secwatch.observer — SEC 8-K summary
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Issuer:     Hartman vREIT XXI, Inc. (—)
CIK:        0001654948
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001654948-25-000024
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hartman vREIT XXI extends $41.9M credit facility to July 2027, fixes rate at 6.49%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654948/000165494825000024/0001654948-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654948/000165494825000024/hartmanxxi-20250813.htm
  HTML page:      https://secwatch.observer/filing/0001654948-25-000024

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