Notice of Renewal of Administrative Services Agreement between Bluerock Entities and Bluerock Residential Growth REIT, Inc.
This letter notifies Bluerock Real Estate, L.L.C. and Bluerock Real Estate Holdings, LLC that Bluerock Residential Growth REIT, Inc. and its affiliates are renewing their Administrative Services Agreement for one more year, extending its expiration to October 31, 2020. The renewal is made according to the terms set out in the original agreement dated October 31, 2017. The parties involved are the Bluerock Entities and the Company, which includes the REIT and its related entities.
Exhibit 10.9
August 2, 2019
Via Electronic Mail and First Class Mail
Bluerock Real Estate, L.L.C.
1345 Avenue of the Americas, 32nd Floor
New York, New York 10105
Attention: Michael Konig
Email: ***@***
Bluerock Real Estate Holdings, LLC
1345 Avenue of the Americas, 32nd Floor
New York, New York 10105
Attention: Michael Konig
Email: ***@***
| Re: | Notice of Renewal of Administrative Services Agreement dated October 31, 2017 (the “Agreement”), by and between Bluerock Real Estate, L.L.C. (“BRRE”) and Bluerock Real Estate Holdings, LLC (“BREH,” and together with BRRE, the “Bluerock Entities”), and Bluerock Residential Growth REIT, Inc. (the “REIT”), Bluerock Residential Holdings, L.P. (the “OP”), Bluerock TRS Holdings, LLC (the “TRS”), and Bluerock REIT Operator, LLC (“REIT Operator,” and together with the REIT, the OP and the TRS, the “Company”). |
Gentlemen:
The Company hereby notifies the Bluerock Entities that pursuant to Section 9.1 of the Agreement, the Company elects to renew the Agreement for an additional one-year term, to expire on October 31, 2020.
Please let me know if you have any questions.
| Sincerely, | |
| /s/ Jordan B. Ruddy | |
| Jordan B. Ruddy | |
| Chief Operating Officer and President | |
| Bluerock Residential Growth REIT, Inc. |
Cc: R. Ramin Kamfar (via email)
