{"schema_version":"secwatch.filing_event.v1","accession":"0001482430-24-000071","form_type":"8-K","ticker":"KBSR","cik":"0001482430","company_name":"KBS Real Estate Investment Trust III, Inc.","filed_at":"2024-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.558434+00:00","generated_at":"2026-05-29T03:30:25.320013+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"KBS REIT III extends $306M Accenture Tower loan to Dec 18; lenders waive key covenants","bullets":["Maturity extended twice: first to Dec 13 then to Dec 18, 2024.","Outstanding balance $306.0M ($229.5M term + $76.5M revolving).","Lenders waived net worth, leverage ratio, and EBITDA-to-fixed-charges covenants through Dec 18.","Company warns of substantial doubt about going concern for at least one year from Nov 14, 2024.","No assurance of longer-term extension or refinancing; loan cross-default provisions may accelerate other debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001482430-24-000071","json":"https://secwatch.observer/filing/0001482430-24-000071.json","markdown":"https://secwatch.observer/filing/0001482430-24-000071.md","text":"https://secwatch.observer/filing/0001482430-24-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1482430/000148243024000071/0001482430-24-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1482430/000148243024000071/kbsriii-20241209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T03:30:25.320013+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}