{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-000816","form_type":"8-K","ticker":"ADC","cik":"0000917251","company_name":"AGREE REALTY CORP","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.280934+00:00","generated_at":"2026-06-07T05:00:59.533319+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Agree Realty reports $1.34B total investment activity in 2023; raises $236M forward equity","bullets":["Total 2023 real estate investment activity (acquisitions, development, DFP) of $1.34B across 319 properties.","Acquired 282 retail net lease properties for $1.19B at 6.9% weighted-average cap rate; 73.7% from investment grade tenants.","Q4 acquisition volume $187.2M at 7.2% cap rate (80 bps higher than Q4 2022); 70.5% from investment grade.","Entered forward sale agreements for 3.83M shares expecting ~$235.6M net proceeds; total liquidity >$1.0B.","Portfolio: 2,135 properties; 69.1% annualized base rent from investment grade tenants; net debt to EBITDA 4.5x."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-000816","json":"https://secwatch.observer/filing/0001104659-24-000816.json","markdown":"https://secwatch.observer/filing/0001104659-24-000816.md","text":"https://secwatch.observer/filing/0001104659-24-000816.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917251/000110465924000816/0001104659-24-000816-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917251/000110465924000816/tm241622d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:00:59.533319+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"}