{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-009656","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":"2026-05-14T18:02:43.926064+00:00","generated_at":"2026-05-18T00:14:11.655897+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sterling Real Estate Trust enters $10M revolving promissory note with affiliate at 6.75%","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-009656","json":"https://secwatch.observer/filing/0001558370-25-009656.json","markdown":"https://secwatch.observer/filing/0001558370-25-009656.md","text":"https://secwatch.observer/filing/0001558370-25-009656.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009656/0001558370-25-009656-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009656/sret-20250625x8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-18T00:14:11.655897+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":"255a6bbf193af0313eeda41b54adb803dea456d4","claim":"Sterling Real Estate Trust incurred loan of $10,000,000 with Sterling Office and Industrial Properties, LLLP at 6.75%.","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 6.75% interest rate.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1412502/000155837025009656/0001558370-25-009656-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":"6.75%"},{"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"}