{"schema_version":"secwatch.filing_event.v1","accession":"0000921082-21-000032","form_type":"8-K","ticker":"HIW","cik":"0000921082","company_name":"HIGHWOODS PROPERTIES, INC.","filed_at":"2021-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:04:21.281054+00:00","generated_at":"2026-06-30T00:39:19.108928+00:00","sec_items":["1.01","2.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Highwoods closes $683M acquisition of office portfolio from Preferred Apartment Communities","bullets":["Total investment $683M includes $28M improvements and $4M costs; assumes $407M secured loans at 3.5% weighted avg rate, 10.7 yr maturity.","Portfolio comprises four core office assets in Charlotte/Raleigh (1.63M sq ft, 94% occupied) and an Atlanta redevelopment site.","Core assets projected to generate cash NOI of $38.3M and GAAP NOI of $42.8M in first four quarters post-closing.","Initial cash funded with restricted cash from non-core asset sales and a $200M bridge facility (LIBOR+85bps, 6-month, extendable).","Company plans to sell $500M-$600M of non-core assets by mid-2022 to repay bridge and return leverage to current levels."],"urls":{"canonical":"https://secwatch.observer/filing/0000921082-21-000032","json":"https://secwatch.observer/filing/0000921082-21-000032.json","markdown":"https://secwatch.observer/filing/0000921082-21-000032.md","text":"https://secwatch.observer/filing/0000921082-21-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/921082/000092108221000032/0000921082-21-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/921082/000092108221000032/hiw-20210729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T00:39:19.108928+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}