{"schema_version":"secwatch.filing_event.v1","accession":"0001952976-26-000013","form_type":"8-K","ticker":"NLOP","cik":"0001952976","company_name":"Net Lease Office Properties","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.866790+00:00","generated_at":"2026-05-16T00:29:18.857795+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NLOP pays $6.75/share special distribution; portfolio reduced to 20 properties with $27M ABR","bullets":["Paid $6.75/share special distribution on Feb 17, 2026 (~$100M); total distributions since formation $19.39/share (~$287M).","Sold 39 properties since spin-off for $777M gross proceeds; remaining portfolio: 20 properties, $27M ABR.","Debt reduced: repaid $455M in JPM loans; remaining mortgage debt $22M at 7.0% weighted avg rate.","Leasing activity: 7.0 yr WALT on renewals/extensions, 91.9% rent recapture on 1.2M sq ft.","Total shareholder return of 213.1% from Nov 2023 to Feb 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001952976-26-000013","json":"https://secwatch.observer/filing/0001952976-26-000013.json","markdown":"https://secwatch.observer/filing/0001952976-26-000013.md","text":"https://secwatch.observer/filing/0001952976-26-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1952976/000195297626000013/0001952976-26-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1952976/000195297626000013/nlop-20260225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:29:18.857795+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}