secwatch.observer — SEC 8-K summary
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Issuer:     Peakstone Realty Trust (PKST)
CIK:        0001600626
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001600626-23-000091
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peakstone Q1: Net income $0.17/sh, AFFO $0.68; sold $170M properties, paid $400M term loan
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- Revenue $67.0M; net income attributable to common shareholders $6.0M ($0.17 per share).
- FFO $0.37/sh and AFFO $0.68/sh per share/unit; Same Store Cash NOI $48.4M.
- Sold three properties for $169.6M gross; recorded net gain of $30.6M.
- Paid off $400M term loan and $19.1M secured loan; extended revolver to Jan 2026.
- Subsequent: redeemed all Series A preferred shares for $125M; common shares listed on NYSE Apr 13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600626/000160062623000091/0001600626-23-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600626/000160062623000091/gcnl-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001600626-23-000091

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