{"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}],"next_cursor":null}