{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-26-028230","form_type":"8-K","ticker":"LINC","cik":"0001286613","company_name":"LINCOLN EDUCATIONAL SERVICES CORP","filed_at":"2026-07-10T20:55:28+00:00","discovered_at":"2026-07-10T20:56:00.195175+00:00","generated_at":"2026-07-10T20:56:05.903297+00:00","sec_items":["1.01","2.03","2.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lincoln Educational Services completes $18.8M property acquisition in Melrose Park, IL with $15.04M Provident Bank loan","bullets":["Acquired facility and real property at 8315-8317 W. North Avenue, Melrose Park, IL for $18.8M from Melrose Omni, LLC.","Funded with $15.04M mortgage from Provident Bank at 5.99% fixed for 5 years, then floating at 1.75% over 5-year Treasury (min 5%).","Loan matures July 1, 2036; monthly payments of ~$97,628 starting August 1, 2026.","Property previously operated as Melrose Park campus under lease; now owned.","Loan secured by mortgage on property and guaranty from parent and subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-028230","json":"https://secwatch.observer/filing/0001140361-26-028230.json","markdown":"https://secwatch.observer/filing/0001140361-26-028230.md","text":"https://secwatch.observer/filing/0001140361-26-028230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286613/000114036126028230/0001140361-26-028230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286613/000114036126028230/ef20077785_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-10T20:56:05.903297+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"}