Assignment of Membership Interest by BEMT Berry Hill, LLC to Bluerock Growth Fund, LLC
BEMT Berry Hill, LLC, a Delaware limited liability company, is transferring its 12.447% membership interest in BR Berry Hill Managing Member, LLC to Bluerock Growth Fund, LLC, another Delaware limited liability company. This assignment includes all rights, claims, capital account balances, and distributions related to the membership interest. The agreement is effective as of August 9, 2013, and is executed by authorized representatives of the assignor.
Exhibit 10.5
BR BERRY HILL MANAGING MEMBER, LLC
ASSIGNMENT OF
MEMBERSHIP INTEREST
Effective as of the 9th day of August, 2013, for value received, BEMT BERRY HILL, LLC, a Delaware limited liability company (“REIT”), a member of BR BERRY HILL MANAGING MEMBER, LLC, a Delaware limited liability company (the “Company”), hereby sells, assigns and transfers unto BLUEROCK GROWTH FUND, LLC, a Delaware limited liability company, all of the REIT’s right, title, and interest in and to a 12.447% limited liability company interest in the Company, together with any and all claims, title, interests, entitlements, capital account balances, distributions, and other rights related to such membership interest.
IN WITNESS WHEREOF, the REIT has duly authorized and executed this assignment effective as of the date first written above.
[Signature Page Follows]
Exhibit 10.5
| ASSIGNOR: | ||
| BEMT BERRY HILL, LLC, | ||
| a Delaware limited liability company |
| By: | Bluerock Enhanced Multifamily Holdings, LP, | ||
| a Delaware limited partnership, | |||
| its Manager |
| By: | Bluerock Multifamily Growth REIT, Inc., | ||
| a Maryland corporation, | |||
| its general partner |
| By: | /s/ Jordan Ruddy | ||
| Jordan Ruddy | |||
| Authorized Signatory |
[Signature Page to BR Berry Hill Managing Member, LLC Assignment of Membership Interest]
