---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-075397"
form_type: "8-K"
ticker: "OLP"
cik: "0000712770"
company_name: "ONE LIBERTY PROPERTIES INC"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T22:24:22.894527+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# OLP joint venture to sell NJ shopping center; expects $800k-$900k equity loss

## Summary
- 50%-owned joint venture contracted to sell Manahawkin, NJ property for ~$36.5M; OLP net proceeds ~$6-8M.
- Closing expected late 2023; proceeds to reduce credit facility ($16.5M at 7.07% as of Aug 31, 2023).
- OLP anticipates Q3 2023 equity in loss from venture of $800k-$900k vs $79k earned in H1 2023.
- Regal Cinemas is a tenant at the property; Regal repaid $51k deferred rent in H1 2023.

## SEC filing metadata
- accession: 0001213900-23-075397
- form_type: 8-K
- ticker: OLP
- cik: 0000712770
- company_name: ONE LIBERTY PROPERTIES INC
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.06, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712770/000121390023075397/0001213900-23-075397-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712770/000121390023075397/ea184756-8k_oneliberty.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-075397
- JSON: https://secwatch.observer/filing/0001213900-23-075397.json
- Plain text: https://secwatch.observer/filing/0001213900-23-075397.txt

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