{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-013492","form_type":"8-K","ticker":"VRMK","cik":"0000931182","company_name":"ERP OPERATING LTD PARTNERSHIP","filed_at":"2023-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.914491+00:00","generated_at":"2026-06-17T00:15:12.485376+00:00","sec_items":["3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"ERP Operating acquires remaining 10% of Aero Apartments for $3.7M cash + Series Q Preference Units","bullets":["Acquired remaining 10% interest in 200-unit Aero Apartments (San Francisco Bay Area) for $3.7M cash and 933,454 Series Q Preference Units.","Preference Units have $1.00/unit liquidation preference, 3.00% annual cumulative distribution ($0.03/unit), redeemable for cash, EQR common shares, or OP Units.","Prior to transaction, subsidiaries owned 90%; issuance exempt under Section 4(2) of the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-013492","json":"https://secwatch.observer/filing/0000950170-23-013492.json","markdown":"https://secwatch.observer/filing/0000950170-23-013492.md","text":"https://secwatch.observer/filing/0000950170-23-013492.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/931182/000095017023013492/0000950170-23-013492-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/931182/000095017023013492/ck0000931182-20230413.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T00:15:12.485376+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"}