{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-116039","form_type":"8-K","ticker":null,"cik":"0001412502","company_name":"Sterling Real Estate Trust","filed_at":"2025-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.346318+00:00","generated_at":"2026-05-16T16:53:05.399513+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Sterling Real Estate Trust secures $40M revolving credit facilities from Gate City Bank","bullets":["Two $20M credit agreements executed Nov 21, 2025; one at prime minus 1.5% (5.50%), other at prime minus 0.75% (6.25%).","Three-year term; secured by mortgages on properties and fully guaranteed by the trust.","Proceeds for operating needs and acquisitions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-116039","json":"https://secwatch.observer/filing/0001104659-25-116039.json","markdown":"https://secwatch.observer/filing/0001104659-25-116039.md","text":"https://secwatch.observer/filing/0001104659-25-116039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1412502/000110465925116039/0001104659-25-116039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1412502/000110465925116039/sret-20251121x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T16:53:05.399513+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":[{"claim_id":"34c0fa421a8fda8c740e45caed7751b6ef43892c","claim":"Sterling Real Estate Trust entered into Credit Agreement with Gate City Bank valued at $20.0 million (effective 2025-11-21).","evidence_excerpt":"On November 21, 2025 (the “Effective Date”), Sterling Properties LLLP (the \"Operating Partnership\"), a wholly-owned subsidiary of Sterling Real Estate Trust (the “Company”), entered into a Credit Agreement (the “Credit Agreement”) with Gate City Bank (“Lender”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1412502/000110465925116039/0001104659-25-116039-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Gate City Bank"},{"label":"Value","value":"$20.0 million"},{"label":"Effective","value":"2025-11-21"}],"fact_type":"material_agreement"},{"claim_id":"34c0fa421a8fda8c740e45caed7751b6ef43892c","claim":"Sterling Real Estate Trust entered into Credit Agreement with Gate City Bank valued at $20.0 million (effective 2025-11-21).","evidence_excerpt":"Additionally, On November 21, 2025 (the “Effective Date”), Sterling Properties LLLP (the \"Operating Partnership\"), a wholly-owned subsidiary of Sterling Real Estate Trust (the “Company”), entered into a Credit Agreement (the “Credit Agreement”) with Gate City Bank (“Lender”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1412502/000110465925116039/0001104659-25-116039-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Gate City Bank"},{"label":"Value","value":"$20.0 million"},{"label":"Effective","value":"2025-11-21"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}