secwatch.observer — SEC 8-K summary
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Issuer:     Peakstone Realty Trust (PKST)
CIK:        0001600626
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001600626-23-000128
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Peakstone Realty Trust posts $452.4M net loss in Q2, impairment $397.4M, AFFO $0.73
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- Revenue $62.5M, down 49% YoY; net loss attributable to common $(416.5M), $(11.59)/share.
- Non-cash office asset impairment $397.4M; FFO $(0.27)/share, AFFO $0.73/share.
- Sold five office properties in Q2 for $130.8M, YTD total $300.4M; deleveraging continues.
- Dividend maintained at $0.225/share; Board approved $200M ATM offering program post-quarter.
- Liquidity $394.6M ($360.6M cash, $34M revolver); total consolidated debt $1.5B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600626/000160062623000128/0001600626-23-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600626/000160062623000128/gcnl-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001600626-23-000128

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