Sterling Real Estate Trust extends advisory agreement with Sterling Management for one year

Sterling Real Estate Trust

Thirteenth Amended and Restated Advisory Agreement extends term for one year, effective April 1, 2024.
Terms and conditions are substantially the same as the prior agreement.
Agreement is with Sterling Management, LLC, the Company's Advisor.

Key facts

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sterling Real Estate Trust amended Thirteenth Amended and Restated Advisory Agreement with Sterling Management, LLC valued at Extends term for an additional year; substantially same as previous agreement (effective 2024-04-01).

Action: amendment
Counterparty: Sterling Management, LLC
Value: Extends term for an additional year; substantially same as previous agreement
Effective: 2024-04-01

Exact text from the filing

On March 21, 2024, Sterling Real Estate Trust (the “Company”) adopted its Thirteenth Amended and Restated Advisory Agreement with Sterling Management, LLC, the Company’s Advisor (the “Advisor”). The Thirteenth Amended and Restated Advisory Agreement, effective as of April 1, 2024, extends the term of the agreement for an additional year and includes terms and conditions that are substantially the same as the previous agreement.

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Source: SEC EDGAR

accession 0001558370-24-005282

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