{"filings":[{"id":93103,"accession_number":"0001482430-26-000016","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2026-04-08T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III amends loan facility, extends maturity to Dec 2026, defers fees after $48M property sale","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sold Gateway Tech Center for $50M; net proceeds $48.1M used to reduce loan balance by $47.5M.","Fifth Modification extends maturity to Dec 15, 2026 (possible to Mar 31, 2027); eliminates principal amortization.","Deferred REIT-level expenses and asset management fees until sale of remaining properties (515 Congress and 201 17th St).","Drew $1.8M for tenant improvements and $1.0M for tax escrow from holdbacks; modified cash management.","Management notes substantial doubt about going concern due to upcoming maturities and challenging office market."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104451,"accession_number":"0001482430-26-000005","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2026-02-02T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends $205.5M loan facility maturity to March 25, 2026 with conditions","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fourth Modification Agreement extends Modified Portfolio Revolving Loan Facility from March 1 to March 25, 2026, subject to conditions not in KBS's sole control.","Further possible extension to April 15, 2026, also conditional; failure to meet conditions reinstates March 1 maturity and triggers event of default.","KBS agreed to cap asset management fees to Advisor at 90% of those tied to Properties; disposition fees limited to 0.65% of sales price.","Outstanding principal $205.5M; $3.3M holdbacks available; loan secured by three office properties (515 Congress, Gateway Tech Center, 201 17th Street).","Management reiterates substantial doubt about going concern due to upcoming maturities, challenging lending environment, and office market instability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104450,"accession_number":"0001482430-26-000003","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"KBS REIT III files Jan 2026 presentation with estimated NAV update; no specific figures disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation discusses portfolio composition and estimated value per share as of January 2026.","Prior valuation 8-K filed December 19, 2025 provided earlier estimated NAV; this presentation may update that figure.","Presentation available on company website and references methodology from the prior valuation 8-K.","No explicit NAV or portfolio metrics are visible in the provided exhibit extract."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120744,"accession_number":"0001482430-25-000057","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-12-19T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III board sets estimated NAV at $2.70 per share, down 31% from $3.89","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated value per share of $2.70, down 31% from $3.89 one year ago.","Real estate property values fell from $14.51 to $10.98 per share, driven by office sector headwinds.","Prime US REIT stake valued at $39.1M as of Nov 14, 2025; ownership reduced to 16.5% after private placement.","Appraised value of 12 office properties $1.6B, down from $1.7B acquisition cost plus $711.6M improvements.","Debt per share decreased from $10.69 to $8.63 due to property sales and paydowns."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137332,"accession_number":"0001482430-25-000049","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III completes $100M sale of Park Place Village, repays debt","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold Park Place Village (Leawood, KS) for gross $100M, net $95.5M after closing costs and $0.8M disposition fee.","Net proceeds used to pay off $65.2M mortgage loan and reduce Credit Facility by $25.4M to $37.5M outstanding.","Remaining net proceeds retained for general liquidity needs.","Property is 484,980 sq ft mixed-use on 17.1 acres; acquired June 2015."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137331,"accession_number":"0001482430-25-000047","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"KBS REIT III renews advisory agreement with KBS Capital Advisors through Sept 2026","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Advisory agreement renewed for one year, expiring September 27, 2026.","No changes to terms other than the one-year extension; further renewals require mutual consent.","Termination provisions unchanged: 60 days' notice without cause or immediate for cause.","Asset management and disposition fees remain subject to subordination agreement with U.S. Bank."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137330,"accession_number":"0001482430-25-000039","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"KBS REIT III directors fail to receive majority votes at annual meeting; hold-over","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["None of the five director nominees received majority votes due to 56.5M broker non-votes.","Incumbent directors continue as hold-over directors under Maryland law.","Ratification of Ernst & Young as auditor passed with 72.6M for, 1.4M against.","Broker non-votes for director election represented shares without beneficial owner instructions.","Annual meeting held July 23, 2025 in Newport Beach, CA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154648,"accession_number":"0001482430-25-000031","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III board neutral on West 4 mini-tender at $0.80; cites going concern doubt and liquidity issues","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["West 4 Capital LP offers $0.80/share for up to 2,295,000 shares (1.55% of outstanding).","Board neutral due to KBS REIT III's lack of liquidity and uncertain timing of future liquidity for stockholders.","Company has $467.2M in loan maturities and required paydowns over next 12 months; only $65M has extension options.","No dividends or share redemptions expected until certain loans are repaid or refinanced.","Estimated value per share of $3.89 (Sept 30, 2024) but appraisals may not reflect current market; substantial doubt about going concern expressed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173175,"accession_number":"0001482430-25-000014","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-03-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III neutral on Comrit mini-tender at $0.80; details liquidity and going concern risks","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Comrit offers $0.80/share for up to 1,562,500 shares (1.05% of outstanding).","Board neutral; notes $390M loan maturities and $80M paydowns in next 12 months.","No dividends or redemptions expected until certain loans repaid or refinanced (maturity Jan 2027).","Estimated value per share $3.89 as of Sept 30, 2024; current market not reflected.","Substantial doubt about going concern, though risk reduced by recent refinancings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173174,"accession_number":"0001482430-25-000010","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-02-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"KBS REIT III files investor presentation; exhibit text lacks specific portfolio data or value per share","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company furnished an investor presentation on February 28, 2025, discussing portfolio and estimated value per share.","The complete presentation is available on the company's website; the filed exhibit contains only disclaimers and a slide header.","No quantitative metrics (e.g., NAV, occupancy, debt) or updated value per share are included in the filing text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173173,"accession_number":"0001482430-25-000006","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends $465.9M loan to Jan 2027; tighter covenants: paydown, cash sweep, dividend curb","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended to Jan 22, 2027 with two 12-month extensions; interest at 1-month Term SOFR + 300 bps.","Principal paydown schedule: max facility must be ≤$420M by Dec 2025, ≤$300M by Dec 2026, ≤$150M by Dec 2027.","100% excess cash flow swept into collateral account; dividends restricted to REIT-required distributions only.","Advisory agreement amended: 10% asset mgmt fee deferred; disposition fee on property sales reduced to 0.65% of price.","Additional $15M funding for TI/LC/CapEx; $4M exit fee due at maturity or prepayment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173172,"accession_number":"0001482430-25-000003","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2025-01-29T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends $465.9M portfolio loan to Feb 6, 2025; cites substantial doubt about going concern","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Short-term extension of Amended & Restated Portfolio Loan Facility to Feb 6, 2025; additional $4.97M advanced for property taxes.","Outstanding principal ~$465.9M as of Jan 27, 2025; facility secured by five properties.","Lenders waived debt service coverage and net worth covenants through maturity.","KBS REIT III continues to seek longer-term extension but no assurance; substantial doubt about ability to continue as going concern."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190207,"accession_number":"0001482430-24-000077","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-12-23T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends Accenture Tower loan to Nov 2026; rate +300 bps, $16M new availability","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended from Dec 20, 2024 to Nov 2, 2026 with possible 12-month extension; outstanding principal $306M.","Interest rate increased to one-month Term SOFR plus 300 bps (previously plus 235 bps).","Total commitment raised to $322M: $306M outstanding plus $16M new funding for tenant improvements and capital costs.","100% excess cash flow from property deposited into collateral account; distributions restricted without lender consent.","Loan modification fee $995,600 paid to lenders; exit fee $650,000 due at maturity; REIT Properties III provides 25% principal guaranty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190206,"accession_number":"0001482430-24-000074","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III board approves estimated NAV of $3.89/share, down 31% from $5.60 last year","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated value per share of $3.89 as of Dec 12, 2024, a decline of $1.71 (31%) from $5.60 in Dec 2023.","Decline driven by lower real estate property values due to commercial real estate challenges and high interest rates.","Real estate properties per share estimated at $14.51, down from $16.41; notes payable per share $10.69 (net of $0.46 improvement).","Total appraised value of 14 properties plus one sold was $2.2B; no enterprise value premium assumed.","Valuation performed by Kroll LLC, approved by conflicts committee and board, for FINRA Rule 2231 reporting purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190205,"accession_number":"0001482430-24-000071","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-12-13T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends $306M Accenture Tower loan to Dec 18; lenders waive key covenants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maturity extended twice: first to Dec 13 then to Dec 18, 2024.","Outstanding balance $306.0M ($229.5M term + $76.5M revolving).","Lenders waived net worth, leverage ratio, and EBITDA-to-fixed-charges covenants through Dec 18.","Company warns of substantial doubt about going concern for at least one year from Nov 14, 2024.","No assurance of longer-term extension or refinancing; loan cross-default provisions may accelerate other debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190204,"accession_number":"0001482430-24-000069","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["1.01","2.03","8.01"],"status":"ready","headline":"KBS REIT III extends portfolio loan to Jan 2025, sells Preston Commons; substantial going concern doubt","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Substantial doubt about ability to continue as a going concern for at least one year from Nov 14, 2024.","Seventh Extension Agreement extends $460.9M facility maturity to Jan 23, 2025; requires mandate letter by Dec 19, 2024.","Sold Preston Commons (Dallas) for $151M on Nov 15, 2024; net proceeds of $141.4M after prorations and closing costs.","Sale proceeds used to pay down $140.4M of the portfolio loan and $1.0M in lender exit fees.","Advisor subordination: 90% of asset management fees on five properties remain payable; disposition fees capped at 0.65% and subordinated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190203,"accession_number":"0001482430-24-000058","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends Accenture Tower loan to Dec 10, 2024; $306M principal","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Third Modification extends maturity by ~5 weeks to Dec 10, 2024; removes prior 12-month extension option.","Lenders waived net worth, leverage, and EBITDA-to-fixed-charges covenants from Nov 1 through Dec 10, 2024.","Outstanding principal $306M ($229.5M term, $76.5M revolving); no longer-term extension assured.","Filing reiterates substantial doubt about going concern due to upcoming maturities and office market headwinds.","KBS continues to work with lenders but cautions no assurance on timing or certainty of a longer-term solution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190202,"accession_number":"0001482430-24-000055","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-10-18T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Sixth loan extension on $601.3M facility to Nov 20, 2024; covenants waived; going concern doubt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sixth extension of $601.3M portfolio loan facility moves maturity to Nov. 20, 2024.","Waived requirement to raise $100M in new equity/debt and certain financial covenants.","KBS REIT III pays $250K non-refundable fee; $1M exit fee payable on maturity or earlier.","Advisory fee of ~$0.5M reduced and deferred to Dec. 1, 2025 per amended advisory agreement.","Company engaged Moelis for restructuring; substantial doubt about going concern exists."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206708,"accession_number":"0001482430-24-000053","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-09-27T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"KBS REIT III renews advisory agreement with KBS Capital Advisors through Sept 2025","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Renewed advisory agreement effective through September 27, 2025, with unlimited one-year renewals by mutual consent.","Terms of the renewed agreement are identical to the prior advisory agreement.","Either party may terminate without cause upon 60 days' written notice; immediate termination for cause or bankruptcy of Advisor.","Agreement is between KBS Real Estate Investment Trust III, Inc. and KBS Capital Advisors LLC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206707,"accession_number":"0001482430-24-000046","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-07-25T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"KBS REIT III directors fail to win majority vote, remain hold-over directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Five director nominees each received fewer than 51% of votes cast; broker non-votes of 32.8M shares counted as against.","Incumbents Schrieber, DeLuca, Gabriel, Milkovich, Sturzenegger will continue as hold-over directors.","Ratification of Ernst & Young as auditor approved with 72.6M for, 1.5M against.","Annual meeting held July 23, 2024; results reflect 32.8M broker non-votes on director election."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206706,"accession_number":"0001482430-24-000042","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-07-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III Board Remains Neutral on Comrit Mini-Tender Offer for Up to 3.85M Shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Comrit Investments 1, LP offered $1.04 per share for up to 3,846,153 shares (2.59% of outstanding common stock).","Board of directors determined to remain neutral and makes no recommendation, citing individual stockholder liquidity needs.","KBS REIT III disclosed $1.1 billion of loan maturities within 12 months and substantial doubt about its ability to continue as a going concern.","Company terminated share redemption program and expects no dividends or share redemptions through March 2026 due to loan covenants.","December 2023 estimated value per share was $5.60, but subsequent market and portfolio developments are not reflected in that estimate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206705,"accession_number":"0001482430-24-000039","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends loan maturity to Nov 6, 2024; must raise $100M by Oct 15 to avoid default","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fifth Extension Agreement moves maturity from earlier date to November 6, 2024; outstanding principal ~$601.3M.","Interest rate switches from BSBY to one-month Term SOFR + 180 bps + 10 bps adjustment effective August 1, 2024.","Lenders waive DSCR covenant tests for Dec 31, 2023 through Sep 30, 2024 and net worth covenant through Nov 6, 2024.","Milestones: deliver $100M+ term sheet by Aug 15, cash flow plan by Sep 16, raise $100M+ by Oct 15; failure triggers immediate default.","Substantial doubt about going concern due to upcoming maturities, challenging lending environment, and leasing headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":223901,"accession_number":"0001482430-24-000028","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-04-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III neutral on $2.02 mini-tender; discloses going concern doubt, $1.2B maturities","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board neutral on Comrit mini-tender at $2.02/share for up to 1.73M shares (1.17% of outstanding).","Company reports $1.2B loan maturities in next 12 months; substantial doubt about going concern.","Share redemption program terminated; no dividends or redemptions expected before March 2026 due to loan covenant.","Estimated NAV of $5.60/share (Sept 2023) stale; Comrit offer at ~64% discount.","Comrit currently holds ~1.45M shares; no affiliation with KBS or its advisors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":243292,"accession_number":"0001482430-24-000014","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-02-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III sells McEwen Building for $48.8M, modifies loan with going concern warning","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale of McEwen Building for $48.8M; net proceeds $46.2M applied to reduce loan principal to $203M.","Loan modified: maturity extended to March 2026, interest rate at SOFR+300bps, quarterly principal payments of $880.9K.","Revolving feature eliminated; $16.2M in holdbacks for TI and capex; dividends/redemptions restricted without lender consent.","Company expresses substantial doubt about ability to continue as going concern for at least one year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":243291,"accession_number":"0001482430-24-000011","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-02-15T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends loan maturity, restricts dividends; substantial doubt about going concern","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Existing $249.2M facility ($124.6M term + $124.6M revolving all drawn) extended to April 15, 2024 via Third Modification Agreement.","If McEwen Building sells (expected Feb 2024, $1M deposit), maturity may extend to March 1, 2026; interest rate set at SOFR+300bps with $880,900 quarterly principal payments.","Dividends and redemptions restricted except for required REIT distributions; no distributions expected during loan term.","Upon McEwen sale, borrower must prepay greater of $45M or net proceeds; holdbacks up to $17M for tenant improvements and capital expenditures.","Filing notes substantial doubt about KBS REIT III's ability to continue as a going concern due to upcoming maturities, market instability, and leasing challenges."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":243290,"accession_number":"0001482430-24-000007","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-02-12T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends $601M loan to Aug 2024; must raise $100M by July 15, 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Fourth Extension Agreement extends maturity of $601.3M portfolio loan facility to August 6, 2024.","Lenders waived debt service coverage ratio tests for Dec 2023, Mar 2024, Jun 2024 and net worth covenant.","Milestones: deliver cash flow plan by Feb 29, engage investment bank by Mar 29, raise $100M by Jul 15.","KBS REIT III engaged Moelis & Company LLC on Feb 12 to assist with capital raising and restructuring.","Substantial doubt about going concern; failure to meet milestones triggers immediate default."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":243289,"accession_number":"0001482430-24-000003","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2024-01-04T23:59:59+00:00","items":["1.01","2.03","2.04"],"status":"ready","headline":"KBS REIT III extends $601M portfolio loan to Feb 6, 2024; defaults on $125M Spear Street loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Third extension agreement extended $601.3M portfolio loan to Feb 6, 2024; $5M paydown made, Excess Cash Flow swept.","201 Spear Street default on Nov 14, 2023; property valued below $125M debt; deed-in-lieu transaction entered Dec 29, 2023.","Lender can transfer title within six months; agrees not to pursue KBS REIT III unless bankruptcy/insolvency before Nov 2025.","Default on Spear Street may accelerate $649.5M of other debt obligations.","Substantial doubt about going concern for at least one year from Nov 14, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260686,"accession_number":"0001482430-23-000071","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-12-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"KBS REIT III to release investor presentation with updated estimated value per share","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Presentation, available by Dec 20, 2023, discusses portfolio and estimated value per share.","Pre-recorded program will accompany the presentation on the company's website.","No specific financial figures or new guidance are provided in the filing or exhibit excerpt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260685,"accession_number":"0001482430-23-000065","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-12-14T23:59:59+00:00","items":["5.03","8.01","9.01"],"status":"ready","headline":"KBS REIT III estimates value per share at $5.60, down 38% from $9.00","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated value per share $5.60 as of Dec 12, 2023, a 38% decrease from $9.00 on Sep 28, 2022.","Real estate property values fell $2.53 per share; total property estimated at $2.4B vs. $3.0B cost plus improvements.","Prime US REIT unit investment declined $0.61 per share due to lower closing price on SGX-ST as of Nov 15, 2023.","Bylaws amended to update shareholder nomination procedures to comply with Rule 14a-19."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260684,"accession_number":"0001482430-23-000057","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-12-08T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III extends Accenture Tower loan maturity to Nov 2024; capacity cut to $306M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exercised first 12-month extension on $375M Accenture Tower Revolving Loan; new maturity Nov 2, 2024.","Borrowing capacity reduced to $306M ($229.5M term, $76.5M revolving); one extension option remains.","Outstanding balance Dec 1, 2023: $281.3M ($229.5M term + $51.8M revolving); $24.7M revolving available.","Original maturity had been extended to Dec 4, 2023 before exercising the first extension option."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260683,"accession_number":"0001482430-23-000054","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-11-21T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends $606M facility to Dec 22 after missing extension conditions; $1.7B in loans maturing in 12 months","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Company unable to exercise one-year extension option; obtained two short extensions to Dec 22, 2023.","Outstanding balance ~$606.3M; unadvanced $6.9M commitment permanently cancelled.","Company has $1.7B of loan maturities in next 12 months; extensions require loan reductions or paydowns.","Discussions with lenders for further modification ongoing, no assurance of completion.","Office real estate weakness, especially San Francisco Bay Area, materially impacts cash flow and refinancing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260682,"accession_number":"0001482430-23-000048","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"KBS REIT III extends two loan facilities by weeks; $1.7B total maturities in 12 months","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Accenture Tower loan ($281.3M term + $93.7M revolver) maturity extended from Nov 2 to Dec 4, 2023; revolver advances suspended.","Portfolio loan ($606.3M outstanding) maturity extended from Nov 3 to Nov 17, 2023; $6.9M undrawn commitment permanently cancelled.","Company failed to meet extension conditions on Portfolio loan; discussions for further modifications ongoing but uncertain.","Company faces $1.7B in total loan maturities over next 12 months; refinancing difficult due to market conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277969,"accession_number":"0001482430-23-000043","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-09-28T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"KBS REIT III renews advisory agreement with KBS Capital Advisors through Sept 2024","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Renewed advisory agreement effective through September 27, 2024; renewable annually by mutual consent.","Terms of renewed agreement are identical to the prior agreement; no changes in fee structure or duties.","Agreement may be terminated by either party (or for cause) with 60 days' written notice without penalty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277968,"accession_number":"0001482430-23-000040","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-09-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Jeffrey A. Dritley resigns from board, effective Dec 31, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jeffrey A. Dritley notified his resignation as a director on September 14, 2023.","Resignation effective December 31, 2023.","No disagreement with the Company over operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277967,"accession_number":"0001482430-23-000033","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-07-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"KBS REIT III files Form 8-K for July 25 investor webinar; presentation lacks specific financial data","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Company will use attached presentation in a July 25, 2023 webinar for stockholders and financial representatives.","Presentation covers portfolio, debt, interest rate swaps, and liquidity, but no numerical details are provided in the filing.","No material changes to operations, financial condition, or guidance disclosed in the 8-K or exhibit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277966,"accession_number":"0001482430-23-000029","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-07-12T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"KBS REIT III annual meeting: all director nominees elected, E&Y ratified as auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Charles J. Schreiber Jr. and five other directors elected with votes for ranging from 37.6M to 37.7M.","Ratification of Ernst & Young as auditor approved with 72.5M votes for, 595K against, 1.6M abstain.","Broker non-votes on director elections totaled 33,575,101 shares.","Annual meeting held July 11, 2023 at KBS offices in Newport Beach, CA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":296004,"accession_number":"0001482430-23-000020","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-04-13T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III sets stockholder proposal deadline of April 26 for July 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual Meeting expected in July 2023; exact date in definitive proxy.","Stockholder proposals for inclusion in proxy materials due by April 26, 2023.","Director nominations and other business must comply with bylaws, Rule 14a-8 and Rule 14a-19.","Proposals must be sent to Secretary Jeffrey K. Waldvogel at Newport Beach address."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":316534,"accession_number":"0001482430-23-000012","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-03-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"KBS REIT III elects six directors, ratifies Ernst & Young as auditor at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected: Charles J. Schreiber Jr., Marc DeLuca, Jeffrey A. Dritley, Stuart A. Gabriel, Robert Milkovich, Ron D. Sturzenegger.","Approximately 39.5M votes for each director, with about 1.1M against and 2.5M abstentions; 33M broker non-votes.","Ratification of Ernst & Young as independent auditor for FY 2022: 73.85M for, 0.58M against, 1.70M abstentions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":316533,"accession_number":"0001482430-23-000009","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-03-06T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"KBS REIT III board recommends rejecting CMG mini-tender offer at $4.02/share, 55% below estimated NAV","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CMG Partners offers $4.02/share for up to 450,000 shares (0.30% of outstanding); board unanimously recommends rejection.","Estimated NAV per share as of Sept 28, 2022 is $9.00; offer represents a 55% discount.","CMG recently sold shares at $6.59 and bought at $5.05 in secondary market, above offer price.","Company also modified loan facility: converted from LIBOR to Term SOFR +160bps, extended maturity to March 1, 2024.","Ordinary redemptions suspended; special redemptions still available at estimated NAV."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":316532,"accession_number":"0001482430-23-000004","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2023-01-18T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III reduces distribution to $0.03833/sh and suspends ordinary share redemptions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized January and February 2023 distributions of $0.03833333 per share, reduced from prior periods due to economic slowdown.","Ordinary share redemptions suspended indefinitely; all pending requests canceled and no new requests accepted.","Suspension driven by rising interest rates, inflation, tenant lease expirations, and weakness in commercial office, especially San Francisco Bay Area.","Company cites need to preserve capital to manage portfolio; special redemptions (death, disability) will still be processed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":334802,"accession_number":"0001482430-22-000065","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-12-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III sets Dec 19, 2022 deadline for stockholder proposals for March 9, 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting scheduled for March 9, 2023; more than 30 days from last anniversary.","Stockholder proposals for inclusion in proxy materials due by close of business December 19, 2022.","Director nominations and other business must comply with Company bylaws and SEC Rules 14a-8 and 14a-19.","Proposals not for inclusion must be received within 10 days after filing of definitive proxy statement.","Proposals directed to Secretary Jeffrey K. Waldvogel at principal offices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":334801,"accession_number":"0001482430-22-000062","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-11-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"KBS REIT III holds webinar to review portfolio and estimated value per share","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Webinar held on Nov 18, 2022 to discuss portfolio holdings and estimated NAV per share.","Presentation attached as Exhibit 99.1 includes updated estimated value; specific value not provided in excerpt.","No financial results or changes to guidance were reported in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":334800,"accession_number":"0001482430-22-000055","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-10-31T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III board recommends rejecting Comrit mini-tender offer at $5.68/share (37% below $9.00 NAV)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Comrit offers $5.68/share for up to 1,232,394 shares (0.84% of outstanding); board unanimously recommends rejection.","Estimated NAV per share is $9.00, making Comrit's offer a ~37% discount; Comrit already holds 1,264,492 shares.","Share Redemption Program to reopen Jan 3, 2023; Ordinary Redemptions at 96% of estimated value per share.","Comrit admitted purchase for investment profit; no independent appraisal of shares or properties.","Stockholders who tendered have until Dec 29, 2022 to withdraw."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":334799,"accession_number":"0001482430-22-000052","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-10-21T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III cancels all unmet 2022 ordinary redemptions, resumes Jan 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Oct distribution of $0.04983333/share declared, record Oct 21, payable Nov 2022.","Ordinary redemptions exhausted as of Aug 1, 2022; all pending requests for 2022 cancelled.","Ordinary redemptions resume Jan 31, 2023; new requests accepted from Jan 3, 2023.","About 291,000 shares remain available for special redemptions through year-end."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":352216,"accession_number":"0001482430-22-000049","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-09-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III estimated NAV drops to $9.00 from $10.78, a 16.5% decline","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated value per share of $9.00 as of Sep 28, 2022, down $1.78 from prior $10.78.","Declared September distribution of $0.04983333 per share, payable October 2022; record date Sep 28, 2022.","Decline driven by $1.19 per share real estate value drop and $0.35 drop in Prime US REIT investment.","Total appraised value of 17 properties: $2.8B; terminal cap rates 6.25%-8.75%, discount rates 7%-9.5%.","Prime US REIT units (OXMU) valued at $116.5M using SGX-ST closing price minus blockage discount."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":352215,"accession_number":"0001482430-22-000046","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-08-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III board recommends rejecting CMG mini-tender offer at $5.05/share, citing $10.78 NAV","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board unanimously recommends stockholders reject CMG mini-tender offer for up to 450,000 shares at $5.05/share.","Offer price is a 53% discount to the Nov 1, 2021 estimated NAV of $10.78 per share.","Share redemption program closed for ordinary redemptions; special redemptions (death, disability) still available at estimated value.","CMG admitted it did not obtain independent appraisal of shares or properties and is not qualified to appraise real estate.","Stockholders who tendered already can rescind by Sep 21, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":352214,"accession_number":"0001482430-22-000034","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-07-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III declares July 2022 distribution of $0.04983333 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $0.04983333 per share distribution for July 2022.","Record date is July 26, 2022; payment expected in August 2022.","Stockholders may elect cash or participate in the dividend reinvestment plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":369748,"accession_number":"0001482430-22-000031","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-06-28T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"KBS REIT III declares June distribution of $0.04983333 per share","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized a June 2022 distribution of $0.04983333 per share.","Record date: June 27, 2022; payable in July 2022.","Investors may elect cash or reinvest in additional shares via dividend reinvestment plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":369747,"accession_number":"0001482430-22-000027","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-05-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"KBS REIT III furnishes portfolio update presentation; no specific material facts available","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Furnished May 26, 2022 presentation for a portfolio update webcast.","Presentation is intended for stockholders and financial representatives.","No specific financial or operational metrics from the presentation are included in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":369746,"accession_number":"0001482430-22-000021","cik":1482430,"company_name":"KBS Real Estate Investment Trust III, Inc.","ticker":"KBSR","form_type":"8-K","filed_at":"2022-04-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"KBS REIT III increases 2022 redemption cap to 5% of weighted-average shares outstanding","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved amended share redemption program effective April 29, 2022, increasing 2022 redemption cap to 5% of 2021 weighted-average shares outstanding.","Last 500,000 shares available in 2022 reserved exclusively for Special Redemptions (death, Qualifying Disability, Determination of Incompetence).","Ordinary redemptions priced at 96% of most recent estimated value; Special Redemptions at 100%.","Program may be amended, suspended, or terminated upon 10 business days' notice.","No other material changes to share redemption program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":103307900.00000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-04-14T23:59:59+00:00|369746"}