secwatch.observer — SEC 8-K summary ====================================== Issuer: Highlands REIT, Inc. (—) CIK: 0001661458 Form: 8-K Filed at: 2026-05-22T13:00:26+00:00 Accession: 0001661458-26-000019 Event type: other_material Sentiment: negative Materiality: 0.70 Item codes: 7.01 LLM model: deepseek-v4-flash:cloud@v2 Highlands REIT NAV falls to $0.29/share; liquidity event delayed ---------------------------------------------------------------- - 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. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1661458/000166145826000019/0001661458-26-000019-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1661458/000166145826000019/hri-20260522.htm HTML page: https://secwatch.observer/filing/0001661458-26-000019 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer