secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Realty Trust, Inc. (—)
CIK:        0001446371
Form:       8-K
Filed at:   2024-09-18T23:59:59+00:00
Accession:  0001446371-24-000029
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strategic Realty Trust sells San Francisco assets for $10.9M; repays loan
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- Five retail properties sold to HFGO Investors (Moran Capital affiliate) on Sept 12, 2024 for $10.9M cash.
- Net proceeds of $9.8M used to partially repay PHP Holding Company VI loan; balance now ~$8.1M secured by Silverlake Collection.
- San Francisco assets released from deed of trust; pro forma net assets in liquidation unchanged at $4.27M.
- Sale includes 400 Grove, 8 Octavia, Fulton Shops, 450 Hayes, and 388 Fulton.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1446371/000144637124000029/0001446371-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1446371/000144637124000029/srtr-20240912.htm
  HTML page:      https://secwatch.observer/filing/0001446371-24-000029

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