Broad Street Realty, Inc. — fact timeline

Broad Street Realty, Inc. entered chapter 7 in United States Bankruptcy Court for the District of Delaware (petition 2026-03-20).

“On March 20, 2026, Broad Street Realty (the “Company”) filed a voluntary petition for relief under the provisions of Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §101 et seq. (the “Bankruptcy Code”). The petition was filed in the United States Bankruptcy Court for the District of Delaware, Case No. 26-10398-KBO (the “Bankruptcy Filing”). George L. Miller has been appointed as Chapter 7 Trustee (the “Chapter 7 Trustee”) , and the trustee will assume control over the assets and liabilities of the Company, effectively eliminating the authority and powers of the Board of Directors of the Company and its executive officers to act on its behalf. The assets of the Company will be liquidated and claims paid in accordance with the Bankruptcy Code.”

Broad Street Realty, Inc. reported a default on loan.

“The information under Item 8.01 regarding the event of default under the Mezzanine Loan Agreement and the Trigger Event is incorporated into this Item 2.04 by reference.”

Broad Street Realty, Inc.: Amended and Restated Bylaws to conform to new charter, changing special meeting calling, stockholder proposals, quorum, director election standard, and amendment vote requirements (effective 2023-10-23).

“Effective October 23, 2023, the Board of Directors of the Company (the “Board”) adopted Amended and Restated Bylaws of the Company (the “Amended and Restated Bylaws”), to conform the bylaws of the Company to the Amended and Restated Charter and customary provisions of bylaws of public companies.”

Broad Street Realty, Inc.: Amended and Restated Charter increasing authorized shares and modifying voting rights, exclusive forum, stock ownership limits, and amendment provisions (effective 2023-10-23).

“On October 23, 2023, Broad Street Realty, Inc. (the “Company”) filed with the Secretary of State of the State of Delaware the Amended and Restated Certificate of Incorporation (the “Amended and Restated Charter”), which become effective upon filing.”

Broad Street Realty, Inc. shareholders approved Advisory vote on frequency of holding an advisory vote on executive compensation at the 2023-10-23 meeting.

“Proposal 6 (Advisory Vote on Frequency of Holding an Advisory Vote on Executive Compensation) — The Company’s stockholders selected (on a non-binding, advisory basis)one year as the preferred frequency that the Company should seek an advisory vote on the compensation of the Company’s named executive officers.. The following table sets forth the voting results for this proposal: One Year Two Years Three Years Abstentions Broker Non-Votes 17,733,207 1,067,180 333,265 943,167 2,300,254”

Broad Street Realty, Inc. shareholders approved Advisory vote on executive compensation at the 2023-10-23 meeting.

“Proposal 5 (Advisory Vote on Executive Compensation) — The Company’s stockholders approved (on a non-binding, advisory basis) the compensation of the Company’s named executive officers as disclosed in the Proxy Statement. The following table sets forth the voting results for this proposal: For Against Abstentions Broker Non-Votes 16,908,854 2,364,946 803,019 2,300,254”

Broad Street Realty, Inc. shareholders approved Amendments to charter for other modernization changes at the 2023-10-23 meeting.

“Proposal 4F : The Company’s stockholders approved the proposal to approve the amendments to the Existing Charter to make certain other changes that the Company’s Board of Directors deems appropriate to modernize the charter and conform the charter to customary provisions of charters of public companies. The following table sets forth the voting results for this proposal: For Against Abstentions Broker Non-Votes 18,336,549 1,006,577 733,693 2,300,254”

Broad Street Realty, Inc. shareholders approved Amendments to charter regarding supermajority vote requirements at the 2023-10-23 meeting.

“Proposal 4E : The Company’s stockholders approved the proposal to approve the amendments to the Existing Charter to (i) provide that any amendment or other modification of certain provisions of the Amended and Restated Charter requires the approval of two-thirds of the shares entitled to vote thereon, (ii) require that, for stockholder-amendments to the bylaws, two-thirds of the shares entitled to vote thereon must approve the amendment and (iii) remove the requirement for the approval of holders of two-thirds of the outstanding shares of common stock present to amend the charter or bylaws in a way that reduces the priority of payment or amount payable to holders of shares of common stock upon liquidation or that would diminish or eliminate any voting rights of common stockholders. The following table sets forth the voting results for this proposal: For Against Abstentions Broker Non-Votes 18,338,909 1,076,323 661,587 2,300,254”

Broad Street Realty, Inc. shareholders approved Amendments to charter for REIT election provisions at the 2023-10-23 meeting.

“Proposal 4D : The Company’s stockholders approved the proposal to approve the amendments to the Existing Charter to include certain provisions related to a potential future election by the Company to be taxed as a REIT for federal income tax purposes, including provisions giving the Company’s Board of Directors the authority to make such election and stock ownership limitations and transfer restrictions necessary to comply with requirements for qualification as a REIT. The following table sets forth the voting results for this proposal: For Against Abstentions Broker Non-Votes 18,421,741 868,792 786,286 2,300,254”

Broad Street Realty, Inc. shareholders approved Amendments to charter for exclusive forum provisions at the 2023-10-23 meeting.

“Proposal 4C : The Company’s stockholders approved the proposal to approve the amendments to the Existing Charter to provide that, unless the Company consents in writing to the selection of an alternative forum, the Court of Chancery and the U.S. federal district courts, as applicable, are the sole and exclusive forum for certain actions. The following table sets forth the voting results for this proposal: For Against Abstentions Broker Non-Votes 17,413,475 1,967,920 695,424 2,300,254”

Broad Street Realty, Inc. shareholders approved Amendments to charter regarding voting rights of common stockholders at the 2023-10-23 meeting.

“Proposal 4B : The Company’s stockholders approved the proposal to approve the amendments to the Existing Charter to make certain changes to the voting rights of common stockholders included in the Existing Charter, including clarifying common stockholders voting rights on matters related solely to preferred stockholders, clarifying that there is no right to cumulate votes on behalf of any nominee for election to the Company’s Board of Directors and updating stockholder approval rights relating to certain matters. The following table sets forth the voting results for this proposal: For Against Abstentions Broker Non-Votes 17,229,924 1,909,574 937,321 2,300,254”

Broad Street Realty, Inc. shareholders approved Amendments to charter to increase authorized shares from 51M to 301M at the 2023-10-23 meeting.

“Proposal 4A : The Company’s stockholders approved the proposal to approve the amendments to the Existing Charter to increase the Company’s total number of authorized shares of common stock and preferred stock from 51,000,000 shares to 301,000,000 shares, which consists of (i) increasing the number of authorized shares of common stock from 50,000,000 shares to 300,000,000 shares and (ii) maintaining the number of authorized shares of preferred stock at 1,000,000 shares. The following table sets forth the voting results for this proposal: For Against Abstentions 18,445,752 3,089,317 842,004”

Broad Street Realty, Inc. shareholders approved Approve and adopt Amended and Restated Charter at the 2023-10-23 meeting.

“Proposal 3 (Amended and Restated Charter) — The Company’s stockholders approved the proposal to approve and adopt the Amended and Restated Charter. The following table sets forth the voting results for this proposal: For Against Abstentions Broker Non-Votes 18,614,710 938,403 523,706 2,300,254”

Broad Street Realty, Inc. shareholders approved Ratification of Cherry Bekaert LLP as independent registered public accounting firm at the 2023-10-23 meeting.

“Proposal 2 (Ratification of Cherry Bekaert LLP) — The Company’s stockholders approved the proposal to ratify the appointment of Cherry Bekaert LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023. The following table sets forth the voting results for this proposal: For Against Abstentions 21,359,341 312,833 704,899”

Broad Street Realty, Inc. shareholders approved Election of seven directors at the 2023-10-23 meeting.

“Proposal 1 (Election of Directors) — The Company’s stockholders elected the following seven persons as directors of the Company, each to serve as such until the Company’s annual meeting of stockholders to be held in 2024, or until his or her respective successor is duly elected and qualified. The following table sets forth the voting results for each director nominee: Director Nominee For Against Abstentions Broker Non-Votes Michael Z. Jacoby 19,146,204 777,203 153,412 2,300,254 Jeffrey H. Foster 18,823,892 594,786 658,141 2,300,254 Daniel J.W. Neal 18,827,249 593,490 656,080 2,300,254 Noah Shore 18,861,757 583,076 631,986 2,300,254 Samuel M. Spiritos 18,704,051 753,975 618,793 2,300,254 Jeffery C. Walraven 18,864,586 422,542 789,691 2,300,254 Thomas M. Yockey 19,190,215 623,559 263,045 2,300,254”

Broad Street Realty, Inc. completed a disposition for $23.0 million in cash (closed 2023-06-30).

“on June 30, 2023, a subsidiary of the Company completed the sale of Spotswood Valley Square Shopping Center (together with Dekalb Plaza, the “Disposed Properties”), a retail shopping center located in Harrisonburg, Virginia with approximately 190,646 square feet of gross leasable area, for a purchase price of $23.0 million in cash (together with the Dekalb Disposition, the “Property Dispositions”).”

Broad Street Realty, Inc. completed a disposition for $23.1 million in cash (closed 2023-07-20).

“On July 20, 2023, a subsidiary of Broad Street Realty, Inc. (the “Company”) completed the sale of Dekalb Plaza, a retail shopping center located in Philadelphia, Pennsylvania with approximately 178,356 square feet of gross leasable area, for a purchase price of $23.1 million in cash (the “Dekalb Disposition”).”

Broad Street Realty, Inc. completed a disposition for $23.0 million in cash (closed 2023-06-30).

“On June 30, 2023, a subsidiary of Broad Street Realty, Inc. (the “Company”) completed the sale of Spotswood Valley Square Shopping Center, a retail shopping center located in Harrisonburg, Virginia with approximately 190,646 square feet of gross leasable area, for a purchase price of $23.0 million in cash (the “Spotswood Disposition”).”

Broad Street Realty, Inc. engaged Cherry Bekaert LLP as its auditor.

“On May 1, 2023, the Company engaged Cherry Bekaert LLP (“Cherry Bekaert”) as its new independent registered public accounting firm upon the approval of the Audit Committee.”

Broad Street Realty, Inc. dismissed BDO USA, LLP as its auditor.

“On May 1, 2023 (the “Dismissal Date”), the Audit Committee (the “Audit Committee”) of the Board of Directors of Broad Street Realty, Inc. (the “Company”) dismissed BDO USA, LLP (“BDO”) as the independent registered public accounting firm for the Company, effective immediately.”

Broad Street Realty, Inc. completed an acquisition involving BSV Lamont Investors LLC (closed 2022-11-23).

“On November 23, 2022, a wholly owned subsidiary (“LSP Merger Sub”) of the Eagles Sub-OP merged with and into BSV Lamont Investors LLC (“BSV Lamont”) with BSV Lamont surviving as a subsidiary of the Eagles Sub-OP (the “LSP Merger”).”

Broad Street Realty, Inc. completed an acquisition involving BBL Current Owner, LLC for $118.7 million in cash, 448,180 Common OP Units and 1,851,820 Preferred OP Units (closed 2022-11-23).

“On November 23, 2022, a wholly owned subsidiary of the Eagles Sub-OP completed the previously announced acquisition of the mixed-use property in Williamsburg, Virginia known as Midtown Row (such property, “Midtown Row” and such acquisition, the “Midtown Row Acquisition”), for $118.7 million in cash, 448,180 Common OP Units and 1,851,820 Preferred OP Units.”

Broad Street Realty, Inc. incurred loan of $15.0 million with CF Flyer Mezz Lender LLC, an affiliate of Fortress at 12% per annum, comprised of a 5% Current Interest rate and a 7% Capitalized Inte maturing December 1, 2027.

“On November 22, 2022, in connection with the Midtown Row Acquisition, Midtown Parent and CF Flyer Mezz Lender LLC, an affiliate of Fortress (the “Mezzanine Lender”), entered into a mezzanine loan agreement (the “Fortress Mezzanine Loan Agreement”) pursuant to which the Mezzanine Lender made a $15.0 million mezzanine loan (the “Fortress Mezzanine Loan”) to Midtown Parent.”

Broad Street Realty, Inc. incurred term loan of $76.0 million with American General Life Insurance Company and The Variable Annuity Life Insurance Company at 6.48% per annum maturing December 1, 2027.

“On November 22, 2022, in connection with the Midtown Row Acquisition, BSR Midtown Current LLC, an indirect subsidiary of the Eagles Sub-OP (“Midtown Current”), and American General Life Insurance Company and The Variable Annuity Life Insurance Company (collectively, the “Mortgage Lender”) entered into a loan agreement (the “MTR Loan Agreement”) pursuant to which the Mortgage Lender made a senior secured term loan of $76.0 million (the “MTR Loan”) to Midtown Current.”

Broad Street Realty, Inc. entered into Preferred Equity Investment Agreement with CF Flyer PE Investor LLC, an affiliate of Fortress Investment Group LLC valued at $80.0 million (effective 2022-11-22).

“On November 22, 2022, Broad Street Operating Partnership, LP (the “Operating Partnership”), the operating partnership of Broad Street Realty, Inc. (the “Company”), and Broad Street Eagles JV LLC, a newly formed subsidiary of the Operating Partnership (the “Eagles Sub-OP”), entered into a Preferred Equity Investment Agreement (the “Investment Agreement”) with CF Flyer PE Investor LLC (the “Fortress Member”), an affiliate of Fortress Investment Group LLC (“Fortress”), pursuant to which the Fortress Member invested $80.0 million in the Eagles Sub-OP in exchange for a preferred membership interest (such interest, the “Preferred Interest” and such investment, the “Preferred Equity Investment”).”

Noah Shore was appointed as Director at Broad Street Realty, Inc..

“on November 22, 2022, the Board increased the size of the board to eight directors and appointed Noah Shore as a member of the Board, effective upon the closing.”

Donna Brandin was appointed as Member of the Board at Broad Street Realty, Inc..

“On January 12, 2022, the Board appointed Donna Brandin as a member of the Board, effective immediately, to fill the vacancy created by the resignation of Mr. Bencivenga.”

Joseph C. Bencivenga resigned as Member of the Board at Broad Street Realty, Inc..

“On January 11, 2022, Joseph C. Bencivenga informed the board of directors (the “Board”) of Broad Street Realty, Inc. (the “Company”) of his resignation as a member of the Board, effective immediately.”