---
schema_version: "secwatch.filing_event.v1"
accession: "0001527541-23-000028"
form_type: "8-K"
ticker: "WHLR"
cik: "0001527541"
company_name: "Wheeler Real Estate Investment Trust, Inc."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:44:11.901999+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wheeler REIT enters $53.07M term loan with Guggenheim at 6.24% fixed rate, matures 2033

## Summary
- Loan principal $53,070,000 from Guggenheim Real Estate LLC; fixed rate 6.24% per annum.
- Maturity date June 10, 2033; interest payable monthly starting July 10, 2023; principal amortization begins July 2028.
- Proceeds used to refinance owned properties, pay expenses, fund reserves, and working capital.
- Financial covenants: consolidated net worth >= $75M and minimum liquidity >= $6M for Operating Partnership guarantor.
- Loan secured by mortgage-level collateral on multiple retail properties held by wholly owned subsidiaries.

## SEC filing metadata
- accession: 0001527541-23-000028
- form_type: 8-K
- ticker: WHLR
- cik: 0001527541
- company_name: Wheeler Real Estate Investment Trust, Inc.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527541/000152754123000028/0001527541-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527541/000152754123000028/whlr-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001527541-23-000028
- JSON: https://secwatch.observer/filing/0001527541-23-000028.json
- Plain text: https://secwatch.observer/filing/0001527541-23-000028.txt

## Key facts
- Debt Financings
  Wheeler Real Estate Investment Trust, Inc. incurred term loan of $53,070,000 with Guggenheim Real Estate, LLC at 6.24% per annum maturing June 10, 2033.
  - Instrument: term loan
  - Principal: $53,070,000
  - Counterparty: Guggenheim Real Estate, LLC
  - Rate: 6.24% per annum
  - Maturity: June 10, 2033
  - Event: incurrence
  source text: entered into a Term Loan Agreement (the “Loan Agreement”) with Guggenheim Real Estate, LLC (the “Lender”). Under the Loan Agreement, the Lender agreed to make a loan to the Borrower in the principal amount of $53,070,000 (the “Loan”), with a scheduled maturity date of June 10, 2033
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000152754123000028/0001527541-23-000028-index.htm
- Material Agreements
  Wheeler Real Estate Investment Trust, Inc. entered into Term Loan Agreement with Guggenheim Real Estate, LLC valued at $53,070,000 (effective 2023-05-18).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Guggenheim Real Estate, LLC
  - Value: $53,070,000
  - Effective: 2023-05-18
  source text: entered into a Term Loan Agreement (the “Loan Agreement”) with Guggenheim Real Estate, LLC (the “Lender”). Under the Loan Agreement, the Lender agreed to make a loan to the Borrower in the principal amount of $53,070,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527541/000152754123000028/0001527541-23-000028-index.htm

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