11/12/2024 | Press release | Distributed by Public on 11/12/2024 14:18
Item 1.01 Entry into a Material Definitive Agreement.
On November 6, 2024, Inland Real Estate Income Trust, Inc. (the "Company") entered into the Amended and Restated Master Real Estate Management Agreement (as amended, the "Real Estate Management Agreement") with Inland Commercial Real Estate Services LLC (the "Real Estate Manager"), an affiliate of Inland Real Estate Investment Corporation, the Company's sponsor, to, among other things, grant the Company a right to terminate the Real Estate Management Agreement if the Company closes or completes a "Liquidity Event" as defined therein.
The foregoing is only a summary, does not purport to be complete and is qualified in its entirety by reference to the full text of the Real Estate Management Agreement filed as Exhibit 10.1, and is incorporated herein by reference.