Hartman vREIT XXI, Inc.: debt financing — Hartman vREIT XXI extends $41.9M credit facility to July 2027, fixes rate at 6.49%

Hartman vREIT XXI, Inc.

Amends $41.9M master credit facility with East West Bank; maturity extended to July 15, 2027.
Interest rate fixed at 6.49% for remaining 24 months via derivative, ~75 bps below prime minus 0.25%.
New minimum DSCR 1.40 tested semi-annually; if DSCR falls below 1.10, immediate default with 10-day cure by principal paydown.
Facility collateralized by 8 office and 1 retail property in Houston and San Antonio, TX.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Hartman vREIT XXI, Inc. amended credit facility of approximately $41.9 million with East West Bank at prime rate less a margin of 0.25% maturing July 15, 2027.

Instrument: credit facility
Principal: approximately $41.9 million
Counterparty: East West Bank
Rate: prime rate less a margin of 0.25%
Maturity: July 15, 2027
Event: amendment

Exact text from the filing

to the master credit facility agreement dated December 27, 2018 with East West Bank (“Lender”). The Modification acknowledges the unpaid principal balance of approximately $41.9 million as of August 13, 2025, and extends the term of the master credit facility agreement to July 15, 2027. The promissory note bears interest at the prime rate, as defined in the

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Source: SEC EDGAR

accession 0001654948-25-000024

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