{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-009007","form_type":"8-K","ticker":null,"cik":"0001412502","company_name":"Sterling Real Estate Trust","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.213118+00:00","generated_at":"2026-05-18T12:30:21.235234+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Sterling Real Estate Trust guarantees $10M revolving note from operating partnership to affiliate","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-009007","json":"https://secwatch.observer/filing/0001558370-25-009007.json","markdown":"https://secwatch.observer/filing/0001558370-25-009007.md","text":"https://secwatch.observer/filing/0001558370-25-009007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009007/0001558370-25-009007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009007/sret-20250625x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T12:30:21.235234+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":"285a3f5feb53261426f2af3e95f7ee5fd41862b8","claim":"Sterling Real Estate Trust incurred revolving credit of $10,000,000 with Sterling Office and Industrial Properties, LLLP at 5.25%.","evidence_excerpt":"On June 25, 2025, Sterling Real Estate Trust (the “Company”), through its operating partnership, Sterling Properties L.L.L.P. (the “Lender”) entered into a promissory note with Sterling Office and Industrial Properties, LLLP (the “Borrower”) pursuant to which the Borrower [has borrowed/borrow up to] the principal amount of $10,000,000 from the Lender. The Revolving Promissory Note bears a 5.25% interest rate.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009007/0001558370-25-009007-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$10,000,000"},{"label":"Counterparty","value":"Sterling Office and Industrial Properties, LLLP"},{"label":"Rate","value":"5.25%"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}