---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-004798"
form_type: "8-K"
ticker: "BRST"
cik: "0000764897"
company_name: "Broad Street Realty, Inc."
filed_at: "2022-03-28T23:59:59+00:00"
generated_at: "2026-06-26T16:47:45.771248+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Broad Street Realty extends loan maturity, adds $2M term loan at 6.75%, eases EBITDA covenant

## Summary
- Maturity of $4.5M term loan and $2M revolver extended to June 27, 2023 from Dec 27, 2022.
- New $2M term loan at 6.75% fixed rate, matures June 27, 2023; advances available until Sept 22, 2022.
- Required principal curtailments: $250K each by March 31, 2022, Sept 30, 2022, and March 31, 2023.
- EBITDA to funded debt ratio minimum reduced from 8.0% to 7.0%; BSV Cromwell Land released as guarantor.
- Exit fee of 2% of aggregate principal at maturity or prepayment.

## SEC filing metadata
- accession: 0000950170-22-004798
- form_type: 8-K
- ticker: BRST
- cik: 0000764897
- company_name: Broad Street Realty, Inc.
- filed_at: 2022-03-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764897/000095017022004798/0000950170-22-004798-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764897/000095017022004798/brst-20220322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-004798
- JSON: https://secwatch.observer/filing/0000950170-22-004798.json
- Plain text: https://secwatch.observer/filing/0000950170-22-004798.txt

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