Exhibit 10.1


VOTING AGREEMENT


 


This Voting Agreement (this “Agreement”)
is made and entered into as of May 11, 2015, by and between Trade Street Residential, Inc., a Maryland corporation (the “Company”)
and the undersigned stockholder (the “Stockholder”) of Independence Realty Trust, Inc., a Maryland corporation
(“Parent”).


 


RECITALS


 


A.           Concurrently
with the execution of this Agreement, Parent, Independence Realty Operating Partnership, LP, a Delaware limited partnership (“Parent
OP”), Adventure Merger Sub LLC, a Delaware limited liability company and direct wholly owned subsidiary of Parent OP
(“OP Merger Sub”), IRT Limited Partner, LLC, a Delaware limited liability company and a direct wholly owned
subsidiary of Parent OP (“Parent LLC”), the Company and Trade Street Operating Partnership, LP, a Delaware limited
partnership (the “Company OP”), have entered into an Agreement and Plan of Merger (the “Merger Agreement”)
which provides for (i) the merger (the “Partnership Merger”) of OP Merger Sub with and into the Company OP with
the Company OP being the surviving entity and (ii) the merger of Parent LLC with and into the Company with the Company being the
surviving entity (the “Company Merger” and, together with the Partnership Merger, the “Merger”).


 


B.           As
a condition and an inducement to the Company’s willingness to enter into the Merger Agreement, the Company has required that
the Stockholder, and the Stockholder has agreed, to enter into this Agreement with respect to all shares of common stock, par value
$0.01 per share, of Parent (“Parent Common Stock”) that the Stockholder now or hereafter owns beneficially (as
defined for purposes of this Agreement in Rule 13d-3 under the Exchange Act) or of record.


 


C.           The
Stockholder is the current beneficial or record owner, and has either sole or shared voting power over, 7,269,719 shares of Parent
Common Stock (the “Parent Shares”).


 


D.           The
Company desires the Stockholder to agree, and the Stockholder is willing to agree, subject to the limitations herein, not to Transfer
(as defined below) any of the Parent Shares and New Parent Shares (as defined below), and to vote the Parent Shares and New Parent
Shares in a manner so as to facilitate consummation of the Merger.


 


NOW, THEREFORE, in consideration of the foregoing
and the respective representations, warranties, covenants and agreements set forth below and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, do hereby agree
as follows:


 


1.          Definitions.
Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Merger
Agreement. When used in this Agreement, the following terms in all of their tenses, cases and correlative forms shall have the
meanings assigned to them in this Section 1 or elsewhere in this Agreement.


 


“control” (including,
with correlative meanings, the terms “controlled by” and “controlling”), when used with respect
to any Person, means the power to direct or cause the direction of the management or policies of such Person, directly or indirectly,
whether through the ownership of voting securities, by contract or otherwise.


 


“Expiration Date”
shall mean the earlier to occur of (i) the Effective Time, (ii) such date and time as the Merger Agreement shall be terminated
pursuant to Article VIII thereof, (iii) the date of any modification, waiver, change or amendment to the Merger Agreement that
is an Adverse Amendment, or (iv) the End Date (as such term is defined in the Merger Agreement).


 


“Permitted Transfer”
shall mean, in each case, so long as such Transfer is in accordance with applicable Law and the Stockholder is and at all times
has been in compliance with this Agreement, any Transfer to any Person, so long as such Person, in connection with such Transfer,
executes a joinder to this Agreement pursuant to which such Person agrees to become a party to this Agreement and be subject to
the restrictions applicable to the Stockholder and otherwise become a party for all purposes of this Agreement; provided,
that no such Transfer shall relieve the transferring Stockholder from its obligations under this Agreement with respect to the
portion of the Company Common Stock that the Stockholder continues to beneficially own after such Transfer.


 




    	1



    	 



    

 


“Transfer” shall
mean (i) any direct or indirect offer, sale, assignment, encumbrance, pledge, hypothecation, disposition, loan or other transfer
(by operation of Law or otherwise), either voluntary or involuntary, or entry into any contract, option or other arrangement or
understanding with respect to any offer, sale, assignment, encumbrance, pledge, hypothecation, disposition, loan or other transfer
(by operation of Law or otherwise), of any capital stock (or any security convertible or exchangeable into capital stock) or interest
in any capital stock, provided, however, that the foregoing shall not include any encumbrance created by this Agreement or restrictions
on transfer under the Securities Act of 1933, as amended, or (ii) entering into any swap or any other agreement, transaction or
series of transactions that hedges or transfers, in whole or in part, directly or indirectly, the economic consequence of ownership
of such capital stock or interest in capital stock, whether any such swap, agreement, transaction or series of transactions is
to be settled by delivery of securities, in cash or otherwise; provided, that any transaction described in these clauses
(i) or (ii) shall not constitute a Transfer so long as such transaction does not in any way limit the ability of Stockholder to
vote its Parent Shares or New Parent Shares in accordance with the terms of this Agreement.





 


2.          Agreement
to Retain Parent Shares.


 


2.1           Transfer
and Encumbrance of Parent Shares. Other than a Permitted Transfer, until the Expiration Date, the Stockholder shall not (i)
Transfer any of the Parent Shares or New Parent Shares, (ii) deposit any Parent Shares, or New Parent Shares into a voting trust
or enter into a voting agreement or arrangement with respect to such Parent Shares or New Parent Shares or grant any proxy (except
as otherwise provided herein) or power of attorney with respect thereto, or (iii) commit or agree to take any of the foregoing
actions.


 


2.2           Additional
Purchases. The Stockholder agrees that any shares of Parent Common Stock that the Stockholder purchases or otherwise acquires
(including, without limitation, by way of stock-split, stock dividend, conversion of securities or distribution or similar event)
or with respect to which the Stockholder otherwise acquires sole or shared voting power after the execution of this Agreement and
prior to the Expiration Date (the “New Parent Shares”) shall, in each case, be subject to the terms and conditions
of this Agreement to the same extent as if they constituted Parent Shares.


 


2.3           Unpermitted
Transfers. Any Transfer or attempted Transfer of any of the Parent Shares or New Parent Shares in violation of Section 2.1
shall, to the fullest extent permitted by Law, be null and void ab initio, and Parent shall not, and shall instruct its
transfer agent and other third parties not to, record or recognize any such purported Transfer on the share register of Parent.


 


3.          Agreement
to Vote and Approve; Irrevocable Proxy.


 


3.1           Parent
Shares. Hereafter until the Expiration Date, at every meeting of the stockholders of Parent called with respect to any of the
following matters, and at every adjournment or postponement thereof, and on every action or approval by written consent of the
stockholders of Parent with respect to any of the following matters (any such meeting or other circumstance, a “Stockholders’
Meeting”), the Stockholder shall, or shall cause the holder of record of any Parent Shares or New Parent Shares on any
applicable record date (a “Record Date”) to (including via proxy), (i) appear at such Stockholders’ Meeting
or otherwise cause the Parent Shares or New Parent Shares to be counted as present thereat for purposes of calculating a quorum
and (ii) except as expressly provided herein, vote, or cause to be voted, the Parent Shares and any New Parent Shares: (a) in favor
of the issuance of Parent Common Stock in connection with the Merger, (b) in favor of any other matter that is reasonably required
to facilitate the consummation of the Merger and the other Transactions, (c) in favor of any proposal to adjourn a Stockholders’
Meeting to solicit additional proxies in favor of the approval of the issuance of the Parent Common Stock in connection with the
Merger, and (d) against (I) any action or agreement that would reasonably be expected to result in any condition to
the consummation of the Merger set forth in Article VII of the Merger Agreement not being fulfilled, and (II) any action which
would reasonably be expected to materially impede, interfere with, materially delay, materially postpone or adversely affect consummation
of the Transactions, in each case to the extent that the stockholders of Parent are entitled to consider and vote on such matters(s)
at a Stockholders’ Meeting. Notwithstanding the previous sentence, the Stockholder shall not be required to vote any Parent
Shares or New Parent Shares in accordance with the previous sentence of this Section 3.1, if, either, (i) the Parent Board changes
its recommendation that the stockholders of Parent approve the Merger prior to obtaining Parent Stockholder Approval, or (ii) the
Merger Agreement or any of the transactions contemplated thereby has been amended or is proposed to be amended in a manner that
is materially adverse to the Stockholder (such amendment, an “Adverse Amendment”)


 


3.2           Irrevocable
Proxy. By execution of this Agreement, the Stockholder does hereby appoint and constitute the Company and any one or more other
individuals designated by the Company, and each of them individually, until the Expiration Date (at which time this proxy shall
automatically be revoked), with full power of substitution and resubstitution, as the Stockholder’s true and lawful attorneys-in-fact
and irrevocable proxies, to the fullest extent of the Stockholder’s rights with respect to the Parent Shares and New Parent
Shares, to vote each of the Parent Shares and New Parent Shares solely with respect to the matters set forth in Section 3.1 hereof,
to the extent that the Stockholder is required to vote in accordance with the first sentence of Section 3.1; provided, however,
that the foregoing shall only be effective if the Parent Shares and the New Parent Shares, to the extent such Parent Shares and
New Parent Shares are held by Stockholder at the close of business on the Record Date, fail to be counted as present or to be voted,
as applicable, in accordance with Section 3 above. The Stockholder intends this proxy to be irrevocable and coupled with an interest
hereafter until the Expiration Date for all purposes, including without limitation Section 2-507(d) of the Maryland General Corporation
Law, and hereby revokes any proxy previously granted by the Stockholder with respect to the Parent Shares or New Parent Shares.
The Stockholder hereby ratifies and confirms all actions that the proxies authorized hereunder may lawfully do or cause to be done
in accordance with this Agreement. The proxy granted by Stockholder pursuant to this Section is granted in order to secure Stockholder’s
performance under this Agreement and also in consideration of the Company entering into the Merger Agreement.


 




    	2



    	 



    

 


4.          Ownership
Interest. Nothing contained in this Agreement shall be deemed to vest in the Company, Parent or any other Person any direct
or indirect ownership or incidence of ownership of or with respect to, or pecuniary interest in, any of the Parent Shares or New
Parent Shares. All rights, ownership and economic benefits of and relating to, and pecuniary interest in, the Parent Shares and
New Parent Shares shall remain vested in and belong to the Stockholder, and neither the Company, Parent, nor any other Person shall
have any power or authority to direct the Stockholder in the voting or disposition of any of the Parent Shares or New Parent Shares,
except as otherwise expressly provided in this Agreement. Except as set forth in Section 3.1, the Stockholder shall remain free
to vote (or execute consents or proxies with respect to) the Parent Shares and New Parent Shares in any manner such Stockholder
deems appropriate, including in connection with the election of directors.


 


5.          Representations,
Warranties and Covenants of the Stockholder. The Stockholder hereby represents and warrants to the Company as follows:


 


5.1           Due
Authority. The Stockholder has the legal capacity and full power and authority to make, enter into and carry out the terms
of this Agreement and to grant the irrevocable proxy as set forth in Section 3.2 hereof. This Agreement has been duly and validly
executed and delivered by the Stockholder and constitutes a valid and binding agreement of the Stockholder enforceable against
it in accordance with its terms, except to the extent enforceability may be limited by the effect of applicable bankruptcy, reorganization,
insolvency, moratorium or other Laws affecting the enforcement of creditors’ rights generally and the effect of general principles
of equity, regardless of whether such enforceability is considered in a proceeding at law or in equity.


 


5.2           Organization,
Standing and Corporate Power. The Stockholder is duly organized, validly existing and in good standing under the Laws of the
jurisdiction in which it is formed.


 


5.3           Ownership
of Parent Shares. As of the date hereof, the Stockholder (i) is the beneficial or record owner of the Parent Shares, free and
clear of any and all Liens, other than those Liens created by this Agreement and (ii) has either sole or shared voting power over
all of the Parent Shares. As of the date hereof, the Stockholder does not own, beneficially or of record, any capital stock or
other securities of Parent or any Parent Subsidiary other than the Parent Shares. As of the date hereof, the Stockholder does not
own, beneficially or of record, any rights to purchase or acquire any shares of capital stock or other securities of Parent or
any Parent Subsidiary.


 


5.4           No
Conflict; Consents.


 


(a)          The
execution and delivery of this Agreement by the Stockholder do not, and the performance by the Stockholder of the obligations under
this Agreement and the compliance by the Stockholder with any provisions hereof do not and will not: (i) conflict with or violate
in any material respect any Laws applicable to the Stockholder or the Parent Shares or (ii) to the knowledge of Stockholder, result
in any material breach of or constitute a material default (or an event that with notice or lapse of time or both would become
a material default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in
the creation of a Lien on any of the Parent Shares pursuant to, any note, bond, mortgage, indenture, contract, agreement, lease,
license, permit, franchise or other instrument or obligation to which the Stockholder is a party or by which the Stockholder or
the Parent Shares are bound, except in each case of clauses (i) and (ii) above, for such conflicts, violations, breaches, defaults,
rights or Liens which would not, in the aggregate, reasonably be expected to impair or adversely affect the ability of the Stockholder
to perform the Stockholder’s obligations hereunder or to consummate the transactions contemplated hereby on a timely basis.
Stockholder’s Parent Shares are not, with respect to the voting of, subject to any other agreement, including, any voting
agreement, stockholders agreement, irrevocable proxy or voting trust.


 


(b)          Other
than the disclosure and filing of this Agreement with the SEC, no consent, approval, order or authorization of, or registration,
declaration or filing with, any Governmental Entity or any other Person, is required by or with respect to the Stockholder in connection
with the execution and delivery of this Agreement or the consummation by the Stockholder of the transactions contemplated hereby.


 




    	3



    	 



    

 


5.5           Absence
of Litigation. There is no Legal Proceeding pending against, or, to the knowledge of the Stockholder, threatened against or
affecting, the Stockholder or any of its Affiliates that the Stockholder can control or any of their respective properties or assets
(including the Parent Shares) at Law or in equity that would reasonably be expected to impair or adversely affect the ability of
the Stockholder to perform the Stockholder’s obligations hereunder or to consummate the transactions contemplated hereby
on a timely basis.


 


6.          Representations,
Warranties and Covenants of the Company. The Company hereby represents, warrants and covenants to the Stockholder as follows:


 


6.1           Due
Authority. The Company has the legal capacity and full power and authority to make, enter into and carry out the terms of this
Agreement. This Agreement has been duly and validly executed and delivered by the Company and constitutes a valid and binding agreement
of the Company enforceable against it in accordance with its terms, except to the extent enforceability may be limited by the effect
of applicable bankruptcy, reorganization, insolvency, moratorium or other Laws affecting the enforcement of creditors’ rights
generally and the effect of general principles of equity, regardless of whether such enforceability is considered in a proceeding
at law or in equity.


 


6.2           Organization,
Standing and Corporate Power. The Company is duly organized, validly existing and in good standing under the Laws of the jurisdiction
in which it is formed and has all requisite power and authority to carry on its business as now being conducted.


 


6.3           No
Conflict; Consents. The execution and delivery of this Agreement by the Company do not, and the performance by the Company
of the obligations under this Agreement and the compliance by the Company with any provisions hereof do not and will not: (i) conflict
with or violate in any material respect any Laws applicable to the Company or the Company Common Stock or (ii) result in any material
breach of or constitute a material default (or an event that with notice or lapse of time or both would become a material default)
under, or give to others any rights of termination, amendment, acceleration or cancellation of, or pursuant to, any note, bond,
mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which the Company
is a party or by which the Company is bound, except in each case of clauses (i) and (ii) above, for such conflicts, violations,
breaches, defaults or rights which would not, in the aggregate, reasonably be expected to impair or adversely affect the ability
of the Company to perform the Company's obligations hereunder or to consummate the transactions contemplated hereby on a timely
basis.


 


6.4           Absence
of Litigation. There is no Legal Proceeding pending against, or, to the knowledge of the Company, threatened against or affecting,
the Company or any of its Affiliates that the Company can control or any of their respective properties or assets at Law or in
equity that would reasonably be expected to impair or adversely affect the ability of the Company to perform the Company's obligations
hereunder or to consummate the transactions contemplated hereby on a timely basis.


 


7.          Further
Assurances. From time to time, at the request of the Company and without further consideration, the Stockholder shall take
such further action as may reasonably be requested by the Company to carry out the intent of this Agreement.


 


8.          Termination.
This Agreement shall terminate automatically and shall have no further force or effect on or after the Expiration Date.


 


9.          Notice
of Certain Events. The Stockholder shall notify the Company promptly of (a) any fact, event or circumstance that would cause,
or reasonably be expected to cause or constitute, a breach in any material respect of the representations and warranties of the
Stockholder under this Agreement and (b) the receipt by the Stockholder of any notice or other communication from any Person alleging
that the consent of such Person is or may be required in connection with this Agreement; provided, however, that
the delivery of any notice pursuant to this Section 9 shall not limit or otherwise affect the remedies available to any party.


 


10.         Miscellaneous.


 


10.1         Severability.
If any term or other provision of this Agreement is determined to be invalid, illegal or incapable of being enforced by any rule
or Law, or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect
so long as the economic or legal substance of the Transactions is not affected in any manner materially adverse to any party. Upon
such determination that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall
negotiate in good faith to modify this Agreement so as to effect the original intent of the parties hereto as closely as possible
in an acceptable manner to the end that Transactions are fulfilled to the extent possible.


 




    	4



    	 



    

 


10.2         Binding
Effect; Assignment; Third Party Beneficiaries. This Agreement and all of the provisions hereof shall be binding upon and inure
to the benefit of the parties hereto and their respective successors and permitted assigns. Neither party to this Agreement may
assign any of its rights or obligations under this Agreement without the prior written consent of the other party. Any attempted
assignment contrary to the provisions of this Section 10.2 shall be null, void and of no legal force or effect. Parent shall be
an express third party beneficiary of the agreements of the Stockholder contained in this Agreement.


 


10.3         Amendments
and Modifications. This Agreement may not be modified, amended, altered or supplemented except upon the execution and delivery
of a written agreement executed by the parties hereto.


 


10.4         Specific
Performance; Injunctive Relief. The parties hereto agree that irreparable damage would occur in the event any provision of
this Agreement was not performed in accordance with the terms hereof or was otherwise breached. It is accordingly agreed that the
parties shall be entitled to specific relief hereunder, including, without limitation, an injunction or injunctions to prevent
and enjoin breaches of the provisions of this Agreement and to enforce specifically the terms and provisions hereof, in addition
to any other remedy to which they may be entitled at Law or in equity. Any requirements for the securing or posting of any bond
with respect to any such remedy are hereby waived.


 


10.5         Notices.
All notices, requests, claims, consents, demands and other communications under this Agreement shall be in writing and shall be
deemed given if delivered personally, sent by overnight courier (providing proof of delivery) to the parties or sent by facsimile
or e-mail of a pdf attachment (providing confirmation of transmission) at the following addresses or facsimile numbers (or at such
other address or facsimile number for a party as shall be specified by like notice):


 


(a) if to the Company to:


  


Trade Street Residential, Inc.


19950 West Country Club Drive


Aventura, Florida 33180


Facsimile: (786) 248-3679


Attention: Richard Ross


Email: rross@trade-street.com


 


with a copy to:


 


Morrison & Foerster LLP

2000 Pennsylvania Avenue, N.W.

Suite 6000

Washington, D.C. 20006

Facsimile: (202) 887-0763

Attention: John Good, Esq. and David P. Slotkin, Esq.

Email:     jgood@mofo.com

               dslotkin@mofo.com


 


(b) if to the Stockholder:


 


RAIT Financial Trust


2929 Arch Street, 17th Floor


Philadelphia, PA 19104


Facsimile: (215) 405-2945


Attention: James Sebra and Jamie Reyle


Email:    jsebra@raitft.com


jreyle@raitft.com


 




    	5



    	 



    

 


with a copy to:


 


Pepper Hamilton LLP

Two Logan Square

Eighteen and Arch Streets

Philadelphia, PA 19103

Facsimile: (215) 981-4750

Attention: Michael Friedman, Esq. and Matthew Greenberg, Esq.

Email: friedmam@pepperlaw.com


greenbmm@pepperlaw.com


 


Or to such other address as any party may have furnished to the
other in writing in accordance herewith, except that notices of change of address shall be effective upon receipt.


 


10.6         Governing
Law; Jurisdiction and Venue. This Agreement shall be governed by, and construed in accordance with, the Laws of the State of
Maryland, without giving effect to any choice or conflict of Laws provision or rule (whether of the State of Maryland or any
other jurisdiction) that would cause the application of the Laws of any jurisdiction other than the State of Maryland. All proceedings
arising out of or relating to this Agreement shall be heard and determined exclusively in the Circuit Court for Baltimore City
(Maryland), or, if under applicable Law exclusive jurisdiction over the matter is vested in the federal courts, any federal court
located in the State of Maryland (the “Maryland Court”).  Each of the Parties hereby irrevocably and unconditionally
agrees to request and/or consent to the assignment of any such proceeding to the Maryland Court’s Business and Technology
Case Management Program.


 


10.7         WAIVER
OF JURY TRIAL. EACH OF THE COMPANY AND THE STOCKHOLDER HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ALL RIGHTS TO TRIAL BY
JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THE ACTIONS OF THE COMPANY OR THE STOCKHOLDER IN THE NEGOTIATION, ADMINISTRATION,
PERFORMANCE AND ENFORCEMENT OF THIS AGREEMENT.


 


10.8         Entire
Agreement. This Agreement contains the entire understanding of the parties in respect of the subject matter hereof, and supersedes
all prior negotiations and understandings between the parties with respect to such subject matter.


 


10.9         Counterparts.
This Agreement may be executed (including by facsimile or email of a .pdf attachment) in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument, it being understood that all
parties need not sign the same counterpart. It shall not be necessary in making proof of this Agreement to produce or account for
more than one such counterpart. The parties hereto may deliver this Agreement by facsimile or email of a .pdf attachment, and each
party shall be permitted to rely upon the signatures so transmitted to the same extent and effect as if they were original signatures.


 


10.10         Effect
of Headings. The section headings herein are for convenience only and shall not affect the construction of interpretation of
this Agreement.


 


10.11         No
Agreement Until Executed. Irrespective of negotiations among the parties or the exchanging of drafts of this Agreement, this
Agreement shall not constitute or be deemed to evidence a contract, agreement, arrangement or understanding between the parties
hereto unless and until (i) the Merger Agreement is executed by all parties thereto, and (ii) this Agreement is executed by
all parties hereto.


 


10.12         Legal
Representation. This Agreement was negotiated by the parties with the benefit of legal representation and any rule of construction
or interpretation otherwise requiring this Agreement to be construed or interpreted against any party shall not apply to any construction
or interpretation thereof.


 


10.13         Expenses.
All costs and expenses incurred in connection with this Agreement shall be paid by the party incurring such cost or expense, whether
or not the Merger is consummated.


 


10.14         Documentation
and Information. The Stockholder consents to and authorizes the publication and disclosure by the Company and Parent of the
Stockholder’s identity and holdings of the Parent Shares, and the nature of the Stockholder’s commitments, arrangements
and understandings under this Agreement, in any press release or any other disclosure document required in connection with the
Merger or any other transaction contemplated by the Merger Agreement. As promptly as practicable, the Stockholder shall notify
the Company of any required corrections with respect to any written information supplied by such Stockholder specifically for use
in any such disclosure document, if and to the extent such Stockholder becomes aware that any have become false or misleading in
any material respect.


 




    	6



    	 



    

 


10.15         Stockholders
Capacity. The Stockholder is signing this Agreement solely in the Stockholder’s capacity as an owner of its Parent Shares
and nothing herein shall limit, prohibit, prevent or affect any actions taken by any director of the Company or the Parent nominated
by such Stockholder in his or her capacity as a director.


 


10.16         Other
Agreements. The Company hereby represents and warrants and covenants and agrees that any agreement entered into by the Company
with any Person with respect to agreements similar to those set forth in this Agreement will be in form and substance identical
to this Agreement.


 


[Signature Pages Follow]


 




    	7



    	 



    

 


IN WITNESS WHEREOF, the parties have caused
this Agreement to be duly executed on the date and year first above written.


 


	 	COMPANY:
	 	 
	 	TRADE STREET RESIDENTIAL, INC.
	 	 	 
	 	By: 	/s/ Richard H. Ross
	 	 	Name: Richard H. Ross
	 	 	Title: CEO


 


[Signature Page to Voting Agreement]


 




    	 



    	 



    

 


	 	RAIT FINANCIAL TRUST
	 	 	 
	 	By:	/s/ James J. Sebra
	 	 	Name: James J. Sebra
	 	 	Title: Chief Financial Officer


 


[Signature Page to Voting Agreement]