Sterling Real Estate Trust enters $10M revolving credit note at 5.25% to affiliate

Sterling Real Estate Trust

Revolving promissory note of $10,000,000 at 5.25% interest, maturing December 31, 2025.
Lender is operating partnership Sterling Properties, LLLP; borrower is Sterling Office and Industrial Properties, LLLP.
Note is guaranteed by Sterling Real Estate Trust; lender can demand repayment on 30 days' notice.
Transaction is between related parties under common control; interest rate adjustable by administrator.
Borrower may prepay without penalty; monthly interest-only payments starting August 10, 2025.

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