---
schema_version: "secwatch.filing_event.v1"
accession: "0001631256-24-000006"
form_type: "8-K"
ticker: null
cik: "0001631256"
company_name: "KBS Growth & Income REIT, Inc."
filed_at: "2024-04-12T23:59:59+00:00"
generated_at: "2026-06-03T23:24:27.381110+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# KBS Growth & Income REIT sells The Offices at Greenhouse for $18.3M, expects discounted loan payoff

## Summary
- Sale price of $18.3M to unaffiliated Red River Asset Management; closing expected by May 17, 2024.
- Modified term loan of $36.0M with JP Morgan can be paid off at discount using net sale proceeds.
- Loan maturity extended to May 31, 2024 via Fourth Modification Agreement.
- If sale fails, discounted payoff terminates and full $36.0M loan remains outstanding.
- Purchaser may forfeit up to $0.8M if it fails to complete acquisition.

## SEC filing metadata
- accession: 0001631256-24-000006
- form_type: 8-K
- cik: 0001631256
- company_name: KBS Growth & Income REIT, Inc.
- filed_at: 2024-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1631256/000163125624000006/0001631256-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631256/000163125624000006/kbsgi-20240405.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001631256-24-000006
- JSON: https://secwatch.observer/filing/0001631256-24-000006.json
- Plain text: https://secwatch.observer/filing/0001631256-24-000006.txt

## Key facts
- Debt Financings
  KBS Growth & Income REIT, Inc. amended loan with JP Morgan Chase Bank, N.A. maturing May 31, 2024.
  - Instrument: loan
  - Counterparty: JP Morgan Chase Bank, N.A.
  - Maturity: May 31, 2024
  - Event: amendment
  source text: the Owner entered into a fourth modification agreement with the Lender to extend the maturity date of the Modified Term Loan to May 31, 2024 (the “Fourth Modification Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1631256/000163125624000006/0001631256-24-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.