{"schema_version":"secwatch.filing_event.v1","accession":"0001482430-25-000003","form_type":"8-K","ticker":"KBSR","cik":"0001482430","company_name":"KBS Real Estate Investment Trust III, Inc.","filed_at":"2025-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.746563+00:00","generated_at":"2026-05-27T06:46:38.147054+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"KBS REIT III extends $465.9M portfolio loan to Feb 6, 2025; cites substantial doubt about going concern","bullets":["Short-term extension of Amended & Restated Portfolio Loan Facility to Feb 6, 2025; additional $4.97M advanced for property taxes.","Outstanding principal ~$465.9M as of Jan 27, 2025; facility secured by five properties.","Lenders waived debt service coverage and net worth covenants through maturity.","KBS REIT III continues to seek longer-term extension but no assurance; substantial doubt about ability to continue as going concern."],"urls":{"canonical":"https://secwatch.observer/filing/0001482430-25-000003","json":"https://secwatch.observer/filing/0001482430-25-000003.json","markdown":"https://secwatch.observer/filing/0001482430-25-000003.md","text":"https://secwatch.observer/filing/0001482430-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1482430/000148243025000003/0001482430-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1482430/000148243025000003/kbsriii-20250123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T06:46:38.147054+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"}