Entry into a Material Definitive Agreement
EX-10.3 4 l42304exv10w3.htm EX-10.3 exv10w3
Exhibit 10.3
FIRST AMENDMENT TO PLEDGE AGREEMENT
THIS FIRST AMENDMENT TO PLEDGE AGREEMENT (this “Amendment”), dated as of March 30, 2011, by and among FOREST CITY RENTAL PROPERTIES CORPORATION, an Ohio corporation (“Pledgor”) and KEYBANK NATIONAL ASSOCIATION (“KeyBank”), as Agent for itself and the other Banks (the “Banks”) from time to time a party to the Credit Agreement (as hereinafter defined) (KeyBank, in its capacity as Agent, is hereinafter referred to as “Agent”).
W I T N E S S E T H:
WHEREAS, Pledgor, KeyBank, as Administrative Agent, PNC Bank, National Association, as Syndication Agent, Bank of America, N.A., as Documentation Agent, and the Banks entered into that certain Second Amended and Restated Credit Agreement, dated January 29, 2010 (the “Original Credit Agreement”);
WHEREAS, pursuant to the Original Credit Agreement, Pledgor executed that certain Pledge Agreement, dated January 29, 2010 (as the same may be varied, extended, supplemented, consolidated, amended, replaced, renewed, modified or restated, the “Pledge Agreement”), to secure the obligations of Pledgor under the Original Credit Agreement and certain other agreements;
WHEREAS, Pledgor KeyBank, as Administrative Agent, PNC Bank, National Association, as Syndication Agent, Bank of America, N.A., as Documentation Agent, and the Banks are, simultaneously herewith, entering into that certain Third Amended and Restated Credit Agreement (the “Credit Agreement”);
WHEREAS, as a condition to KeyBank’s, as Administrative Agent, PNC Bank, National Association’s, as Syndication Agent, Bank of America, N.A.’s, as Documentation Agent, and the Banks’ execution and delivery of the Credit Agreement, Pledgor has agreed to enter into this Amendment;
NOW, THEREFORE, in consideration of the mutual covenants, promises, and agreements set forth hereinbelow, and for other good and valuable consideration, the receipt, adequacy, and sufficiency of which are hereby acknowledged, the parties do hereby covenant and agree as follows:
1. Definitions. Capitalized terms used in this Amendment, but which are not otherwise expressly defined in this Amendment, shall have the respective meanings given thereto in the Credit Agreement.
2. Modification of the Pledge Agreement. Pledgor and Agent do hereby modify and amend the Pledge Agreement as follows:
(a) By deleting the reference to “$500,000,000” in the fourth “WHEREAS” clause thereof and inserting in lieu thereof a reference to $450,000,000”.
(b) By deleting Exhibit “A” and Exhibit “B” attached thereto in their entirety and inserting in lieu thereof Exhibit “A” and Exhibit “B” attached to this Amendment.
3. References to Pledge Agreement. All references in the Loan Documents to the Pledge Agreement shall be deemed a reference to the Pledge Agreement, as modified and amended herein.
4. Representations. Pledgor represents and warrants to Agent and the Banks as follows:
(a) The execution, delivery and performance of this Amendment and the transactions contemplated hereby (i) are within the authority of Pledgor, (ii) have been duly authorized by all necessary proceedings on the part of Pledgor, (iii) do not and will not conflict with or result in any breach or contravention of any provision of law, statute, rule or regulation to which Pledgor or Parent is subject or any judgment, order, writ, injunction, license or permit applicable to Pledgor or Parent, (iv) do not and will not conflict with or constitute a default (whether with the passage of time or the giving of notice, or both) under any provision of the articles of incorporation, bylaws, operating agreement, partnership agreement, declaration of trust or other charter documents of, or any agreement or other instrument binding upon, Pledgor, Parent, or any of their respective properties, (v) do not and will not result in or require the imposition of any lien or other encumbrance on any of the properties, assets or rights of Pledgor or Parent other than the liens and encumbrances in favor of Agent contemplated by this Amendment and the other Loan Documents, and (vi) do not require the approval or consent of any Person other than those already obtained and delivered to Agent.
(b) The execution and delivery of this Amendment create valid and legally binding obligations of Pledgor enforceable in accordance with the respective terms and provisions hereof, except as enforceability is limited by bankruptcy, insolvency, reorganization, moratorium or other laws relating to or affecting generally the enforcement of creditors’ rights and general principles of equity.
(c) The execution, delivery and performance of this Amendment and the transactions contemplated hereby do not require the approval or consent of, or filing with, any governmental agency or authority other than those already obtained.
(d) The representations and warranties made by Pledgor under the Pledge Agreement, as amended and modified by this Amendment, or otherwise made by or on behalf of Pledgor in connection therewith were true and correct in all material respects when made and are true and correct in all material respects as of the date hereof.
5. No Default. By execution hereof, Pledgor certifies that no Possible Default or Event of Default has occurred and is continuing.
6. Ratification. Except as hereinabove set forth, all terms, covenants and provisions of the Pledge Agreement remain unaltered and in full force and effect, and the parties hereto do hereby expressly ratify and confirm the Pledge Agreement as modified and amended herein and the other Loan Documents. Nothing in this Amendment shall be deemed or construed to constitute, and there has not otherwise occurred, a novation, cancellation, satisfaction, release,
extinguishment or substitution of the indebtedness evidenced by the Notes or the other obligations of Pledgor or Parent under the Loan Documents.
7. Acknowledgment of Pledgor. Pledgor hereby acknowledges, represents and agrees that the Loan Documents, as modified and amended herein, remain in full force and effect and constitute the valid and legally binding obligation of Pledgor enforceable against Pledgor in accordance with their respective terms, and that the execution and delivery of this Amendment does not constitute, and shall not be deemed to constitute, a release, waiver or satisfaction of Pledgor’s obligations under the Loan Documents.
8. Grant of Security Interest; No Impairment; Continuing Security Interest.
(a) As security for the payment and performance by Pledgor of each and all of the indebtedness, liabilities, duties, responsibilities and obligations whether such indebtedness, liabilities, duties, responsibilities and obligations are now existing or are hereafter created or arising under the Pledge Agreement or any other Loan Document, Pledgor does hereby transfer, assign, pledge, convey, and grant to Agent, for the benefit of itself and the Banks, and does hereby grant a security interest to Agent, for the benefit of itself and the Banks, in, all of Pledgor’s right, title and interest in and to all Collateral referenced on Exhibit “A” attached hereto.
(b) Except as otherwise expressly provided herein, nothing herein contained shall in any way (a) impair or affect the validity and priority of the lien of the Pledge Agreement as to the collateral originally encumbered prior to the date of this Amendment, (b) alter, waive, annul or affect any provision, condition or covenant in the Loan Documents, or (c) affect or impair any rights, powers or remedies under the Loan Documents.
(c) In furtherance of the foregoing, Pledgor hereby acknowledges, represents and agrees that the Pledge Agreement, as amended by this Amendment, creates a continuing security interest in the Collateral listed on Exhibit “A” attached hereto and made a part hereof) and shall (x) remain in full force and effect until the indefeasible payment in full of the Obligations (as defined in the Pledge Agreement) and the Banks have no further obligation to make any advances or issue Letters of Credit under the Credit Agreement, (y) be binding upon Pledgor and its permitted heirs, successors and assigns, and (z) inure, together with the rights and remedies of Agent hereunder and thereunder, to the benefit of Agent and the Banks and their respective successors, transferees and assigns.
(d) Nothing contained in this Amendment, including, without limitation, this Section 8, shall in any way operate to override or limit the Collateral Exclusion (as defined in the Pledge Agreement), and the grant of the security interest in the Collateral set forth herein is subject to the Collateral Exclusion as if the terms applicable thereto (including the limitations on the Collateral Exclusion contained in the proviso at the end of the last paragraph of Section 2 of the Pledge Agreement) were fully set forth herein.
9. Amendment as Related Writing. This Amendment shall constitute a Related Writing.
10. Counterparts. This Amendment may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument, and any of the parties hereto may execute this Amendment by signing any such counterpart.
11. Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF OHIO EXCEPT TO THE EXTENT OF PROCEDURAL AND SUBSTANTIVE MATTERS RELATING ONLY TO THE CREATION, PERFECTION (OTHER THAN PERFECTION OF A SECURITY INTEREST IN ANY CERTIFICATE EVIDENCING COLLATERAL (TO THE EXTENT REQUIRED TO BE DELIVERED TO AGENT HEREUNDER) BY CONTROL THEREOF, WHICH SHALL BE GOVERNED BY THE LAWS OF THE STATE WHERE SUCH CERTIFICATE IS LOCATED) AND FORECLOSURE OF SECURITY INTERESTS AND LIENS, AND ENFORCEMENT OF RIGHTS AND REMEDIES AGAINST THE COLLATERAL, WHICH MATTER SHALL BE GOVERNED BY THE INTERNAL LAWS OF THE STATE OF OHIO.
12. Miscellaneous. This Amendment shall be effective upon the execution hereof by Pledgor and Agent and shall be binding upon and shall inure to the benefit of the parties hereto and their respective permitted successors, successors-in-title and assigns as provided in the Credit Agreement. All captions in this Amendment are included herein for convenience of reference only and shall not constitute part of this Amendment for any other purpose.
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IN WITNESS WHEREOF, the parties hereto, acting by and through their respective duly authorized officers and/or other representatives, have duly executed this Amendment, under seal, as of the day and year first above written.
| PLEDGOR: | ||||||
| FOREST CITY RENTAL PROPERTIES CORPORATION, an Ohio corporation | ||||||
| By: | /s/ Charles A. Ratner | |||||
| Name: Charles A. Ratner | ||||||
| Title: President and Chief Executive Officer | ||||||
| [SEAL] | ||||||
| AGENT: KEYBANK NATIONAL ASSOCIATION, a national banking association, as Agent | ||||
| By: | /s/ Joshua K. Mayers | |||
| Name: | Joshua K. Mayers | |||
| Title: | Vice President | |||
PLEDGE AGREEMENT - EXHIBIT A
FCRPC Active Subs - January 31, 2011
| % Interest Directly | Date | Jurisdiction | ||||||||
| Subsidiary | Held by FCRPC | Acquired | Code | Entity Type | ||||||
Artus Inc. | 100 | 2/2/1981 | OH | Corporation | ||||||
Atlantic Center Fort Greene, Inc. | 100 | 9/30/1994 | NY | Corporation | ||||||
Atlantic Center Housing Associates, L.P. | 12 | 5/26/1994 | NY | Limited Partnership | ||||||
Ballston Common Associates, L.P. | 50 | 4/30/1994 | DE | Limited Partnership | ||||||
Ballston Development Corporation | 100 | 3/28/1984 | OH | Corporation | ||||||
Beachwood Venture Associates Limited Partnership | 99 | 8/18/2006 | MI | Limited Partnership | ||||||
Boulevard Towers LLC | 2 | 12/15/1998 | NY | Limited Liability Company | ||||||
Canton Centre Mall Limited Partnership | 89 | 12/20/2000 | OH | Limited Partnership | ||||||
Center Courtland, Inc. | 100 | 8/2/1988 | OH | Corporation | ||||||
Chagrin Office Building, L.L.C. | 66.66667 | 10/13/1998 | OH | Limited Liability Company | ||||||
Chapel Hill Apartments, Ltd. | 100 | 6/11/2007 | OH | Limited Liability Company | ||||||
F. C. Billboard, Inc. | 100 | 3/24/1995 | PA | Corporation | ||||||
F. C. Canton Centre, Inc. | 100 | 3/3/1994 | OH | Corporation | ||||||
F. C. Fairmont, L.L.C. | 85 | 2/1/2002 | OH | Limited Liability Company | ||||||
F. C. Laurels Limited Partnership | 99 | 9/26/1995 | IL | Limited Partnership | ||||||
F. C. Liberty, Inc. | 100 | 4/25/1995 | PA | Corporation | ||||||
F. C. Regency Club Limited Partnership | 99 | 3/24/1994 | NJ | Limited Partnership | ||||||
F. C. Rolling Acres, Inc. | 100 | 3/3/1994 | OH | Corporation | ||||||
F. C. Southridge Corp. | 100 | 9/11/1986 | OH | Corporation | ||||||
F.C. Fireland, Inc. | 100 | 9/3/1985 | OH | Corporation | ||||||
F.C. Member, Inc. | 100 | 1/17/1997 | NY | Corporation | ||||||
F.C. MIDTOWN, LLC | 2 | 10/1/2009 | OH | Limited Liability Company | ||||||
F.C. Short Pump Land Investment, Inc. | 100 | 6/27/1996 | VA | Corporation | ||||||
F.C. Stonecrest Land Investment, Inc. | 100 | 5/15/1997 | GA | Corporation | ||||||
F.C. Stonecrest Mall, Inc. | 100 | 5/15/1997 | GA | Corporation | ||||||
F.C. Temecula, Inc. | 100 | 7/21/1997 | CA | Corporation | ||||||
F.C. Webster, LLC | 100 | 7/18/2001 | OH | Limited Liability Company | ||||||
F.C. Westland, LLC | 100 | 7/18/2001 | OH | Limited Liability Company | ||||||
F.C. WHITEACRES LLC | 2 | 7/13/2005 | OH | Limited Liability Company | ||||||
FC 45/75 Sidney, Inc. | 100 | 6/20/1997 | MA | Corporation | ||||||
FC 8 South, Inc. | 100 | 6/12/2001 | NY | Corporation | ||||||
FC 816-818 Mission Street, LLC | 100 | 7/28/2008 | DE | Limited Liability Company | ||||||
FC Bellevue Associates Limited Partnership | 99 | 2/24/1997 | WA | Limited Partnership | ||||||
FC Emerald Park, Inc. | 100 | 7/9/1997 | OH | Corporation | ||||||
FC LH, Inc. | 100 | 2/6/1996 | OH | Corporation | ||||||
FC Manhattan, Inc. | 100 | 11/15/2001 | KS | Corporation | ||||||
FCRPC Active Subs - January 31, 2011
| % Interest Directly | Date | Jurisdiction | ||||||||
| Subsidiary | Held by FCRPC | Acquired | Code | Entity Type | ||||||
FC Master Associates III, Inc. | 100 | 7/25/2006 | NY | Corporation | ||||||
FC Northern Boulevard, Inc. | 100 | 4/29/1996 | NY | Corporation | ||||||
FC Ohio HTC Investor, LLC | 100 | 12/2/2010 | DE | Limited Liability Company | ||||||
FC Pacific, Inc. | 100 | 12/26/1995 | NY | Corporation | ||||||
FC Pittsburgh, Inc. (fka Harrah’s Pittsburgh Investment Company, Inc.) | 100 | 11/13/1997 | NV | Corporation | ||||||
FC University Park II, Inc. | 100 | 10/17/1996 | MA | Corporation | ||||||
FC Ziegler Place LLC | 99 | 4/1/2004 | MI | Limited Liability Company | ||||||
First Forest City Brookline Street, Inc. | 100 | 12/31/1991 | MA | Corporation | ||||||
First New York Management Company, Inc. | 100 | 10/20/1987 | NY | Corporation | ||||||
Forest Bay, Inc. | 100 | 6/7/1978 | OH | Corporation | ||||||
Forest City 42nd Street, Inc. | 100 | 9/8/1995 | NY | Corporation | ||||||
Forest City 64 Sidney Street, Inc. | 100 | 12/1/1988 | OH | Corporation | ||||||
Forest City Antelope Valley, Inc. | 100 | 12/11/1987 | OH | Corporation | ||||||
Forest City Atlantic Housing, Inc. | 100 | 4/15/1993 | NY | Corporation | ||||||
Forest City B.U.G. Building, Inc. | 100 | 11/24/1986 | NY | Corporation | ||||||
Forest City Bluffside Corporation | 100 | 3/8/1985 | OH | Corporation | ||||||
Forest City Bruckner, Inc. | 100 | 6/20/1995 | NY | Corporation | ||||||
Forest City California Commercial Construction, Inc. | 100 | 2/18/1988 | CA | Corporation | ||||||
Forest City Cambridge, Inc. | 100 | 3/5/1984 | OH | Corporation | ||||||
Forest City Central Station, Inc. | 100 | 6/12/1989 | OH | Corporation | ||||||
Forest City Commercial Construction Co., Inc. | 100 | 2/23/1987 | OH | Corporation | ||||||
Forest City Commercial Group, Inc. | 100 | 10/30/1997 | OH | Corporation | ||||||
Forest City Commercial Holdings, Inc. | 100 | 3/24/1995 | NY | Corporation | ||||||
Forest City Commercial Management, Inc. | 100 | 2/1/1985 | OH | Corporation | ||||||
Forest City Development California, Inc. | 100 | 6/4/1986 | CA | Corporation | ||||||
Forest City East Coast, Inc. | 100 | 5/8/1989 | NY | Corporation | ||||||
Forest City Ely, Inc. | 100 | 3/11/1996 | NY | Corporation | ||||||
Forest City Felix, Inc. | 100 | 12/17/1996 | NY | Corporation | ||||||
Forest City Finance Corporation | 100 | 6/2/1988 | OH | Corporation | ||||||
Forest City Flatbush, Inc. | 100 | 3/25/1996 | NY | Corporation | ||||||
Forest City Fulton Street Building, Inc. | 100 | 3/14/1989 | NY | Corporation | ||||||
Forest City Galaxy, Inc. | 100 | 3/7/1994 | NV | Corporation | ||||||
Forest City Grand Avenue, Inc. | 100 | 6/26/1996 | NY | Corporation | ||||||
Forest City Grant Liberty Associates | 99 | 12/15/1983 | PA | Limited Partnership | ||||||
Forest City Hunting Park, Inc. | 100 | 3/14/1995 | PA | Corporation | ||||||
Forest City International Plaza Corp. | 100 | 9/2/1981 | OH | Corporation | ||||||
FCRPC Active Subs - January 31, 2011
| % Interest Directly | Date | Jurisdiction | ||||||||
| Subsidiary | Held by FCRPC | Acquired | Code | Entity Type | ||||||
Forest City Mercy Campus, Inc. | 100 | 6/21/2005 | OH | Corporation | ||||||
Forest City Metrotech Corp. | 100 | 9/30/1985 | OH | Corporation | ||||||
Forest City N. Y., Inc. | 100 | 3/9/1989 | NY | Corporation | ||||||
Forest City N.Y. Group, Inc. | 100 | 7/22/1998 | NY | Corporation | ||||||
Forest City Park Manor, Inc. | 100 | 11/18/1987 | OH | Corporation | ||||||
Forest City Peripheral Land, Inc. | 100 | 8/24/1989 | DE | Corporation | ||||||
Forest City Pierrepont, Inc. | 100 | 6/25/1985 | NY | Corporation | ||||||
Forest City Pittsburgh Land, Inc. | 100 | 8/24/1989 | DE | Corporation | ||||||
Forest City Residential Group, Inc. | 100 | 3/5/1997 | OH | Corporation | ||||||
Forest City Richmond, Inc. | 100 | 5/7/1996 | NY | Corporation | ||||||
Forest City Robinson Mall, Inc. | 100 | 8/24/1989 | DE | Corporation | ||||||
Forest City S.I.A.C. Building, Inc. | 100 | 11/24/1986 | NY | Corporation | ||||||
Forest City San Vicente Corp. | 100 | 6/5/1979 | OH | Corporation | ||||||
Forest City Sound View Associates | 99 | 1/16/1979 | CT | Limited Partnership | ||||||
Forest City Station Square, Inc. | 100 | 5/19/1994 | PA | Corporation | ||||||
Forest City Sustainable Resources, LLC | 100 | 11/10/2009 | OH | Limited Liability Company | ||||||
Forest City Tech Place, Inc. | 100 | 3/1/1993 | NY | Corporation | ||||||
Forest City Tilden, Inc. | 100 | 7/7/1993 | NY | Corporation | ||||||
Forest City University Park Food Services, Inc. | 100 | 6/2/1992 | OH | Corporation | ||||||
Forest City Waring, Inc. | 100 | 3/7/1996 | NY | Corporation | ||||||
Forest City Washington, Inc. | 100 | 6/13/2002 | DC | Corporation | ||||||
Franklin Town Towers Associates | 99 | 5/21/1997 | PA | Limited Partnership | ||||||
HAI/FCD Partnership | 99 | 1/1/1978 | CA | General Partnership | ||||||
Halle Garage Investments, LLC | 100 | 7/31/2009 | OH | Limited Liability Company | ||||||
Halle Investments, LLC | 100 | 7/20/2009 | OH | Limited Liability Company | ||||||
In Town Hotels, Inc. | 100 | 1/31/1980 | OH | Corporation | ||||||
In Town Parking, Inc. | 100 | 4/13/1982 | OH | Corporation | ||||||
In Town Shopping Center, Inc. | 100 | 6/2/1981 | OH | Corporation | ||||||
Independence Place Associates, L.L.C. | 50 | 5/12/1999 | OH | Limited Liability Company | ||||||
Manhattan Mall Company | 98 | 11/1/2001 | KS | General Partnership | ||||||
Oracle-Wetmore Co. Limited Partnership | 1.35 | 1/1/1978 | AZ | Limited Partnership | ||||||
Playhouse Square Investment, Inc. | 100 | 12/17/1980 | OH | Corporation | ||||||
Post Office Building Co. | 78 | 9/12/1983 | OH | Corporation | ||||||
RM Member, LLC | 80 | 12/13/2004 | CA | Limited Liability Company | ||||||
Rolling Acres Properties Co. Limited Partnership | 27.57 | 6/14/2007 | OH | Limited Partnership | ||||||
T.C. Avenue, Inc. F/K/A F.C. Parklabrea Towers, Inc. | 100 | 7/16/1986 | OH | Corporation | ||||||
FCRPC Active Subs - January 31, 2011
| % Interest Directly | Date | Jurisdiction | ||||||||
| Subsidiary | Held by FCRPC | Acquired | Code | Entity Type | ||||||
Terminal Investments, Inc. | 100 | 10/19/1982 | OH | Corporation | ||||||
Tower City Expansion, Inc. | 100 | 10/25/1991 | OH | Corporation | ||||||
Tower City Hotel Associates Limited Partnership | 95 | 9/22/2005 | DE | Limited Partnership | ||||||
Tower City Land Corporation | 100 | 12/4/1985 | OH | Corporation | ||||||
Tower City Properties Ltd. | 50 | 3/24/1980 | OH | Limited Partnership | ||||||
Tower City Riverview Company | 100 | 10/6/1989 | OH | Corporation | ||||||
Tower City Skylight Tower, Inc. | 100 | 3/17/1989 | OH | Corporation | ||||||
Tower Energy, Inc. | 100 | 4/28/1989 | OH | Corporation | ||||||
Tower Hotels, Inc. | 100 | 7/29/1983 | OH | Corporation | ||||||
Tusar, Inc. | 100 | 2/22/1978 | OH | Corporation | ||||||
WBA Woodlake, L.L.C. | 99 | 7/27/1998 | MI | Limited Liability Company | ||||||
PLEDGE AGREEMENT - EXHIBIT B
Property List - 1/31/11 **
| COMMERCIAL GROUP | ||||||||||||||
| OFFICE BUILDINGS | ||||||||||||||
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Consolidated Office Buildings | ||||||||||||||
2 Hanson Place | FC Hanson Office Associates, LLC | F.C. Member, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
250 Huron | Tower City Hotel Associates Limited Partnership | Tower Hotel, Inc. and Forest City Rental Properties Corporation | Cleveland, OH | OH | ||||||||||
3055 Roslyn (formerly Stapleton Medical Office) | FC Stapleton III, LLC | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
4930 Oakton | FC 4930 Oakton LLC | Forest City Commercial Group, Inc. | Skokie, IL | IL | ||||||||||
Ballston Common Office Center | Ballston Office Center, LLC | Chapel Hill Apartments, Ltd. | Arlington, VA | VA | ||||||||||
Colorado Studios | FC Stapleton III, LLC | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
Commerce Court | Commerce Court, LLC | Forest City N.Y. Group, Inc. | Pittsburg, PA | PA | ||||||||||
Edgeworth Building | FC Edgeworth Lessor, LLC | Forest City Commercial Group, Inc. | Richmond, VA | VA | ||||||||||
Eleven MetroTech Center | Forest City Tech Place Associates II, LLC | Forest City Tech Place, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Fairmont Plaza | FC Fairmont SPE, LLC | F.C. Fairmount, LLC | San Jose, CA | CA | ||||||||||
Fifteen MetroTech Center | Forest City Myrtle Associates, LLC | F.C. Member Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Halle Building | a) Halle Office Building Limited Partnership, (b) S & R Playhouse Realty Company | (a) FC LH (b) Halle Investments LLC and Playhouse Square Investment, Inc. | Cleveland, OH | OH | ||||||||||
Harlem Center | Harlem Center Office, LLC | Forest City Master Associates III, LLC* and Forest City Commercial Holdings, Inc. | Manhattan, NY | NY | ||||||||||
Higbee Building | Forest Bay Tower City, LLC | Forest Bay, Inc. | Cleveland, OH | OH | ||||||||||
Illinois Science and Technology Park | ||||||||||||||
- Building A | FC 4901 Searle, LLC | Forest City Commercial Group, Inc. | Skokie, IL | IL | ||||||||||
- Building J | FC Skokie SPE, LLC | Forest City Commercial Group, Inc. | Skokie, IL | IL | ||||||||||
- Building P | FC Skokie SPE, LLC | Forest City Commercial Group, Inc. | Skokie, IL | IL | ||||||||||
- Building Q | FC Skokie SPE, LLC | Forest City Commercial Group, Inc. | Skokie, IL | IL | ||||||||||
Johns Hopkins - 855 North Wolfe Street | 855 N. WOLFE STREET, LLC | Forest City Commercial Group, Inc. | East Baltimore, MD | MD | ||||||||||
New York Times | FC Eighth Ave., LLC | Forest City N.Y. Group, Inc. and FC 8 South, Inc. | Manhattan, NY | NY | ||||||||||
Nine MetroTech Center North | FC Flatbush Associates II, LLC | Forest City Flatbush, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
One MetroTech Center | Forest City Jay Street Associates, L.P. | Forest City B.U.G. Building, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
One Pierrepont Plaza | Forest City Pierrepont Associates | Forest City Pierrepont, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Post Office Plaza | Post Office Plaza Limited Partnership | Forest City Commercial Group, Inc. | Cleveland, OH | OH | ||||||||||
Richmond Office Park | (a) FC Richmond I, LLC, (b) FC Richmond II, LLC, (c) Highland II, L.L.C., and (d) Hillcrest Investments, LLC | (a) Canton Centre Mall Limited Partnership, (b) F.C. Fireland, Inc., (c) F.C. Fireland, Inc. and (d) Canton Centre Mall Limited Partnership | Richmond, VA | VA | ||||||||||
Skylight Office Tower | Skylight Office Tower SPE, LLC | Forest City Skylight Tower, Inc. | Cleveland, OH | OH | ||||||||||
1
PLEDGE AGREEMENT - EXHIBIT B
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Ten MetroTech Center | 625 Fulton Associates, LLC | Forest City Fulton Street Building, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Terminal Tower | Terminal Tower SPE, LLC | Terminal Investments, Inc. | Cleveland, OH | OH | ||||||||||
Twelve MetroTech Center | 330 Jay Office Associates, LLC | Forest City Commercial Holdings, Inc. | Brooklyn, NY | NY | ||||||||||
Two MetroTech Center | Forest City Bridge Street Associates, L.P. | Forest City S.I.A.C. Building, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
University of Pennsylvania | PB 31st Street, LLC | Forest City Equity Services, Inc. | Philadelphia, PA | PA | ||||||||||
Waterfront Station - East 4th and West 4th Bldgs | Waterfront Associates, LLC | Forest City Commercial Group, Inc. | Washington, D.C. | DC | ||||||||||
Unconsolidated Office Buildings | ||||||||||||||
35 Landsdowne Street | UP 35 Landsdowne, LLC | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
350 Massachusetts Ave | University Park Phase II Limited Partnership | FC University Park II, Inc. | Cambridge, MA | MA | ||||||||||
40 Landsdowne Street | Forest City 40 Landsdowne, LLC | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
45/75 Sidney Street | UP 45/75 Sidney, LLC | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
65/80 Landsdowne Street | UP 65/80 Landsowne, LLC | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
818 Mission Street | (a) FC 816-818 Mission Street LLC (b) Westfield 816-818 Mission Street, LLC | (a) Forest City Rental Properties Corporation | San Francisco, CA | CA | ||||||||||
88 Sidney Street | Forest City 88 Sidney Street, LLC | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
Bulletin Building | Bulletin Building Owner, LLC | Forest City Commercial Group, Inc. | San Francisco, CA | CA | ||||||||||
Chagrin Plaza I and II | Chagrin Office Building, LLC | Forest City Rental Properties Corporation | Beachwood, OH | OH | ||||||||||
Clark Building | Thirty-Eight Sidney Street Limited Partnership | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
Enterprise Place | Enterprise Operating Co., LLC | Forest City Commercial Group, Inc. | Beachwood, OH | OH | ||||||||||
Jackson Building | UP 26 Landsdowne, LLC | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
Liberty Center | Liberty Center Venture | Forest City Grant Liberty Associates and F.C. Liberty, Inc. | Pittsburgh, PA | PA | ||||||||||
Mesa del Sol - 5600 University SE (formerly Advent Solar) | MDelS, LLC | Forest City Commercial Group, Inc. | Albuquerque, NM | NM | ||||||||||
Mesa del Sol - Aperture Center (Town Center) | Mesa-Towncenter Building #1, LLC | Forest City Commercial Group, Inc. | Albuquerque, NM | NM | ||||||||||
Mesa del Sol - Fidelity | Mesa-Innovation Park Building 2, LLC | Forest City Commercial Group, Inc. | Albuquerque, NM | NM | ||||||||||
Richards Building | UP 64 Sidney Street, LLC | Forest City Commercial Group, Inc. | Cambridge, MA | MA | ||||||||||
Signature Square I | Signature Square SPE, LLC | Forest City Commercial Group, Inc. | Beachwood, OH | OH | ||||||||||
Signature Square II | Signature Square SPE, LLC | Forest City Commercial Group, Inc. | Beachwood, OH | OH | ||||||||||
2
PLEDGE AGREEMENT - EXHIBIT B
| COMMERCIAL GROUP | ||||||||||||||
| RETAIL CENTERS | ||||||||||||||
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Consolidated Regional Malls | ||||||||||||||
Antelope Valley Mall | Antelope Valley Mall, LLC | Forest City Antelope Valley, Inc. | Palmdale, CA | CA | ||||||||||
Ballston Common Mall | FC Ballston Common, LLC | Ballston Development Corporation | Arlington, VA | VA | ||||||||||
Galleria at Sunset | BPC Henderson, LLC | Forest City N.Y. Group, Inc. | Henderson, NV | NV | ||||||||||
Mall at Robinson | Robinson Mall - JCP Associates, LTD. | Forest City Robinson Mall, Inc. | Pittsburgh, PA | PA | ||||||||||
Mall at Stonecrest | Stonecrest Mall SPE, LLC | F.C. Stonecrest Mall, Inc. | Atlanta, GA | GA | ||||||||||
Northfield at Stapleton | Stapleton North Town, LLC | WBA Woodlake, L.L.C. and Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
Orchard Town Center | FC Orchard Town Center, Inc. | Forest City Commercial Group, Inc. | Westminster, CO | CO | ||||||||||
Promenade Bolingbrook | (a) FC Janes Park, LLC, (b) Forest City Bolingbrook, LLC. (c) FC Bolingbrook, Inc. | (a) FC Manhattan Inc. (b) Forest City Commercial Group, Inc. (c) Forest City Commercial Group, Inc. | Bolingbrook, IL | IL | ||||||||||
Promenade in Temecula | Temecula Towne Center Associates, L.P. | F.C. Temecula, Inc. | Temecula, CA | CA | ||||||||||
Ridge Hill | FC Yonkers Associates, LLC | F.C. Member, Inc. | Yonkers, NY | NY | ||||||||||
Shops at Wiregrass | Goodforest LLC | Forest City Commercial Group, Inc. | Tampa, FL | FL | ||||||||||
Short Pump Town Center | Short Pump Town Center, LLC | F.C. Short Pump Land Investment, Inc. | Richmond, VA | VA | ||||||||||
South Bay Galleria | South Bay Center SPE, LLC | Tusar, Inc. GP and Forest City Rental Properties Corporation LP | Redondo Beach, CA | CA | ||||||||||
Victoria Gardens | (a) Victoria Garden Mall, LLC (b) Rancho BP, LLC | (a) Chapel Hill Mall, Ltd (b) Forest City Commercial Group, Inc. | Rancho Cucamonga, CA | CA | ||||||||||
Consolidated Specialty Retail Centers | ||||||||||||||
42nd Street | FC 42nd Street Associates, L.P. | Forest City Commercial Holdings, Inc., Forest City 42nd Street, Inc. and Forest City Master Associates III, LLC* | Manhattan, NY | NY | ||||||||||
Atlantic Center | Atlantic Center Fort Greene Associates, L.P. | Atlantic Center Fort Greene, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Atlantic Center Site V | FC Pacific Associates, LLC | FC Pacific, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Atlantic Terminal | FC Hanson Associates, LLC | FC Member, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Avenue at Tower City Center | Tower City Avenue, LLC | T.C. Avenue, Inc., Tower City Land Corp. and Tower City Properties Ltd. | Cleveland, OH | OH | ||||||||||
Brooklyn Commons | FC Gowanus Associates, LLC | F.C. Member, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
Bruckner Boulevard | FC Bruckner Associates, L.P. | Forest City Bruckner, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Bronx, NY | NY | ||||||||||
Columbia Park Center | FC/Treeco Columbia Park, LLC | F.C. Member, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | North Bergen, NJ | NJ | ||||||||||
Court Street | FC Court Street Associates, LLC | F.C. Member, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Brooklyn, NY | NY | ||||||||||
East 29th Avenue Town Center | Town Center Rental, LLC | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
3
PLEDGE AGREEMENT - EXHIBIT B
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Eastchester | FC Castle Center Associates II, LLC | F.C. Member Inc., Forest City Commercial Holdings, Inc. and *Forest City Commercial Holdings, Inc. | Bronx, NY | NY | ||||||||||
Forest Avenue | FC Forest Avenue Associates, LLC | FC Member Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Staten Island, NY | NY | ||||||||||
Gun Hill Road | (a) FC Ely Associates, L.P. (b) FC Waring Associates, L.P. | (a) Forest City Ely Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* (b) Forest City Waring Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Bronx, NY | NY | ||||||||||
Harlem Center | Harlem Center, LLC | Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Manhattan, NY | NY | ||||||||||
Kaufman Studios | FC Steinway Street Associates II, LLC | F.C. Member Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Queens, NY | NY | ||||||||||
Market at Tobacco Row | Forest City Grocery, LLC | Forest City Residential Group, Inc. | Richmond, VA | VA | ||||||||||
Northern Boulevard | FC Northern Associates II, LLC | FC Northern Boulevard, Inc., Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Queens, NY | NY | ||||||||||
Quartermaster Plaza | (a) FC Quartermaster Associates L.P. (b) FC Quartermaster Associates II, L.P. (c) FC Quartermaster Associates III, L.P. | (a) Forest City Commercial Holdings, Inc. and *Forest City Commercial Holdings, Inc. (b) Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* (c) Forest City Commercial Holdings, Inc. and Forest City Master Associates III, LLC* | Philadelphia, PA | PA | ||||||||||
Quebec Square | Quebec Square SPE, LLC | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
Queens Place | FC Queens Place Associates, LLC | Forest City Bluffside Corporation, Forest City Residential Group, Inc. and Forest City Master Associates III, LLC* | Queens, NY | NY | ||||||||||
Richmond Avenue | FC Richmond Associates, L.P. | Forest City Richmond Inc., Forest City Commercial Holdings, and Forest City Master Associates III, LLC* | Staten Island, NY | NY | ||||||||||
Station Square | Forest City Station Square Associates, Freight House Operating Ltd. And Forest City Bessemer Court Associates | (a) FC Pittsburgh Inc. and Forest City Station Square, Inc. (b) Forest City Commercial Group, Inc. (c) FC Pittsburgh, Inc. and Forest City Station Square, Inc. | Pittsburgh, PA | PA | ||||||||||
White Oak Village | Lamburnum Investment, LLC | Forest City Commercial Group, Inc. | Richmond, VA | VA | ||||||||||
4
PLEDGE AGREEMENT - EXHIBIT B
| COMMERCIAL GROUP | ||||||||||||||
| RETAIL CENTERS | ||||||||||||||
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Unconsolidated Regional Malls | ||||||||||||||
Boulevard Mall | Boulevard Mall SPE, LLC | FCRPC/Niasher, Inc. and Forest City Rental Properties Corporation | Amherst, NY | NY | ||||||||||
Charleston Town Center | Charleston Town Center SPE, LLC | In Town Shopping Center, Inc. | Charleston, WV | WV | ||||||||||
San Francisco Centre | Emporium Mall LLC | Forest City Commercial Group, Inc. | San Francisco, CA | CA | ||||||||||
Unconsolidated Specialty Retail Centers | ||||||||||||||
East River Plaza | Tiago Holdings, LLC | F.C. Member, Inc. | Manhattan, NY | NY | ||||||||||
Golden Gate | Golden Gate Shopping Center LTD | Golden Gate Shopping Center, Ltd. | Mayfield Hts., OH | OH | ||||||||||
Marketplace at Riverpark | CCRP, a California limited partnership | Forest City Commercial Group, Inc. | Fresno, CA | CA | ||||||||||
Plaza at Robinson Town Center | Park Associates | Forest City Park Manor, Inc. | Pittsburgh, PA | PA | ||||||||||
Village at Gulfstream | The Village at Gulfstream Park, LLC | Forest City Commercial Group, Inc. | Hallendale, FL | FL | ||||||||||
| COMMERCIAL GROUP | ||||||||||||||
| HOTELS | ||||||||||||||
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Consolidated Hotels | ||||||||||||||
Charleston Marriott | Charleston Marriott SPE, LLC | In Town Hotels, Inc. | Charleston, WV | WV | ||||||||||
Ritz-Carlton, Cleveland | DCFC, LLC | Forest City Commercial Group, Inc. | Cleveland, OH | OH | ||||||||||
Sheraton Station Square | Forest City San Vincente Corp. | Forest City San Vincente Corp. | Pittsburgh, PA | PA | ||||||||||
Unconsolidated Hotels | ||||||||||||||
Westin Convention Center | Liberty Center Venture | F.C. Liberty Inc. | Pittsburgh, PA | PA | ||||||||||
5
PLEDGE AGREEMENT - EXHIBIT B
| RESIDENTIAL GROUP | ||||||||||||||
| APARTMENTS | ||||||||||||||
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Consolidated Apartments | ||||||||||||||
100 Landsdowne Street | FC 100 Landsdowne Street, LLC | Forest City Residential Group, Inc. | Cambridge, MA | MA | ||||||||||
1251 S. Michigan | FC Central Station Senior, LLC | Forest City Central Station, Inc. and Forest City Residential Group, Inc. | Chicago, IL | IL | ||||||||||
American Cigar Company | F.C. Philip Morris L.P. | Forest City Residential Group, Inc. | Richmond, VA | VA | ||||||||||
Ashton Mill | FC Ashton Mill Lessor, LLC | Forest City Residential Group, Inc. | Cumberland, RI | RI | ||||||||||
Botanica II | Botanica II, LLC | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
Brookview Place | Brookview Place Associates, Ltd. | Forest City Residential Group, Inc. | Dayton, OH | OH | ||||||||||
Cameron Kinney | FC Cameron Kinney, LLC | Forest City Residential Group, Inc. | Richmond, VA | VA | ||||||||||
Cedar Place | Cedarplace Associates Limited Dividend Housing Associates Limited Partnership | Forest City Residential Group, Inc. | Lansing, MI | MI | ||||||||||
Consolidated-Carolina | F.C. Consolidated Lessor, L.L.C. | Forest City Residential Group, Inc. | Richmond, VA | VA | ||||||||||
Cutter’s Ridge at Tobacco Row | Tobacco Row TownHouses, LLC, F/K/A Tobacco Row Land II, LLC | Forest City Residential Group, Inc. | Richmond, VA | VA | ||||||||||
DKLB BKLN (formerly 80 DeKalb) | FC 80 DeKalb Associates, LLC | Forest City Fulton Street Building, Inc. and Forest City Master Associates III, LLC* | Brooklyn. NY | NY | ||||||||||
Drake | F.C. Drake Associates, L.P. | Forest City Residential Group, Inc. | Philadelphia, PA | PA | ||||||||||
Easthaven at the Village | Village Green of Beachwood Limited Partnership | Forest City Residential Group, Inc. | Beachwood, OH | OH | ||||||||||
Emerald Palms | Emerald Palms Phase II, LLLP | Forest City Residential Group, Inc. | Miami, FL | FL | ||||||||||
Foundry Lofts | SEFC 160, LLC | Forest City Residential Group, Inc. | Washington , D.C. | DC | ||||||||||
Grand Lowry Lofts | National Grand Lowry Lofts Associates, LP | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
Hamel Mill Lofts | FC HH F/K/A FC Haverhill, LLC | Forest City Residential Group, Inc. | Haverhill, MA | MA | ||||||||||
Heritage | FC Cortez Hill Associates, L.P. | Forest City Residential Group, Inc. | San Diego, CA | CA | ||||||||||
Independence Place I | Independence Place Associates, L.L.C. | Forest City Rental Properties Corporation | Parma Hts., OH | OH | ||||||||||
Independence Place II | Parmatown Woods, LTD | Forest City Residential Group, Inc. | Parma Hts., OH | OH | ||||||||||
Kennedy Biscuit Lofts | Kennedy Lofts Associates Limited Partnership | Forest City Residential Group, Inc. | Cambridge, MA | MA | ||||||||||
Knolls | F.C. Orange Associates, L.P. | Forest City Residential Group, Inc. | Orange, CA | CA | ||||||||||
Loft 23 | FC 23 Sidney Street LLC | Forest City Residential Group, Inc. | Cambridge, MA | MA | ||||||||||
Lofts at 1835 Arch | FC Bell Associates, L.P. | Forest City Residential Group, Inc. | Philadelphia, PA | PA | ||||||||||
Lucky Strike | FC Lucky Strike Lessor, LLC | Forest City Residential Group, Inc. | Richmond, VA | VA | ||||||||||
Mercantile Place on Main (formerly Dallas Mercantile) | FC Merc Complex, L.P. | Forest City Residential Group, Inc. | Dallas, TX | TX | ||||||||||
Metro 417 | FC Subway Terminal Lessor, L.P. | Forest City Residential Group, Inc. | Los Angeles, CA | CA | ||||||||||
Metropolitan | Forest City Southpark Two, Inc. | Forest City Residential Group, Inc. | Los Angeles, CA | CA | ||||||||||
Midtown Towers | F.C. Midtown, LLC | Forest City Residential Group, Inc. | Parma, OH | OH | ||||||||||
Millender Center | Millender Center Associates Limited Partnership | Forest City Residential Group, Inc. | Detroit, MI | MI | ||||||||||
Museum Towers | Franklin Town Towers Associates | Forest City Residential Group, Inc. | Philadelphia, PA | PA | ||||||||||
6
PLEDGE AGREEMENT - EXHIBIT B
| Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
New York by Gehry (formerly Beekman) | FC Beekman Associates, LLC | Forest City Residential Group, Inc. and Forest City Commercial Holdings, Inc. | Manhattan, NY | NY | ||||||||||
North Church Towers - Bldg. I | North Church Towers I, LLC | Forest City Residential Group, Inc. | Parma Hts., OH | OH | ||||||||||
North Church Towers - Bldg. II | North Church Towers II, LLC | Forest City Residential Group, Inc. | Parma Hts., OH | OH | ||||||||||
One Franklintown | Forest City Franklin Town Corp. | Forest City Residential Group, Inc. | Philadelphia, PA | PA | ||||||||||
Parmatown Towers and Gardens | F.C. Parmatown Associates, L.P. | Forest City Residential Group, Inc. | Parma, OH | OH | ||||||||||
Pavilion | F.C. Harris Pavilion Apartments Limited Partnership | Forest City Residential Group, Inc. | Chicago, IL | IL | ||||||||||
Perrytown | Perrytown Place Associates | Forest City Residential Group, Inc. | Pittsburgh, PA | PA | ||||||||||
Presidio Landmark | FC Presidio PHSH Lessor, LLC | Forest City Residential Group, Inc. | San Francisco, CA | CA | ||||||||||
Queenswood | Queenswood Associates, L.P. | Forest City Residential Group, Inc. and Forest City Master Associates III, LLC* | Corona, NY | NY | ||||||||||
Sky55 | FC Central Station Residential, LLC | Forest City Central Station, Inc. and Forest City Residential Group, Inc. | Chicago, IL | IL | ||||||||||
Southfield | Southfield Partners Investors, LLC | Center Courtland, Inc. | Whitemarsh, MD | MD | ||||||||||
Town Center (Crescent Flats ) | FC 29th Avenue Town Center, LLC | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
Town Center (Botanica on the Green) | FC 29th Avenue Town Center, LLC | Forest City Residential Group, Inc. | Denver, CO | CO | ||||||||||
Wilson Building | FC WP Building, LLC | Forest City Residential Group, Inc. | Dallas, TX | TX | ||||||||||
Consolidated Supported Living Apartments | ||||||||||||||
Forest Trace | SG Forest Trace SPE, LLC | Forest City Bluffside Corporation, Forest City Residential Group, Inc. and Forest City Master Associates III, LLC* | Lauderhill, FL | FL | ||||||||||
7
PLEDGE AGREEMENT - EXHIBIT B
| APARTMENTS (continued) | ||||||||||||||
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Unconsolidated Apartments | ||||||||||||||
Arbor Glen | Twinsburg Residential Associates | Forest City Residential Group, Inc. | Twinsburg, OH | OH | ||||||||||
Autumn Ridge | Autumn Ridge Associate, LLC | Forest City Residential Group, Inc. | Sterling Heights, MI | MI | ||||||||||
Barrington Place | Barrington Apartments, LLC | Forest City Residential Group, Inc. | Raleigh, NC | NC | ||||||||||
Bayside Village | Bayside Village Associates | Forest City Residential Group, Inc. | San Francisco, CA | CA | ||||||||||
Big Creek | Big Creek Apartments I, L.L.C., Big Creek Apartments II, LLC and Big Creek Apartments, Ltd. | Forest City Residential Group, Inc. | Parma Hts., OH | OH | ||||||||||
Bowin Place | Bowin Place Associates Limited Dividend Housing Association Limited Partnership | Forest City Residential Group, Inc. | Detroit, MI | MI | ||||||||||
Brookpark Place | FC Brookpark Place LLC | Forest City Residential Group, Inc. and Forest City Rental Properties Corporation | Wheeling, WV | WV | ||||||||||
Buckeye Towers | Buckeye Towers, Ltd. | Forest City Residential Group, Inc. | New Boston, OH | OH | ||||||||||
Burton Place | Burton Elderly Limited Dividend Housing Association Limited Partnership | Forest City Residential Group, Inc. | Burton, MI | MI | ||||||||||
Cambridge Towers | Cambridge Tower Associates, LLC | Forest City Residential Group, Inc. | Detroit, MI | MI | ||||||||||
Camelot | Camelot Apartments, LLC | Forest City Rental Properties Corporation | Parma Hts., OH | OH | ||||||||||
Canton Towers | Canton Towers, Ltd. | Forest City Residential Group, Inc. | Canton, OH | OH | ||||||||||
Carl D. Perkins | Douglas Towers, LTD | Forest City Residential Group, Inc. | Pikeville, KY | KY | ||||||||||
Cherry Tree | Cherry Tree Village | Forest City Residential Group, Inc. | Strongsville, OH | OH | ||||||||||
Chestnut Lake | Chestnut Lake Apartments Limited Partnership | Forest City Rental Properties Corporation and Forest City Residential Group, Inc. | Strongsville, OH | OH | ||||||||||
Cobblestone Court Apartments | (1) Cobblestone Court Apartments, LLC and (2) Cobblestone Court Apartments I, LLC | Forest City Residential Group, Inc. | Painesville, OH | OH | ||||||||||
Colonial Grand | Colonial Grand, LLC | Forest City Residential Group, Inc. | Tampa, FL | FL | ||||||||||
Connellsville Towers | Connellsville Associates | Forest City Residential Group, Inc. | Connellsville, PA | PA | ||||||||||
Coppertree | Park Plaza Apartments, LLC | Forest City Residential Group, Inc. | Mayfield Hts., OH | OH | ||||||||||
Coraopolis Towers | Coraopolis Towers | Forest City Residential Group, Inc. | Coraopolis, PA | PA | ||||||||||
Deer Run | Deer Run Apartments Limited | Forest City Residential Group, Inc. and Forest City Rental Properties Corporation | Twinsburg, OH | OH | ||||||||||
Donora Towers | Donora Towers | Forest City Residential Group, Inc. | Donora, PA | PA | ||||||||||
Eaton Ridge | Eaton Ridge, Ltd. | Doesn’t sit under Forest City Rental Properties Corporation | Sagamore Hills, OH | OH | ||||||||||
Farmington Place | FC Farmington Place, LLC | Forest City Residential Group, Inc. and Forest City Rental Properties Corporation | Farmington, MI | MI | ||||||||||
Fenimore Court | Fenimore Limited Dividend Housing Association | Forest City Residential Group, Inc. | Detroit, MI | MI | ||||||||||
Fort Lincoln II | Fort Lincoln Senior Village II Limited Partnership | Forest City Residential Group, Inc. | Washington, D.C. | DC | ||||||||||
Fort Lincoln III and IV | Fort Lincoln Senior Village III Limited Partnership | Forest City Rental Properties Corporation | Washington, D.C. | DC | ||||||||||
Frenchtown Place | Frenchtown Place Associates Limited Dividend Housing Association | Forest City Residential Group, Inc. | Monroe, MI | MI | ||||||||||
Glendora Gardens | Glendora Gardens Associates | Forest City Residential Group, Inc. | Glendora, CA | CA | ||||||||||
Grand | Wisconsin Park Associates Limited Partnership | Forest City Residential Group, Inc. | North Bethesda, MD | MD | ||||||||||
Grove | Grove Associates | Forest City Residential Group, Inc. | Ontario, CA | CA | ||||||||||
8
PLEDGE AGREEMENT - EXHIBIT B
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Hamptons | FCRP-Hamptons, LLC | Forest City Rental Properties Corporation | Beachwood, OH | OH | ||||||||||
Hunter’s Hollow | Hunters Hollow Apartments, L.L.C. | Forest City Residential Group, Inc. | Strongsville, OH | OH | ||||||||||
Lakeland | Lakeland Place Associates Limited Dividend Housing Association Limited Partnership | Forest City Residential Group, Inc. | Waterford, MI | MI | ||||||||||
Legacy Arboretum | Echo Forest, LLC | Forest City Residential Group, Inc. | Charlotte, NC | NC | ||||||||||
Legacy Crossroads | The Apartments at Crossroads, LLC | Forest City Residential Group, Inc. | Cary, NC | NC | ||||||||||
Lenox Club | Lenox Club Limited Partnership | Forest City Residential Group, Inc. | Arlington, VA | VA | ||||||||||
Lenox Park | F-C Harris Silver Spring Limited Partnership | Forest City Residential Group, Inc. | Silver Spring, MD | MD | ||||||||||
Liberty Hills | Liberty Hill Apartments I, Ltd. | Forest City Rental Properties Corporation | Solon, OH | OH | ||||||||||
Lima Towers | Lima Towers, Ltd. | Forest City Residential Group, Inc. | Lima, OH | OH | ||||||||||
Metropolitan Lofts | FC Metropolitan Lofts Associates, L.P. | Forest City Residential Group, Inc. | Los Angeles, CA | CA | ||||||||||
Miramar Towers | Miramar Towers, a California limited partnership | Forest City Residential Group, Inc. | Los Angeles, CA | CA | ||||||||||
Newport Landing | Newport Landing | Forest City Residential Group, Inc. | Coventry Township, OH | OH | ||||||||||
Noble Towers | Noble Towers Associates | Forest City Residential Group, Inc. | Pittsburgh, PA | PA | ||||||||||
North Port Village | North Port Associates Limited Dividend Housing Association | Forest City Residential Group, Inc. | Port Huron, MI | MI | ||||||||||
Nu Ken Towers (Citizen’s Plaza) | New Kensington Towers Associates | Forest City Residential Group, Inc. | New Kensington, PA | PA | ||||||||||
Oceanpointe Towers | Ocean View Towers Associates Limited Partnership | Forest City Residential Group, Inc. | Long Branch, NJ | NJ | ||||||||||
Panorama Towers | HAI/FCD Partnership | Forest City Rental Properties Corporation | Panorama City, CA | CA | ||||||||||
Park Place Towers | Park Place Tower Associates Limited Dividend Housing Association | Forest City Residential Group, Inc. | Mt. Clemens, MI | MI | ||||||||||
Parkwood Village | Village in the Park | Forest City Residential Group, Inc. | Brunswick, OH | OH | ||||||||||
Pine Grove Manor | Pine Grove Manor Associates Limited Dividend Housing Association | Forest City Residential Group, Inc. | Muskegon Township, MI | MI | ||||||||||
Pine Ridge Valley | (1) Pine Ridge Valley Apartments-East, LLC, (2) Pine Ridge Apartments Co., II, Ltd., (3) Pine Ridge Apartments Co. Limited Partnership and (4) Pine Ridge Valley Apartments, Building H, LLC | (1) Forest City Rental Properties Corporation, (2) Forest City Rental Properties Corporation, (3) Forest City Rental Properties Corporation and (4) Forest City Rental Properties Corporation | Willoughby Hills, OH | OH | ||||||||||
Plymouth Square | FC Plymouth Square Village, LLC | Forest City Residential Group, Inc. | Detroit, MI | MI | ||||||||||
Potomac Heights Village | Potomac Village Associates Limited Partnership | Forest City Residential Group, Inc. | Keyser, WV | WV | ||||||||||
Residences at University Park | FC 91 Sidney Street, LLC | Forest City Residential Group, Inc. | Cambridge, MA | MA | ||||||||||
Riverside Towers | Riverside Towers, Ltd. | Forest City Residential Group, Inc. | Coshocton, OH | OH | ||||||||||
Settler’s Landing at Greentree | Settler’s Landing at Greentree I, LLC and Settlers Landing at Greentree, LLC | Forest City Residential Group, Inc. | Streetsboro, OH | OH | ||||||||||
Shippan Avenue | Forest City Sound View Associates | Forest City Residential Group, Inc. and Forest City Rental Properties Corporation | Stamford, CT | CT | ||||||||||
St. Mary’s Villa | St. Mary’s Villa Associates | Forest City Residential Group, Inc. | Newark, NJ | NJ | ||||||||||
Stratford Crossing | Stratford Crossings, Ltd. | Forest City Residential Group, Inc. | Wadsworth, OH | OH | ||||||||||
Surfside Towers | Surfside Apartments, LLC | Forest City Residential Group, Inc. and Forest City Rental Properties Corporation | Eastlake, OH | OH | ||||||||||
Sutton Landing | Sutton Landing Apartments, Ltd. | Forest City Residential Group, Inc. | Brimfield, OH | OH | ||||||||||
Tamarac | Tamarac Apartments, LLC | Forest City Residential Group, Inc. | Willoughby, OH | OH | ||||||||||
The Springs | La Mesa Springs Associates, a California Limited Partnership | Forest City Residential Group, Inc. | La Mesa, CA | CA | ||||||||||
Tower 43 | Kent Tower 43 Associates, Ltd. | Forest City Residential Group, Inc. | Kent, OH | OH | ||||||||||
9
PLEDGE AGREEMENT - EXHIBIT B
Fee Owner or Ground Lessee | FCRPC Subsidiary | Location | State | |||||||||||
Towne Centre Place | Towne Center Place Associates Limited Dividend Housing Association | Forest City Residential Group, Inc. | Ypsilanti, MI | MI | ||||||||||
Twin Lake Towers | Twin Lake Towers Venture | Forest City Rental Properties Corporation | Denver, CO | CO | ||||||||||
Uptown Apartments | Uptown Housing Partners, LP | Forest City Residential Group, Inc. | Oakland, CA | CA | ||||||||||
Village Center | Village Center Associates Limited Dividend Housing Association | Forest City Residential Group, Inc. | Detroit, MI | MI | ||||||||||
Village Square | FC Village Square LLC | Forest City Residential Group, Inc. and Forest City Rental Properties Corporation | Williamsville, NY | NY | ||||||||||
Westwood Reserve | Center Towers, Ltd. | Forest City Residential Group, Inc. | Tampa, FL | FL | ||||||||||
Woodgate / Evergreen Farms | Olmsted Farms, Ltd. | Forest City Residential Group, Inc. | Olmsted Township, OH | OH | ||||||||||
Worth Street | FC Foley Square Associates, LLC | Forest City Residential Group, Inc. | Manhattan, NY | NY | ||||||||||
Ziegler Place | FC Ziegler Place, LLC | Forest City Rental Properties Corporation/Forest City Residential Group, Inc. | Livonia, MI | MI | ||||||||||
Unconsolidated Military Housing | ||||||||||||||
Air Force Academy | Air Force Academy Military Communities, LLC | Forest City Residential Group, Inc. | Colorado Springs, CO | CO | ||||||||||
Midwest Millington | Midwest Family Housing, LLC | Forest City Residential Group, Inc. | Memphis, TN | TN | ||||||||||
Navy Midwest | Midwest Military Communities, LLC | Forest City Residential Group, Inc. | Chicago, IL | IL | ||||||||||
Ohana Military Communities, Hawaii Increment I | Ohana Military Communities, LLC | Forest City Residential Group, Inc. | Honolulu, HI | HI | ||||||||||
Ohana Military Communities, Hawaii Increment II | Ohana Military Communities, LLC | Forest City Residential Group, Inc. | Honolulu, HI | HI | ||||||||||
Ohana Military Communities, Hawaii Increment III | Ohana Military Communities, LLC | Forest City Residential Group, Inc. | Honolulu, HI | HI | ||||||||||
Ohana Military Communities, Hawaii Increment IV | Ohana Military Communities, LLC | Forest City Residential Group, Inc. | Kaneohe, HI | HI | ||||||||||
Pacific Northwest Communities | Pacific Northwest Communities, LLC | Forest City Residential Group, Inc. | Seattle, WA | WA | ||||||||||
| *Forest City Master Associates, LLC (“Master III”) holds an interest in the property. Master III has Class A Common Units held by Bruce C. Ratner or affiliates of Bruce C. Ratner and Class B Common Units held by affiliates of Forest City Rental Properties Corporation. Forest City Commercial Holdings, Inc., a subsidiary of Forest City Rental Properties Corporation, is the largest holder of Class B Common Units and the managing member of Master III. | ||||||||||||||
| **Schedule updated on an annual basis. The next update will be on 1/31/12. | ||||||||||||||
10
