{"schema_version":"secwatch.filing_event.v1","accession":"0001476045-23-000062","form_type":"8-K","ticker":"CLDT","cik":"0001476045","company_name":"Chatham Lodging Trust","filed_at":"2023-09-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.030606+00:00","generated_at":"2026-06-11T00:27:39.718949+00:00","sec_items":["2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Chatham Lodging Trust issues ~$83M in fixed-rate debt, clears all 2024 maturities","bullets":["Five first mortgage loans totaling ~$83M: $24.5M at 7.608% (5yr) and $58.4M at 7.3-7.4% (10yr).","Proceeds will repay $41M maturing mortgage on Residence Inn Bellevue in September.","Remaining $42M plus $260M credit facility provide $302M to cover $300M in 2024 debt maturities.","Only 14 of 39 hotels encumbered after Bellevue repayment; no debt due 2025 except one $19M loan.","CEO says balance sheet flexibility allows refinancing, acquisitions or other investments."],"urls":{"canonical":"https://secwatch.observer/filing/0001476045-23-000062","json":"https://secwatch.observer/filing/0001476045-23-000062.json","markdown":"https://secwatch.observer/filing/0001476045-23-000062.md","text":"https://secwatch.observer/filing/0001476045-23-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1476045/000147604523000062/0001476045-23-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1476045/000147604523000062/cldt-20230830.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T00:27:39.718949+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":"22fa6994895e17d067dac8484b366e74d65787e8","claim":"Chatham Lodging Trust incurred loan of $9.0 million with Wells Fargo Bank at 7.332 percent maturing in 2033.","evidence_excerpt":"and (2) a $9.0 million loan that is secured by the Courtyard Summerville, SC, respectively. Each loan carries an interest rate of 7.332 percent, is interest-only and matures in 2033.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1476045/000147604523000062/0001476045-23-000062-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$9.0 million"},{"label":"Counterparty","value":"Wells Fargo Bank"},{"label":"Rate","value":"7.332 percent"},{"label":"Maturity","value":"in 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"abbcb16c9932be1cf6af52d24e94d1d303b95629","claim":"Chatham Lodging Trust incurred loan of $39.9 million with Barclays Capital Real Estate at 7.4 percent per annum maturing 10-year.","evidence_excerpt":"On August 16, 2023, two 10-year loans aggregating $39.9 million were provided by Barclays Capital Real Estate and are secured by the Residence Inn and TownePlace Suites Austin Northwest / The Domain. The loans carry a fixed interest rate of 7.4 percent per annum","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1476045/000147604523000062/0001476045-23-000062-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$39.9 million"},{"label":"Counterparty","value":"Barclays Capital Real Estate"},{"label":"Rate","value":"7.4 percent per annum"},{"label":"Maturity","value":"10-year"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"db89840fe3db4add617ca32eb2fce764b70937f8","claim":"Chatham Lodging Trust incurred loan of $24.5 million with Wells Fargo Bank at 7.608 percent maturing in 2028.","evidence_excerpt":"On August 30, 2023, an indirect, wholly owned subsidiary of Chatham Lodging Trust (the \"Company\") closed on a $24.5 million loan that is secured by the Courtyard Dallas (TX) Downtown hotel. The loan carries an interest rate of 7.608 percent, is interest-only and matures in 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1476045/000147604523000062/0001476045-23-000062-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$24.5 million"},{"label":"Counterparty","value":"Wells Fargo Bank"},{"label":"Rate","value":"7.608 percent"},{"label":"Maturity","value":"in 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"de3172a2e9e3f2f8badfa07d108da43edb7056db","claim":"Chatham Lodging Trust incurred loan of $9.5 million with Wells Fargo Bank at 7.332 percent maturing in 2033.","evidence_excerpt":"On August 31, 2023, another two (2) indirect, wholly owned subsidiaries of the Company closed on (1) a $9.5 million loan that is secured by the Residence Inn in Summerville, SC","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1476045/000147604523000062/0001476045-23-000062-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$9.5 million"},{"label":"Counterparty","value":"Wells Fargo Bank"},{"label":"Rate","value":"7.332 percent"},{"label":"Maturity","value":"in 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}