{"schema_version":"secwatch.filing_event.v1","accession":"0001411059-23-000033","form_type":"8-K","ticker":null,"cik":"0001411059","company_name":"KBS Real Estate Investment Trust II, Inc.","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.759496+00:00","generated_at":"2026-06-17T05:46:26.893519+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"KBS REIT II sells Union Bank Plaza for $104M, down from $155M original price","bullets":["Sale closed March 30, 2023; price reduced from $155M to $104M after 13 amendments.","Third-party closing costs of ~$1.1M; disposition fees payable to Advisor excluded.","Net cash proceeds of $90.2M (after deducting $10.5M in extension fees already paid).","Pro forma net assets in liquidation as of Dec 31, 2022: $133.6M, up $0.2M from historical.","Property was a 40-story, 701,888 sq ft office building in Los Angeles."],"urls":{"canonical":"https://secwatch.observer/filing/0001411059-23-000033","json":"https://secwatch.observer/filing/0001411059-23-000033.json","markdown":"https://secwatch.observer/filing/0001411059-23-000033.md","text":"https://secwatch.observer/filing/0001411059-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1411059/000141105923000033/0001411059-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1411059/000141105923000033/kbsrii-20230330.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T05:46:26.893519+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":"b5553d2c31b5910ddebd4bbd1bdc1ed4fedfc384","claim":"KBS Real Estate Investment Trust II, Inc. completed a disposition involving WB Union Plaza Holdings LLC for $104.0 million (closed 2023-03-30).","evidence_excerpt":"On March 30, 2023, the Company completed the sale of Union Bank Plaza to the Purchaser for $104.0 million, before third-party closing costs of approximately $1.1 million and excluding disposition fees payable to the Advisor.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1411059/000141105923000033/0001411059-23-000033-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"WB Union Plaza Holdings LLC"},{"label":"Consideration","value":"$104.0 million"},{"label":"Closing","value":"2023-03-30"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}