---
schema_version: "secwatch.filing_event.v1"
accession: "0000707388-24-000067"
form_type: "8-K"
ticker: null
cik: "0000707388"
company_name: "STAR EQUITY HOLDINGS, INC."
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:38:50.361607+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Star Equity completes $3M real estate purchase for Timber Technologies; issues $3M note at 7.5%

## Summary
- Star Equity subsidiary 106 Bremer bought real property from Timber Properties (seller affiliate) for $3.0M plus closing costs on June 28, 2024.
- A $3.0M promissory note issued to Timber Properties, bearing 7.5% interest, payable quarterly, maturing June 29, 2034.
- The note is secured by a mortgage on the acquired property, subordinate to a prior Bridgewater Bank loan.
- This completes the real estate component of the Timber Technologies asset acquisition first disclosed in May 2024.

## SEC filing metadata
- accession: 0000707388-24-000067
- form_type: 8-K
- cik: 0000707388
- company_name: STAR EQUITY HOLDINGS, INC.
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707388/000070738824000067/0000707388-24-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707388/000070738824000067/strr-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000707388-24-000067
- JSON: https://secwatch.observer/filing/0000707388-24-000067.json
- Plain text: https://secwatch.observer/filing/0000707388-24-000067.txt

## Key facts
- M&A Transactions
  STAR EQUITY HOLDINGS, INC. completed a disposition involving Timber Properties, LLC for $3.0 million plus closing costs (closed 2024-06-28).
  - Action: disposition
  - Counterparty: Timber Properties, LLC
  - Consideration: $3.0 million plus closing costs
  - Closing: 2024-06-28
  source text: Timber Properties, LLC (“Timber Properties”), an affiliate of the Seller, sold to 106 Bremer, LLC, a wholly-owned subsidiary of the Company (“106 Bremer”), all of Timber Properties’ Owned Real Property (as defined in the Asset Purchase Agreement) pursuant to a Real Estate Sales Agreement for $3.0 million plus closing costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/707388/000070738824000067/0000707388-24-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.