secwatch.observer — SEC 8-K summary
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Issuer:     Broad Street Realty, Inc. (BRST)
CIK:        0000764897
Form:       8-K/A
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000950170-23-002404
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broad Street Realty provides historical financials for Midtown Row and Lamar Station Plaza acquisitions
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- Midtown Row: revenue $5.6M for 9mo Sep2022, $3.4M for FY2021; excess over op expenses $3.0M and $1.8M respectively.
- Lamar Station Plaza: revenue $1.5M for 9mo Sep2022, $2.3M for FY2021; excess over op expenses $0.6M and $1.2M respectively.
- Midtown Row acquired for $118.7M cash+units, funded by $76M mortgage, $15M mezzanine, $28.4M preferred equity.
- Lamar Station Plaza acquired for ~$9.1M consideration including 573,529 OP units, assumed $15.5M mortgage, issued warrants for 500k shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/764897/000095017023002404/0000950170-23-002404-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/764897/000095017023002404/brst-20221122.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-002404

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer