---
schema_version: "secwatch.filing_event.v1"
accession: "0001661458-26-000019"
form_type: "8-K"
ticker: null
cik: "0001661458"
company_name: "Highlands REIT, Inc."
filed_at: "2026-05-22T13:00:26+00:00"
generated_at: "2026-05-22T13:02:14.880013+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Highlands REIT NAV falls to $0.29/share; liquidity event delayed

## Summary
- NAV estimate $0.29/share, down $0.02 from Dec 2024 due to Denver multifamily weakness.
- Denver multifamily hit by new supply and declining net migration; early stabilization signs but no near-term full recovery.
- Retail and triple-net properties partially offset the decline.
- Liquidity event delayed by one material non-core portfolio transaction; hope to announce before end of 2026.
- Expected liquidity offering price well above third-party tender offers or OTC secondary market.

## SEC filing metadata
- accession: 0001661458-26-000019
- form_type: 8-K
- cik: 0001661458
- company_name: Highlands REIT, Inc.
- filed_at: 2026-05-22T13:00:26+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1661458/000166145826000019/0001661458-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1661458/000166145826000019/hri-20260522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001661458-26-000019
- JSON: https://secwatch.observer/filing/0001661458-26-000019.json
- Plain text: https://secwatch.observer/filing/0001661458-26-000019.txt

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