Sterling Real Estate Trust Form 3/A Sterling Real Estate Trust / Timothy Hunt ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Hunt Timothy

(Last) (First) (Middle)

1711 GOLD DRIVE SOUTH

SUITE 100

(Street)

FARGO ND 58103

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/25/2016

3. Issuer Name and Ticker or Trading Symbol
Sterling Real Estate Trust [ NONE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
Trustee

5. If Amendment, Date of Original Filed (Month/Day/Year)
05/09/2011

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	7,440.711	I	By Tim Hunt Revocable Living Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Limited Partnership Units(1)	(2)	(3)	Common Shares	8,775	(1)	I	By Wife
Limited Partnership Units(1)(4)	(5)	(3)	Common Shares	40,665.853	(1)	I	Lois J. Gallagher Limited Partnership

Explanation of Responses:

1. Pursuant to the LLLP Agreement of the operating partnership, holders of limited partnership units may, after a two year holding period, elect to have their limited partnership units redeemed. Upon a redemption request, Sterling Real Estate Trust has the option to purchase the limited partnership units directly, either in cash or in common shares of beneficial interest at an exchange rate of one-to-one.

2. All 8,775 Limited Partnership Units may be currently exchanged.

3. These derivate securities do not have an expiration date.

4. This amendment is filed to report voting control which Mr. Hunt has over the Lois J. Gallagher Limited Partnership units since 2003.

5. All 40,665.853 Limited Partnership Units may be currently exchanged.

	/s/Bradley J. Swenson, Attorney-in-Fact	04/26/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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