---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-002034"
form_type: "8-K"
ticker: null
cik: "0001412502"
company_name: "Sterling Real Estate Trust"
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T17:19:26.850003+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Sterling Real Estate Trust enters $10M revolving note at 5.25% due Dec 2025

## Summary
- Borrower Sterling Properties, LLLP draws up to $10M from affiliate Sterling Office and Industrial Properties, LLLP.
- Note bears variable initial rate of 5.25%, interest-only monthly payments starting April 10, 2025.
- Maturity date December 31, 2025; lender has call option on 30 days' notice.
- The Company guarantees the note; prepayment permitted without penalty.
- Related-party transaction: Borrower and Lender are both controlled by Sterling Real Estate Trust.

## SEC filing metadata
- accession: 0001558370-25-002034
- form_type: 8-K
- cik: 0001412502
- company_name: Sterling Real Estate Trust
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412502/000155837025002034/0001558370-25-002034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412502/000155837025002034/sret-20250226x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-002034
- JSON: https://secwatch.observer/filing/0001558370-25-002034.json
- Plain text: https://secwatch.observer/filing/0001558370-25-002034.txt

## Key facts
- Debt Financings
  Sterling Real Estate Trust incurred revolving credit of $10,000,000 with Sterling Office and Industrial Properties, LLLP at 5.25%.
  - Instrument: revolving credit
  - Principal: $10,000,000
  - Counterparty: Sterling Office and Industrial Properties, LLLP
  - Rate: 5.25%
  - Event: incurrence
  source text: On February 26, 2025, Sterling Real Estate Trust (the "Company"), through its operating partnership, Sterling Properties L.L.L.P. (the "Borrower") entered into a promissory note with Sterling Office and Industrial Properties, LLLP (the "Lender") pursuant to which the Borrower [has borrowed/borrow up to] the principal amount of $10,000,000 from the Lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1412502/000155837025002034/0001558370-25-002034-index.htm

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