{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-028102","form_type":"8-K","ticker":"ILPT","cik":"0001717307","company_name":"Industrial Logistics Properties Trust","filed_at":"2022-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.923372+00:00","generated_at":"2026-06-27T03:44:31.590285+00:00","sec_items":["2.01","1.01","1.02","2.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ILPT completes $21.00/share acquisition of Monmouth REIT, obtains $3.485B in new debt","bullets":["Merger: MNR common holders received $21.00/share; preferred $25.00 plus accrued dividends.","Joint venture with third party: investor paid ~$587M for 39% of 95 properties; ILPT retains 61%.","Loans: $1.4B floating (SOFR+2.25%, matures 2024), $1.385B bridge (SOFR+1.75%+8.0% mezz, matures 2023), $700M fixed (4.417%, matures 2032).","Repaid $185M on $750M revolver; credit agreement terminated without penalty.","Merger closed Feb 25, 2022; MNR shares converted to cash, no longer outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-028102","json":"https://secwatch.observer/filing/0001104659-22-028102.json","markdown":"https://secwatch.observer/filing/0001104659-22-028102.md","text":"https://secwatch.observer/filing/0001104659-22-028102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717307/000110465922028102/0001104659-22-028102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717307/000110465922028102/tm227805d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T03:44:31.590285+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}