secwatch.observer — SEC 8-K summary
======================================

Issuer:     Piedmont Realty Trust, Inc. (PDM)
CIK:        0001042776
Form:       8-K
Filed at:   2022-08-16T23:59:59+00:00
Accession:  0001193125-22-222358
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Piedmont OP assumes $197M fixed-rate loan for 1180 Peachtree at 4.1% due 2028
-----------------------------------------------------------------------------

- Piedmont OP assumed $197M loan secured by 1180 Peachtree in Atlanta; fixed rate 4.1%, maturity Oct 1, 2028.
- Loan is interest-only until Oct 1, 2023, then amortizes; $985K assumption fee paid to lender.
- Original borrower released from liability except for pre-closing obligations; new borrower assumes all duties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042776/000119312522222358/0001193125-22-222358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042776/000119312522222358/d336961d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-222358

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer