secwatch.observer — SEC 8-K summary
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Issuer:     CEDAR REALTY TRUST, INC. (CDR-PB)
CIK:        0000761648
Form:       8-K
Filed at:   2025-08-19T23:59:59+00:00
Accession:  0000761648-25-000057
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cedar Realty Trust enters $20M secured credit facility with KeyBank, maturing Aug 2027
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- $20M staged advance credit facility; maturity Aug 15, 2027; interest at Base Rate + 2.00% or SOFR + 3.00%, decreasing 0.25% if debt yield >10%.
- Loan secured by equity interests in subsidiary guarantors and proceeds from capital events.
- Company and Wheeler Real Estate Investment Trust, Inc. are guarantors.
- Borrower may request advances no more than once per month.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/761648/000076164825000057/0000761648-25-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/761648/000076164825000057/cdr-20250815.htm
  HTML page:      https://secwatch.observer/filing/0000761648-25-000057

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