{"schema_version":"secwatch.filing_event.v1","accession":"0001482430-25-000049","form_type":"8-K","ticker":"KBSR","cik":"0001482430","company_name":"KBS Real Estate Investment Trust III, Inc.","filed_at":"2025-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.083983+00:00","generated_at":"2026-05-17T05:23:49.424616+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"KBS REIT III completes $100M sale of Park Place Village, repays debt","bullets":["Sold Park Place Village (Leawood, KS) for gross $100M, net $95.5M after closing costs and $0.8M disposition fee.","Net proceeds used to pay off $65.2M mortgage loan and reduce Credit Facility by $25.4M to $37.5M outstanding.","Remaining net proceeds retained for general liquidity needs.","Property is 484,980 sq ft mixed-use on 17.1 acres; acquired June 2015."],"urls":{"canonical":"https://secwatch.observer/filing/0001482430-25-000049","json":"https://secwatch.observer/filing/0001482430-25-000049.json","markdown":"https://secwatch.observer/filing/0001482430-25-000049.md","text":"https://secwatch.observer/filing/0001482430-25-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1482430/000148243025000049/0001482430-25-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1482430/000148243025000049/kbsriii-20250923.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:23:49.424616+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"}