secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Realty Trust, Inc. (—)
CIK:        0001446371
Form:       8-K
Filed at:   2024-01-24T23:59:59+00:00
Accession:  0001446371-24-000002
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 2.04
LLM model:  deepseek-v4-flash:cloud@v2

Strategic Realty Trust receives default notice on $18M secured loan; expects to cure
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- Lender notified default on SRT Loan (principal ~$18.0M) after failure to pay Jan 9, 2024 maturity.
- Loan secured by six properties: five in San Francisco and Silverlake Collection in Los Angeles.
- Company expects to satisfy conditions to extend maturity to Jan 9, 2025 and cure default.
- If unable to cure, lender could foreclose on the collateral properties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1446371/000144637124000002/0001446371-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1446371/000144637124000002/srtr-20240118.htm
  HTML page:      https://secwatch.observer/filing/0001446371-24-000002

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