{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-033430","form_type":"8-K","ticker":null,"cik":"0000928953","company_name":"PILLARSTONE CAPITAL REIT","filed_at":"2023-12-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.445207+00:00","generated_at":"2026-06-07T19:07:36.319576+00:00","sec_items":["2.04","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Pillarstone subsidiary files Chapter 11 to halt foreclosure on $14.4M loan","bullets":["Whitestone Uptown Tower, LLC filed Chapter 11 on Dec 1, 2023, in Northern District of Texas.","Default on $14.4M principal mortgage loan; total payoff estimate $18.8M including $6.5M default interest.","Filing halts foreclosure sale scheduled for Dec 5, 2023; dispute with Whitestone REIT blocked property sale.","Whitestone REIT subsidiary is guarantor; Delaware Chancery Court trial held July 2023 awaiting decision."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-033430","json":"https://secwatch.observer/filing/0001437749-23-033430.json","markdown":"https://secwatch.observer/filing/0001437749-23-033430.md","text":"https://secwatch.observer/filing/0001437749-23-033430.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/928953/000143774923033430/0001437749-23-033430-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/928953/000143774923033430/pscr20231201_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:07:36.319576+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":"a4a0babfa1ee42e1484aff1db1962aa7f9a75e2d","claim":"PILLARSTONE CAPITAL REIT reported a default on mortgage of outstanding principal balance of approximately $14.4 million with Rialto Capital Advisors, LLC at default interest maturing October 1, 2023.","evidence_excerpt":"Uptown Loan. The estimated payoff amount was listed as approximately $18.8 million, net of escrows and reserves, which included an outstanding principal balance of approximately $14.4 million and approximately $6.5 million of default interest. On December 1, 2023, Whitestone Uptown Tower issued a press release relating to the filing, a copy of which is attached hereto","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/928953/000143774923033430/0001437749-23-033430-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"mortgage"},{"label":"Principal","value":"outstanding principal balance of approximately $14.4 million"},{"label":"Counterparty","value":"Rialto Capital Advisors, LLC"},{"label":"Rate","value":"default interest"},{"label":"Maturity","value":"October 1, 2023"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}