---
schema_version: "secwatch.filing_event.v1"
accession: "0001452936-25-000080"
form_type: "8-K"
ticker: null
cik: "0001452936"
company_name: "Pacific Oak Strategic Opportunity REIT, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:24:25.868066+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pacific Oak Strategic Opportunity REIT enters $80M credit agreement; refinances Series C bonds

## Summary
- Loan of $80M secured by three properties; SOFR+6.5% per annum with 3.5% floor, interest-only monthly payments.
- Approximately $44.8M used to fully repay and delist Series C bonds from Tel Aviv Stock Exchange.
- Partial principal repayments: min $45M upon second phase of Park Highlands sale (Dec 2026), min $35M upon third phase.
- Credit Agreement termination Dec 1, 2027 (or Mar 1, 2028 if Park Highlands sale not completed); 4% voluntary prepayment exit fee.
- Guarantors provide full recourse until Series B/D bonds extended; thereafter limited to bad-boy guarantees.

## SEC filing metadata
- accession: 0001452936-25-000080
- form_type: 8-K
- cik: 0001452936
- company_name: Pacific Oak Strategic Opportunity REIT, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1452936/000145293625000080/0001452936-25-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1452936/000145293625000080/pacoaksor-20250729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001452936-25-000080
- JSON: https://secwatch.observer/filing/0001452936-25-000080.json
- Plain text: https://secwatch.observer/filing/0001452936-25-000080.txt

## Key facts
- Debt Financings
  Pacific Oak Strategic Opportunity REIT, Inc. incurred credit facility of $80.0 million with Whitehawk Capital Partners LP at SOFR + 6.5% per annum, with a floor of 3.5% on the SOFR rate maturing the earlier of (a) December 1, 2027, or, if the sale of the third and final phase of the Park Highlands land has not been completed by such time (the “Park High.
  - Instrument: credit facility
  - Principal: $80.0 million
  - Counterparty: Whitehawk Capital Partners LP
  - Rate: SOFR + 6.5% per annum, with a floor of 3.5% on the SOFR rate
  - Maturity: the earlier of (a) December 1, 2027, or, if the sale of the third and final phase of the Park Highlands land has not been completed by such time (the “Park High
  - Event: incurrence
  source text: The Credit Agreement provides for a loan in the aggregate principal amount of $80.0 million (the “Loan”), secured by the Borrowers’ ownership interests in three properties
  evidence_url: https://www.sec.gov/Archives/edgar/data/1452936/000145293625000080/0001452936-25-000080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.