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CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in the Registration Statements on Form S‑3D (File No. 333‑182768) of Sterling Real Estate Trust of our report dated March 14, 2016, relating to the consolidated financial statements and schedule, which appears on page 96 of this annual report on Form 10‑K for the year ended December 31, 2015.
/s/ BAKER TILLY VIRCHOW KRAUSE, LLP
Chicago, Illinois
March 14, 2016