investment trusts • Georgia

THIS SECOND AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT (this “Amendment”) is entered into effective as of November 19, 2018 (the “Effective Date”), between NF II/CI TAMPA AIRPORT, LLC, NF II/CI FORT MYERS GULF CENTER, LLC, NF II/CI LITTLE ROCK, LLC, NF II BEACHWOOD PARK EAST, LLC, HP BOULDER, L.L.C., NF II/CI TAMPA AVION, LLC, NF II/CI KNOXVILLE, LLC, and NF II/CI FORT MYERS AIRPORT, LLC, each a Delaware limited liability company (collectively, “Sellers”), and SREIT HOTEL HOLDINGS, L.L.C., a Delaware limited liability company (“Buyer”).

FOURTH AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • January 16th, 2019 • Starwood Real Estate Income Trust, Inc. • Real estate investment trusts • Georgia

This Fourth Amendment to Hotel Purchase and Sale Agreement (this “Amendment”) is entered into effective as of January 14, 2019 (the “Effective Date”), between NF II/CI TAMPA AIRPORT, LLC, NF II/CI FORT MYERS GULF CENTER, LLC, NF II/CI LITTLE ROCK, LLC, NF II BEACHWOOD PARK EAST, LLC, HP BOULDER, L.L.C., NF II/CI TAMPA AVION, LLC, NF II/CI KNOXVILLE, LLC, and NF II/CI FORT MYERS AIRPORT, LLC, each a Delaware limited liability company (collectively, “Sellers”) and SREIT HOTEL HOLDINGS, L.L.C., a Delaware limited liability company (“Buyer”).

HOTEL PURCHASE AND SALE AGREEMENT by and between THE ENTITIES LISTED ON SCHEDULE I ATTACHED HERETO, each a Seller, and collectively, as Sellers and SCG GLOBAL HOLDINGS, L.L.C., a Delaware limited liability company, as Buyer Effective Date: July 31, 2018
Hotel Purchase and Sale Agreement • January 16th, 2019 • Starwood Real Estate Income Trust, Inc. • Real estate investment trusts • Georgia

THIS HOTEL PURCHASE AND SALE AGREEMENT (this “Agreement”) is made to be effective as of July 31, 2018 (the “Effective Date”), by and between THE ENTITIES LISTED ON SCHEDULE I ATTACHED HERETO (each individually and collectively, as the context so requires, a “Seller” and collectively, “Sellers”) and SCG GLOBAL HOLDINGS, L.L.C., a Delaware limited liability company (“Buyer”).

HOTEL PURCHASE AND SALE AGREEMENT by and between AHT RESIDENCE INN II LIMITED PARTNERSHIP as Seller, and MRC I FUNDING CORPORATION as Purchaser
Hotel Purchase and Sale Agreement • November 3rd, 2006 • Apple Hospitality Two Inc • Real estate investment trusts • Nevada

THIS HOTEL PURCHASE AND SALE AGREEMENT (this “Agreement”) is made effective as of September 27, 2006 (the “Effective Date”), by and between AHT RESIDENCE INN II Limited Partnership, a Virginia limited partnership (“Seller”), and MRC I Funding Corporation, a Delaware Corporation (“Purchaser”).

FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • March 5th, 2018 • Sotherly Hotels Lp • Hotels & motels

This First Amendment to Hotel Purchase and Sale Agreement (this “First Amendment”) is effective as of January 11, 2018, by and between RP/HH ROSSLYN HOTEL OWNER, LP, a Delaware limited partnership (“Seller”), and SOTHERLY HOTELS LP, a Delaware limited partnership (“Purchaser”). Seller and Purchaser are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.

HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • April 1st, 2014 • Sotherly Hotels Lp • Hotels & motels • Georgia

THIS HOTEL PURCHASE AND SALE AGREEMENT (this “Agreement”) is made as of January 13, 2014 (the “Effective Date”), by and between CSC GEORGIAN TERRACE LIMITED PARTNERSHIP, a Delaware limited partnership, having an address at c/o Fremont Realty Capital, L.P., 199 Fremont Street, San Francisco, CA 94105 (“Seller”), and SOTHERLY HOTELS INC., a Maryland corporation, having an address at 410 West Francis Street, Williamsburg, VA 23185 (“Buyer”).

THIRD AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • January 16th, 2019 • Starwood Real Estate Income Trust, Inc. • Real estate investment trusts • Georgia

This Third Amendment to Hotel Purchase and Sale Agreement (this “Amendment”) is entered into effective as of January 10, 2019 (the “Effective Date”), between NF II/CI TAMPA AIRPORT, LLC, NF II/CI FORT MYERS GULF CENTER, LLC, NF II/CI LITTLE ROCK, LLC, NF II BEACHWOOD PARK EAST, LLC, HP BOULDER, L.L.C., NF II/CI TAMPA AVION, LLC, NF II/CI KNOXVILLE, LLC, and NF II/CI FORT MYERS AIRPORT, LLC, each a Delaware limited liability company (collectively, “Sellers”) and SREIT HOTEL HOLDINGS, L.L.C., a Delaware limited liability company (“Buyer”).

HOTEL PURCHASE AND SALE AGREEMENT dated as of December 13, 2017 by and between RP/HH ROSSLYN HOTEL OWNER, LP as Seller, and SOTHERLY HOTELS LP as Purchaser
Hotel Purchase and Sale Agreement • March 5th, 2018 • Sotherly Hotels Lp • Hotels & motels • Virginia

THIS HOTEL PURCHASE AND SALE AGREEMENT (this “Agreement”) is dated as of the 13th day of December, 2017 (the “Effective Date”), by and between RP/HH Rosslyn Hotel Owner, LP, a Delaware limited partnership (“Seller”), and Sotherly Hotels LP, a Delaware limited partnership and its permitted assigns (“Purchaser”). Seller and Purchaser are sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

SECOND AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • August 8th, 2019 • Lodging Fund REIT III, Inc.

THIS SECOND AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT (this “Amendment”) is made and entered into as of June 3, 2019 (the “Effective Date”), by and between LODGING FUND REIT III OP, LP, a Delaware limited partnership (“Purchaser”), and EAGAN LODGING INVESTORS II, LLC, a Wisconsin limited liability company (“Seller”).

FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT
Hotel Purchase and Sale Agreement • November 2nd, 2021 • Condor Hospitality Trust, Inc. • Real estate investment trusts

THIS FIRST AMENDMENT TO HOTEL PURCHASE AND SALE AGREEMENT (this “Amendment”) is effective as of October 1, 2021 (the “Effective Date”), by and between CONDOR HOSPITALITY TRUST, INC., a Maryland corporation (“Seller”), and B9 COWBOY MEZZ A LLC, a Delaware limited liability company (collectively, “Buyer”).

HOTEL PURCHASE AND SALE AGREEMENT by and between
Hotel Purchase and Sale Agreement • September 23rd, 2021 • Condor Hospitality Trust, Inc. • Real estate investment trusts • Maryland

THIS HOTEL PURCHASE AND SALE AGREEMENT (this “Agreement”) is made to be effective as of September 22, 2021 (the “Effective Date”), by and between CONDOR HOSPITALITY TRUST, INC., a Maryland corporation (“Seller”), and B9 COWBOY MEZZ A LLC, a Delaware limited liability company (“Buyer”).

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