Orion Office REIT secures $355M fixed-rate mortgage loan at 4.821% from Wells Fargo

Orion Properties Inc.

Loan bears interest at 4.821% p.a. (max 4.971% after securitization), matures Feb 2027, interest-only.
Proceeds used to repay $355M CMBS Bridge Credit Agreement terminated concurrently.
Loan secured by 19 properties; $35.5M loan reserves funded for rent concessions and tenant improvements.
Guarantor must maintain net worth ≥$355M and liquid assets ≥$10M, excluding collateral.
Compensation Committee approved pro-rated 2021 bonuses: CEO $73,836, CFO $60,411, CLO $40,274.

item 1.01 item 1.02 item 2.03 item 5.02 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.