---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-044138"
form_type: "8-K"
ticker: "DEA"
cik: "0001622194"
company_name: "Easterly Government Properties, Inc."
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:49:58.997542+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Easterly Government Properties reduces portfolio acquisition price to $619.7M in seventh amendment

## Summary
- Aggregate purchase price reduced from ~$635.6M to ~$619.7M via Seventh Amendment to Purchase Agreement.
- JV has closed on 8 of 10 VA-leased properties; 2 properties remain to close with revised terms.
- Purchase price adjustment for remaining two properties uses cap rates of 5.25% (most) or 6% (Corpus Christi, Jacksonville).
- No assurance remaining closings will occur; schedule and conditions subject to risk.

## SEC filing metadata
- accession: 0000950170-23-044138
- form_type: 8-K
- ticker: DEA
- cik: 0001622194
- company_name: Easterly Government Properties, Inc.
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622194/000095017023044138/0000950170-23-044138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622194/000095017023044138/dea-20230817.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-044138
- JSON: https://secwatch.observer/filing/0000950170-23-044138.json
- Plain text: https://secwatch.observer/filing/0000950170-23-044138.txt

## Key facts
- Material Agreements
  Easterly Government Properties, Inc. amended Seventh Amendment to Purchase Agreement with US Federal Properties Co., LLC affiliates valued at aggregate contractual purchase price reduced to approximately $619.7 million (effective 2023-08-17).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: US Federal Properties Co., LLC affiliates
  - Value: aggregate contractual purchase price reduced to approximately $619.7 million
  - Effective: 2023-08-17
  source text: On August 17, 2023, the JV entered into a seventh amendment to the Purchase Agreement (the “PSA Amendment”) with the Sellers. The PSA Amendment (i) reduces the aggregate contractual purchase price set forth in the Purchase Agreement to approximately $619.7 million and (ii) modifies the terms for calculating the purchase price adjustment in connection with the closing of the remaining two Portfolio Acquisition properties.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622194/000095017023044138/0000950170-23-044138-index.htm

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