secwatch.observer — SEC 8-K summary
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Issuer:     Easterly Government Properties, Inc. (DEA)
CIK:        0001622194
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0000950170-23-044138
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1622194/000095017023044138/0000950170-23-044138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1622194/000095017023044138/dea-20230817.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-044138

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