{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-129612","form_type":"8-K","ticker":null,"cik":"0002049595","company_name":"BlackRock Monticello Debt Real Estate Investment Trust","filed_at":"2025-05-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.779833+00:00","generated_at":"2026-05-20T06:52:41.942685+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"BlackRock Monticello Debt REIT secures $43.9M revolver, $150M repurchase facility, sells $6.5M equity","bullets":["Revolving credit facility up to $43.875M with JPMorgan Chase, maturing May 2026, at Term SOFR + 1.95%.","Repurchase facility with Natixis: initial $150M, expandable to $300M, maturing May 2028, at Term SOFR + margin plus 12.5bps draw fee.","Issued 260,000 Class E shares at $25/sh for $6.5M total to BlackRock Advisor and Monticello Capital Partners under Section 4(a)(2) exemption.","Credit facility secured by outstanding capital commitments of BlackRock Financial Management, Inc."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-129612","json":"https://secwatch.observer/filing/0001193125-25-129612.json","markdown":"https://secwatch.observer/filing/0001193125-25-129612.md","text":"https://secwatch.observer/filing/0001193125-25-129612.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2049595/000119312525129612/0001193125-25-129612-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2049595/000119312525129612/d11879d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T06:52:41.942685+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":"96cf983e2ea58d1a464756200a4c747578f25549","claim":"BlackRock Monticello Debt Real Estate Investment Trust incurred credit facility of initial amount of $150 million, which may be increased to $300 million with Natixis, New York Branch at Term SOFR for a one month period plus a margin as agreed upon by Natixis and Sel maturing May 23, 2028.","evidence_excerpt":"On May 23, 2025, BLKM I, LLC (the “Seller”), an indirect, wholly-owned special-purpose financing subsidiary of the Company, entered into a Master Repurchase Agreement and Securities Contract (together with the related transaction documents, the “Repurchase Agreement”), with Natixis, New York Branch (“Natixis”), to finance the acquisition by the Seller of eligible loans as more particularly described in the Repurchase Agreement. The Repurchase Agreement provides for asset purchases by Natixis for an initial amount of $150 million, which may be increased to $300 million, subject to the consent of Natixis, in its sole discretion.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2049595/000119312525129612/0001193125-25-129612-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"initial amount of $150 million, which may be increased to $300 million"},{"label":"Counterparty","value":"Natixis, New York Branch"},{"label":"Rate","value":"Term SOFR for a one month period plus a margin as agreed upon by Natixis and Sel"},{"label":"Maturity","value":"May 23, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"a9a21c2afcacde8c1e098d7fb4c37fc3c1cdb73e","claim":"BlackRock Monticello Debt Real Estate Investment Trust incurred revolving credit of up to a maximum aggregate availability of $43,875,000 with JPMorgan Chase Bank, N.A. at Term Secured Overnight Financing Rate plus 1.95% maturing May 21, 2026.","evidence_excerpt":"On May 22, 2025, BlackRock Monticello Debt Real Estate Investment Trust, a Maryland statutory trust (the “Company”), as borrower, entered into a revolving credit agreement (as it may be amended from time to time, the “Credit Agreement”) with JPMorgan Chase Bank, N.A. (“JPM”), as lender. The Credit Agreement provides for revolving loans of up to a maximum aggregate availability of $43,875,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2049595/000119312525129612/0001193125-25-129612-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to a maximum aggregate availability of $43,875,000"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"Term Secured Overnight Financing Rate plus 1.95%"},{"label":"Maturity","value":"May 21, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}