Sterling Multifamily Trust increases redemption plan capacity to $100M, expands trustee share plan

Sterling Real Estate Trust

Aggregate max redemption of shares/units increased from $75M to $100M, effective March 19, 2026.
Independent Trustee Stock Plan shares authorized raised from 40,000 to 60,000.
Redemption price per share/unit is $24.22 as of Jan 1, 2026 (from Exhibit A).
Redemptions are quarterly, discretionary, pro rata; one-year holding period generally required.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sterling Real Estate Trust amended Amended and Restated Redemption Plans valued at from $75.0 million to $100.0 million (effective 2026-03-19).

Action: amendment
Value: from $75.0 million to $100.0 million
Effective: 2026-03-19

Exact text from the filing

On March 19, 2026, the Company amended its Redemption Plans to increase the aggregate maximum amount of shares and units that may be redeemed from $75.0 million to $100.0 million effective March 19, 2026.

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Source: SEC EDGAR

accession 0001104659-26-053473

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