Sterling Real Estate Trust enters $10M revolving promissory note with affiliate at 6.75%

Sterling Real Estate Trust

Sterling Real Estate Trust, through its operating partnership, lent $10,000,000 to Sterling Office and Industrial Properties, LLLP.
The revolving note carries a 6.75% initial interest rate, adjustable by the administrator, with a default rate plus 5.00%.
Maturity date is December 31, 2025, with a lender call option on 30 days' notice and no prepayment penalty.
The note is guaranteed by Sterling Real Estate Trust and involves related entities: Sterling Properties LLLP (lender) and Sterling Management LLC (administrator).
This Amended Form 8-K/A corrects a misspelling of the registrant's name on the cover; the original obligation was reported on June 30, 2025.

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