Sterling Real Estate Trust guarantees $10M revolving note from operating partnership to affiliate

Sterling Real Estate Trust

On June 25, 2025, Sterling Properties LLLP issued $10M revolving note to Sterling Office and Industrial Properties LLLP.
Note bears initial 5.25% variable rate; Administrator may adjust rate with 30 days' notice.
Maturity date December 31, 2025; Administrator has call option to demand repayment with 30 days' notice.
Sterling Real Estate Trust guarantees the note; note is between related entities.

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