---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-005361"
form_type: "8-K"
ticker: "BRST"
cik: "0000764897"
company_name: "Broad Street Realty, Inc."
filed_at: "2021-12-27T23:59:59+00:00"
generated_at: "2026-06-27T22:26:24.664872+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Broad Street Realty to acquire Midtown Row mixed-use property for $122M cash

## Summary
- Purchase price $122M cash for 240 student housing units (620 beds) and 63,573 sq ft retail.
- Seller BBL Current Owner LLC; CEO Michael Jacoby and other insiders have indirect ownership and expect ~$1.4M aggregate at closing.
- Closing expected by end of Q2 2022, subject to customary conditions.
- Company served as development manager and continues as property manager for the recently completed development.

## SEC filing metadata
- accession: 0000950170-21-005361
- form_type: 8-K
- ticker: BRST
- cik: 0000764897
- company_name: Broad Street Realty, Inc.
- filed_at: 2021-12-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764897/000095017021005361/0000950170-21-005361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764897/000095017021005361/brst-20211221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-005361
- JSON: https://secwatch.observer/filing/0000950170-21-005361.json
- Plain text: https://secwatch.observer/filing/0000950170-21-005361.txt

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