---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-022690"
form_type: "8-K"
ticker: "ONL"
cik: "0001873923"
company_name: "Orion Properties Inc."
filed_at: "2022-02-14T23:59:59+00:00"
generated_at: "2026-06-27T08:33:48.004923+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-22-022690
- form_type: 8-K
- ticker: ONL
- cik: 0001873923
- company_name: Orion Properties Inc.
- filed_at: 2022-02-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873923/000110465922022690/0001104659-22-022690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873923/000110465922022690/tm226310d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-022690
- JSON: https://secwatch.observer/filing/0001104659-22-022690.json
- Plain text: https://secwatch.observer/filing/0001104659-22-022690.txt

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