---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-067414"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T21:38:00.368362+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WHLR subsidiaries secure $110M term loan at 5.25% to refinance Cedar Realty acquisition debt

## Summary
- Loan principal $110M, fixed interest rate 5.25%, matures November 10, 2032.
- Proceeds used to refinance properties acquired in the August 22, 2022 Cedar Realty Trust acquisition.
- Wheeler REIT, L.P. (operating partnership) guarantees the loan via a limited recourse indemnity.
- Financial covenants require consolidated net worth ≥ $110M and minimum liquidity of $6M.
- Equal monthly principal installments begin December 10, 2027 through maturity.

## SEC filing metadata
- accession: 0001213900-22-067414
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000121390022067414/0001213900-22-067414-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000121390022067414/ea167779-8k_wheelerreal.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-067414
- JSON: https://secwatch.observer/filing/0001213900-22-067414.json
- Plain text: https://secwatch.observer/filing/0001213900-22-067414.txt

## Key facts
- Debt Financings
  Wheeler Real Estate Investment Trust, Inc. incurred term loan of $110,000,000 with Guggenheim Real Estate, LLC at 5.25% maturing November 10, 2032.
  - Instrument: term loan
  - Principal: $110,000,000
  - Counterparty: Guggenheim Real Estate, LLC
  - Rate: 5.25%
  - Maturity: November 10, 2032
  - Event: incurrence
  source text: On October 28, 2022, Cedar Brickyard, LLC, Cedar Brickyard II, LLC, Cedar-Fairview Commons, LLC, Cedar-Gold Star Plaza, LLC, Cedar Golden Triangle, LLC, Cedar Hamburg, LLC, Pine Grove Plaza Associates, LLC, Cedar Southington Plaza, LLC, Cedar-Trexler, LLC, Washington Center L.L.C. 1, Greentree Road, L.L.C. 1, Cedar-PC Plaza, LLC, and Cedar-PC Annex, LLC, each a Delaware limited liability company (collectively, the “Borrower”) and wholly owned indirect subsidiary of the Company and the Operating Partnership, entered into a Term Loan Agreement (the “Loan Agreement”) with Guggenheim Real Estate, LLC, a Delaware limited liability company (the “Lender”). Under the Loan Agreement, the Lender agreed to make a term loan to the Borrower in the principal amount of $110,000,000 (the “Loan”), with a scheduled maturity date of November 10, 2032 (such date, or any earlier date on which the entire Loan is required to be paid in full by acceleration or otherwise, the “Maturity Date”). The Loan will ac
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000121390022067414/0001213900-22-067414-index.htm
- Material Agreements
  Wheeler Real Estate Investment Trust, Inc. entered into Loan Agreement with Guggenheim Real Estate, LLC valued at $110,000,000 (effective 2022-10-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Guggenheim Real Estate, LLC
  - Value: $110,000,000
  - Effective: 2022-10-28
  source text: On October 28, 2022, Cedar Brickyard, LLC, Cedar Brickyard II, LLC, Cedar-Fairview Commons, LLC, Cedar-Gold Star Plaza, LLC, Cedar Golden Triangle, LLC, Cedar Hamburg, LLC, Pine Grove Plaza Associates, LLC, Cedar Southington Plaza, LLC, Cedar-Trexler, LLC, Washington Center L.L.C. 1, Greentree Road, L.L.C. 1, Cedar-PC Plaza, LLC, and Cedar-PC Annex, LLC, each a Delaware limited liability company (collectively, the “Borrower”) and wholly owned indirect subsidiary of the Company and the Operating Partnership, entered into a Term Loan Agreement (the “Loan Agreement”) with Guggenheim Real Estate, LLC, a Delaware limited liability company (the “Lender”). Under the Loan Agreement, the Lender agreed to make a term loan to the Borrower in the principal amount of $110,000,000 (the “Loan”), with a scheduled maturity date of November 10, 2032
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000121390022067414/0001213900-22-067414-index.htm
- Material Agreements
  Wheeler Real Estate Investment Trust, Inc. entered into Indemnity Agreement with Guggenheim Real Estate, LLC (effective 2022-10-28).
  - Action: entry
  - Counterparty: Guggenheim Real Estate, LLC
  - Effective: 2022-10-28
  source text: The Operating Partnership serves as guarantor on the Loan for the purpose of indemnifying the Lender for certain bad acts and liabilities and guaranteeing the payment of the Loan in the event of certain other bad acts pursuant to the Limited Recourse Indemnity Agreement made by the Operating Partnership in favor of the Lender as of October 28, 2022 (the “Indemnity Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000121390022067414/0001213900-22-067414-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.