secwatch.observer — SEC 8-K summary
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Issuer:     GTJ REIT, INC. (—)
CIK:        0001368757
Form:       8-K
Filed at:   2025-12-04T23:59:59+00:00
Accession:  0001193125-25-307905
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GTJ REIT adds $20M term loan to existing credit facility, total capacity $60M
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- New $20M term loan from KeyBank, maturing August 5, 2026 with one-year extension option.
- Net proceeds of ~$19,949,976 to fund working capital and general corporate needs.
- Total credit facility now $60M: $40M revolving line plus $20M term loan.
- Term loan bears same interest rate as revolving line; 25 bps fee on principal.
- Replaces prior KeyBank term loan that was repaid in full on March 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368757/000119312525307905/0001193125-25-307905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368757/000119312525307905/gttj-20251202.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-307905

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