EX1A-6 MAT CTRCT.M 5 gkiph_ex6m.htm EX-6M gkiph_ex6m.htm

EXHIBIT (6)(M) 

 

October 25, 2021

 

GK Investment Propercy Holdings II, LLC

c/o GK Development, Inc.

257 E. Main Street, Suite 200

Barrii,tgton, IL 60010

 

 

Re:

Borrower: GK Preferred Income II (Ridgmar) SPE, LLC and 1551 Kingsbury Partners SPE, LLC

 

 

Lender: GK Investment Property Holdings JI, LLC

Substitute Promissory Note Dated October 15, 2021: $3,700,000.00

 

Dear Lender:

 

Pursuant to Section 8 of the above-referenced Substitute Promissory Note, Borrower hereby exercises its right to extend the Maturity Date for an additional one (1) month. Accordingly, the Maturity Date is hereby extended until November 30, 2021. Borrower agrees to pay the extension fee to Lender in accordance with the terms and conditions set forth in the Substitute Promissory Note. ·

 

 

Sincerely,

 

GK PREFERRED INCOME II (RIDGMAR) SPE, LLC,

a Delaware limited liability company

       
By: GK Development, Inc., its

 

 

 

 

 

Manager

 

 

 

 

 

 

By:

/s/ Garo Kholamian, President

 

 

 

 

 

 

1551 KINGSBURY PARTNERS SPE, LLC, 

 

 

a Delaware limited liability company

 

 

 

  
  By:   GK Development, Inc., its  

 

 

 

 

 

Manager

 

 

 

 

 

  By: /s/ Garo Kholamian, President  

 

 

847-277-9930 • info@gk-re.com • www.gk-re.com

257 E. Main Street, Suite 200 • Barrington. IL 600 I0