---
schema_version: "secwatch.filing_event.v1"
accession: "0001482430-23-000057"
form_type: "8-K"
ticker: "KBSR"
cik: "0001482430"
company_name: "KBS Real Estate Investment Trust III, Inc."
filed_at: "2023-12-08T23:59:59+00:00"
generated_at: "2026-06-07T15:31:56.421971+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# KBS REIT III extends Accenture Tower loan maturity to Nov 2024; capacity cut to $306M

## Summary
- Exercised first 12-month extension on $375M Accenture Tower Revolving Loan; new maturity Nov 2, 2024.
- Borrowing capacity reduced to $306M ($229.5M term, $76.5M revolving); one extension option remains.
- Outstanding balance Dec 1, 2023: $281.3M ($229.5M term + $51.8M revolving); $24.7M revolving available.
- Original maturity had been extended to Dec 4, 2023 before exercising the first extension option.

## SEC filing metadata
- accession: 0001482430-23-000057
- form_type: 8-K
- ticker: KBSR
- cik: 0001482430
- company_name: KBS Real Estate Investment Trust III, Inc.
- filed_at: 2023-12-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482430/000148243023000057/0001482430-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482430/000148243023000057/kbsriii-20231201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482430-23-000057
- JSON: https://secwatch.observer/filing/0001482430-23-000057.json
- Plain text: https://secwatch.observer/filing/0001482430-23-000057.txt

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