RREEF Property Trust Files 8-K on Financial Obligations

TL;DR

RREEF Property Trust just signed a new financial deal, filing an 8-K with the SEC.

AI Summary

On August 25, 2025, RREEF Property Trust, Inc. entered into a material definitive agreement related to a direct financial obligation. The filing also includes financial statements and exhibits, with the report being filed as of August 29, 2025.

Why It Matters

This filing indicates RREEF Property Trust has entered into new financial commitments, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce new risks related to debt, interest rates, and market conditions.

Key Players & Entities

• RREEF Property Trust, Inc. (company) — Registrant
• August 25, 2025 (date) — Date of earliest event reported
• August 29, 2025 (date) — Filing date
• Maryland (jurisdiction) — State of incorporation
• 000-55598 (identifier) — SEC File Number
• 45-4478978 (identifier) — I.R.S. Employer Identification No.
• 875 Third Avenue, 26th Floor New York, NY 10022 (address) — Principal Executive Offices
• 212-454-4500 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $1,000,000 — a minimum liquidity amount of at least $1,000,000; (d) it decreases the maximum revolving
• $120,000,000 — aximum revolving commitment amount from $120,000,000 to $105,000,000; and (e) it revises or
• $105,000,000 — commitment amount from $120,000,000 to $105,000,000; and (e) it revises or eliminates certa
• $12,512,500 — Trigger Date but prior to June 1, 2026, $12,512,500; (b) thereafter until July 31, 2027, an
• $500,000 — ar month from and after June 1, 2026 by $500,000, provided however that such monthly red

Filing Documents

• rpt-20250825.htm (8-K) — 38KB
• fifthamendmenttosecondarlo.htm (EX-10.1) — 157KB
• rreefrevolver-arguaranty.htm (EX-10.2) — 117KB
• image_0.jpg (GRAPHIC) — 2KB
• 0001542447-25-000098.txt ( ) — 466KB
• rpt-20250825.xsd (EX-101.SCH) — 2KB
• rpt-20250825_lab.xml (EX-101.LAB) — 19KB
• rpt-20250825_pre.xml (EX-101.PRE) — 11KB
• rpt-20250825_htm.xml (XML) — 2KB

01 Entry into Material Definitive Agreement

Item 1.01 Entry into Material Definitive Agreement On August 25, 2025, a group of single purpose entities structured as limited liability companies (each a "Borrower" and collectively, the "Borrowers"), each of which has as its sole member RREEF Property Operating Partnership, LP (the "Operating Partnership"), a wholly owned subsidiary of RREEF Property Trust, Inc. (the "Company"), entered into a Fifth Amendment to Second Amended and Restated Revolving Loan Agreement and Omnibus Amendment to Loan Documents, dated as of August 25, 2025, by and among the Borrowers, Wells Fargo Bank, National Association, as administrative agent and lender ("Wells Fargo"), and the other lending institutions that may become parties thereto (the "Amendment"). The Amendment amends the Second Amended and Restated Revolving Loan Agreement and Omnibus Amendment to Loan Documents, dated January 27, 2023, as amended, by and among the Borrowers and Wells Fargo (the "Wells Fargo line of credit"). The Amendment includes the following: (a) it extends the maturity date from December 27, 2025 to April 1, 2028; (b) it amends the calculation of the Borrowing Base Value (described below) once the Borrower Base Value Trigger Date (described below) occurs; (c) it requires that the Company maintain a minimum liquidity amount of at least $1,000,000; (d) it decreases the maximum revolving commitment amount from $120,000,000 to $105,000,000; and (e) it revises or eliminates certain covenants. Pursuant to the Amendment, the Borrowing Base Value Trigger Date is the earlier of (a) December 27, 2025 and (b) the date upon which both of the Palmetto Lakes and Hialeah II properties have been released from the Wells Fargo line of credit. Prior to the Borrowing Base Value Trigger Date, the Borrowing Base Value is based on the lesser of (1) an amount equal to 65% of the aggregate value of the properties in the collateral pool as determined by lender appraisals, (2) an amount that results in a minimum debt yield

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 F ifth Amendment to Second Amended and Restated Revolving Loan Agreement and Omnibus Amendment to Loan Documents, dated as of August 25, 2025 , by and among RPT Terra Nova Plaza, LLC, RPT Loudoun Gateway I, LLC, RPT Palmetto Lakes, LLC, RPT Hialeah II, LLC, RPT 1109 Commerce Boulevard, LLC , Wells Fargo Bank, National Association and CIBC I nc. as L end ers and Wells Fargo Bank, National Association, as A dministrative A gent. 10.2 A m ended and Restated Guaranty Agreement, dated as of August 25, 2025 , by RREEF Property Trust, Inc. in favor of Wells Fargo Bank, National Association , as Administrative A gent for certain L enders . SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. RREEF Property Trust, Inc. By: /s/ Eric Russell Name: Eric Russell Title: Chief Financial Officer Date: August 29, 2025

View Full Filing

View this 8-K filing on SEC EDGAR