secwatch.observer — SEC 8-K summary
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Issuer:     Star Holdings (STHO)
CIK:        0001953366
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0001953366-26-000006
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Star Holdings deconsolidates multifamily venture after $10.6M loan repaid
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- Mezzanine loan of $10.6M repaid and $80M senior construction mortgage guarantee released on March 27, 2026.
- No consideration transferred; Company resigned as manager of the Asbury Park, NJ project venture.
- Pro forma balance sheet: total assets decrease $78.6M to $491.6M; debt obligations down $63.5M to $205.2M.
- Pro forma net loss attributable to common shareholders for 2025 changes from $(64.2M) to $(64.4M).
- Deconsolidation removes all venture assets, liabilities, noncontrolling interests and operations from financials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1953366/000195336626000006/0001953366-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1953366/000195336626000006/stho-20260327x8k.htm
  HTML page:      https://secwatch.observer/filing/0001953366-26-000006

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