{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-000422","form_type":"8-K","ticker":"GYRO","cik":"0001589061","company_name":"Gyrodyne, LLC","filed_at":"2024-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.719619+00:00","generated_at":"2026-06-07T04:40:28.116329+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Gyrodyne secures $1.5M term mortgage loan for working capital","bullets":["Principal $1.5M from LLYR Resources, LLC; two-year term, floating rate at 1.5% above Wall Street Prime Rate.","Loan secured by first mortgages on Cortlandt Manor, NY properties (1989 & 1987 Crompond Rd; 206 Buttonwood Ave & vacant land).","Company unconditionally guarantees the loan; net proceeds used for general working capital.","Interest payable monthly; loan may be prepaid in whole or in part without prepayment fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-000422","json":"https://secwatch.observer/filing/0001437749-24-000422.json","markdown":"https://secwatch.observer/filing/0001437749-24-000422.md","text":"https://secwatch.observer/filing/0001437749-24-000422.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589061/000143774924000422/0001437749-24-000422-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589061/000143774924000422/gyrllc20240103_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T04:40:28.116329+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":"9db8de0b7ef3ceea42086fdb87edc66f65ebdc20","claim":"Gyrodyne, LLC entered into Mortgage Loan with LLYR Resources, LLC valued at $1,500,000 (effective 2023-12-27).","evidence_excerpt":"the Company, through its subsidiaries GSD Cortlandt, LLC (“GSD Cortlandt”) and Buttonwood Acquisition, LLC (“Buttonwood”), secured a term mortgage loan (the “Mortgage Loan”) on December 27, 2023 in the principal amount of $1,500,000 with LLYR Resources, LLC.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1589061/000143774924000422/0001437749-24-000422-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"LLYR Resources, LLC"},{"label":"Value","value":"$1,500,000"},{"label":"Effective","value":"2023-12-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}