secwatch.observer — SEC 8-K summary
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Issuer:     JEWETT CAMERON TRADING CO LTD (JCTC)
CIK:        0000885307
Form:       8-K
Filed at:   2026-10-23T20:10:13+00:00
Accession:  0001079973-26-001395
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Jewett-Cameron to sell Hillsboro, Oregon surplus property to Washington County for $5.9M
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- JC USA Inc., a wholly-owned subsidiary, signed a Purchase and Sale Agreement on Oct 19, 2026 to sell 31345 NW Beach Rd., Hillsboro, OR to Washington County for $5,900,000.
- $200,000 earnest money deposited as a promissory note that converts to non-refundable cash; buyer gets an initial 180-day due diligence period, extendable twice by 30 days at $50,000 each.
- Closing must occur within 15 days after the inspection periods expire, with a possible 15-day extension; Washington County Board of Commissioners approval is a condition.
- An aggregate 5% real estate commission is payable at closing to buyer's and seller's brokers; sale proceeds first reduce any Northrim Funding Services credit facility balance, now zero.
- If the buyer fails to close, seller's sole remedy is retaining earnest money as liquidated damages; if seller fails, buyer may get a refund plus up to $20,000 of costs or seek specific performance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885307/000107997326001395/0001079973-26-001395-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885307/000107997326001395/jctc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-26-001395

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