---
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"
generated_at: "2026-05-27T06:46:38.147054+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# KBS REIT III extends $465.9M portfolio loan to Feb 6, 2025; cites substantial doubt about going concern

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482430-25-000003
- JSON: https://secwatch.observer/filing/0001482430-25-000003.json
- Plain text: https://secwatch.observer/filing/0001482430-25-000003.txt

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