{"schema_version":"secwatch.filing_event.v1","accession":"0001952976-26-000032","form_type":"8-K","ticker":"NLOP","cik":"0001952976","company_name":"Net Lease Office Properties","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.314986+00:00","generated_at":"2026-05-14T22:05:03.960413+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NLOP completes 41 property dispositions, repays $455M debt, and pays $22.69/sh in distributions since spin-off","bullets":["Disposed 41 properties since spin, reducing portfolio from 59 to 18 properties and ABR from $145M to $26M.","Gross proceeds from dispositions total $813M; fully repaid $455M of JPM senior and mezzanine debt.","Total distributions since formation of $22.69 per share ($336M), including $3.30 special in April 2026.","Portfolio now 18 properties with $2MM sq ft, 100% US, WALT 2.9 years; remaining mortgage debt $22M at 7.0%.","Leasing activity shows 91.9% rent recapture on renewals; weighted average new lease term of 7.0 years."],"urls":{"canonical":"https://secwatch.observer/filing/0001952976-26-000032","json":"https://secwatch.observer/filing/0001952976-26-000032.json","markdown":"https://secwatch.observer/filing/0001952976-26-000032.md","text":"https://secwatch.observer/filing/0001952976-26-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1952976/000195297626000032/0001952976-26-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1952976/000195297626000032/nlop-20260507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T22:05:03.960413+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"}