{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-009655","form_type":"8-K/A","ticker":null,"cik":"0001412502","company_name":"Sterling Real Estate Trust","filed_at":"2025-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.925866+00:00","generated_at":"2026-05-18T00:12:44.540291+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Sterling Real Estate Trust enters $10M revolving credit note at 5.25% to affiliate","bullets":["Revolving promissory note of $10,000,000 at 5.25% interest, maturing December 31, 2025.","Lender is operating partnership Sterling Properties, LLLP; borrower is Sterling Office and Industrial Properties, LLLP.","Note is guaranteed by Sterling Real Estate Trust; lender can demand repayment on 30 days' notice.","Transaction is between related parties under common control; interest rate adjustable by administrator.","Borrower may prepay without penalty; monthly interest-only payments starting August 10, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-009655","json":"https://secwatch.observer/filing/0001558370-25-009655.json","markdown":"https://secwatch.observer/filing/0001558370-25-009655.md","text":"https://secwatch.observer/filing/0001558370-25-009655.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009655/0001558370-25-009655-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009655/sret-20250625x8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T00:12:44.540291+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":"a49b4d8de646c1c4e59be881453c84479ddbe776","claim":"Sterling Real Estate Trust incurred loan of $10,000,000 with Sterling Office and Industrial Properties, LLLP at 5.25%.","evidence_excerpt":"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. The Borrower may prepay the Revolving Promissory Note without penalty. ​ The Revolving Promissory Note","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009655/0001558370-25-009655-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"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"}