{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-001835","form_type":"8-K","ticker":"PW","cik":"0001532619","company_name":"Power REIT","filed_at":"2024-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.525213+00:00","generated_at":"2026-06-07T01:28:13.349062+00:00","sec_items":["2.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Power REIT sells two Colorado cannabis greenhouses for $1.325M; provides seller financing","bullets":["Sale price of $1,325,000 for Sherman 6 and Tamarack 14 properties in Ordway, CO; one vacant.","Seller financing note of $1,250,000 at 10% initial interest rate, three-year maturity, fixed amortization.","Sale is part of strategic review to enhance liquidity amid financial pressure on cannabis tenants.","Wholesale cannabis market downturn cited as putting significant pressure on tenants and Power REIT.","Note secured by first mortgage and personal/corporate guarantees from the tenant affiliate."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-001835","json":"https://secwatch.observer/filing/0001493152-24-001835.json","markdown":"https://secwatch.observer/filing/0001493152-24-001835.md","text":"https://secwatch.observer/filing/0001493152-24-001835.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1532619/000149315224001835/0001493152-24-001835-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1532619/000149315224001835/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T01:28:13.349062+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":[{"claim_id":"1b31c3224bea047ee3900412dfd7f6e17e0dec41","claim":"Power REIT completed a disposition involving an affiliate of a tenant of one of the properties for sale price was $1,325,000; seller financing provided in the amount of $1,250,000 with an initial 10% interest rate that increases over time until maturity, thre (closed 2024-01-08).","evidence_excerpt":"of one of the properties. The properties are described in prior filings as Sherman 6 (affiliated with the tenant/purchaser) and Tamarack 14 which was vacant. The sale price was $1,325,000. As part of the transaction, a subsidiary provided seller financing in the amount of $1,250,000 with an initial 10% interest rate that increases over time until maturity. The","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1532619/000149315224001835/0001493152-24-001835-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"an affiliate of a tenant of one of the properties"},{"label":"Consideration","value":"sale price was $1,325,000; seller financing provided in the amount of $1,250,000 with an initial 10% interest rate that increases over time until maturity, thre"},{"label":"Closing","value":"2024-01-08"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}