{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-21-022261","form_type":"8-K","ticker":"PW","cik":"0001532619","company_name":"Power REIT","filed_at":"2021-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.477793+00:00","generated_at":"2026-06-29T04:49:23.393293+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Power REIT closes $18.4M acquisition of 556K sq ft Michigan cannabis greenhouse; 20-year lease with 14.7% yield","bullets":["Acquired 61-acre, 556,146 sq ft cannabis greenhouse for $18.4M; largest acquisition to date.","Entered 20-year triple-net lease with Millennium Cannabis subsidiary; includes two five-year renewal options.","Lease provides straight-line annual rent ~$4.3M; 14.7% yield escalating at 3% annually after capital return period.","Agreed to fund ~$3M in capital improvements for light deprivation, propagation, and site upgrades.","Forward Core FFO run rate of $3.59/share based on in-place transactions; management expects non-dilutive capital for further growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-21-022261","json":"https://secwatch.observer/filing/0001493152-21-022261.json","markdown":"https://secwatch.observer/filing/0001493152-21-022261.md","text":"https://secwatch.observer/filing/0001493152-21-022261.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1532619/000149315221022261/0001493152-21-022261-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1532619/000149315221022261/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T04:49:23.393293+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"}