Sterling Real Estate Trust Enters Material Agreement

TL;DR

Sterling Real Estate Trust just signed a big deal, creating a new financial obligation.

AI Summary

On November 21, 2025, Sterling Real Estate Trust entered into a material definitive agreement, creating a direct financial obligation. The filing does not specify the nature of the agreement or the financial obligation involved.

Why It Matters

This filing indicates a significant new financial commitment or agreement for Sterling Real Estate Trust, which could impact its future financial performance and operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, the details of which are not yet disclosed, introducing uncertainty.

Key Players & Entities

• Sterling Real Estate Trust (company) — Registrant
• November 21, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Shares, $0.01 par value per share N/A N/A Check
• $20.0 million — vailable to the Operating Partnership a $20.0 million revolving line of credit, which the Ope

Filing Documents

• sret-20251121x8k.htm (8-K) — 46KB
• sret-20251121xex10d1.htm (EX-10.1) — 329KB
• sret-20251121xex10d2.htm (EX-10.2) — 184KB
• sret-20251121xex10d3.htm (EX-10.3) — 324KB
• sret-20251121xex10d4.htm (EX-10.4) — 183KB
• sret-20251121xex10d1002.jpg (GRAPHIC) — 16KB
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• sret-20251121xex10d3011.jpg (GRAPHIC) — 1KB
• 0001104659-25-116039.txt ( ) — 1362KB
• sret-20251121.xsd (EX-101.SCH) — 3KB
• sret-20251121_lab.xml (EX-101.LAB) — 15KB
• sret-20251121_pre.xml (EX-101.PRE) — 10KB
• sret-20251121x8k_htm.xml (XML) — 5KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement On November 21, 2025 (the "Effective Date"), Sterling Properties LLLP (the "Operating Partnership"), a wholly-owned subsidiary of Sterling Real Estate Trust (the "Company"), entered into a Credit Agreement (the "Credit Agreement") with Gate City Bank ("Lender"). In connection with the Credit Agreement and on the same date, the Company and Lender entered into a Commercial Guaranty (the "Guaranty Agreement"). Pursuant to the Credit Agreement, Lender has made available to the Operating Partnership a $20.0 million revolving line of credit, which the Operating Partnership will use periodically for operating needs and to help facilitate acquisitions. The Credit Agreement has a three-year term. The Operating Partnership's obligations under the Credit Agreement are secured by mortgages of certain properties owned by the Operating Partnership and are fully guaranteed by the Company pursuant to the Guaranty Agreement. Balances under the Credit Agreement will bear interest at an annualized variable rate equal to the prime rate (7.00% as of the Effective Date) less a 1.5% reduction, which equated to an annualized rate of 5.50% as of the Effective Date. The foregoing description of the Credit Agreement and the Guaranty Agreement are qualified in all respects by reference to the full text of the Credit Agreement and the Guaranty Agreement, which are attached as Exhibits 10.1 and 10.2 hereto and incorporated by reference herein. The Credit Agreement and the Guaranty Agreement are not intended to be a source of factual, business or operational information about the Company or its subsidiaries. The representations and warranties contained in the Credit Agreement and the Guaranty Agreement were made only for purposes of such agreement (or the applicable related agreements) and as of specific dates, were solely for the benefit of the parties to such agreement (or the applicable related agreements), and may be subject to limitat

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Title 10.1 Credit Agreement, dated November 21, 2025, between Gate City Bank and Sterling Properties, LLLP, together with Commercial Guaranty of Sterling Real Estate Trust, dated November 21, 2025. 10.2 Guaranty Agreement, dated November 21, 2025, between Gate City Bank and Sterling Properties, LLLP, together with Commercial Guaranty of Sterling Real Estate Trust, dated November 21, 2025. 10.3 Credit Agreement, dated November 21, 2025, between Gate City Bank and Sterling Properties, LLLP, together with Commercial Guaranty of Sterling Real Estate Trust, dated November 21, 2025. 10.4 Guaranty Agreement, dated November 21, 2025, between Gate City Bank and Sterling Properties, LLLP, together with Commercial Guaranty of Sterling Real Estate Trust, dated November 21, 2025. 104 Cover Page Interactive Data File, (Formatted in inline XBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Sterling Real Estate Trust Date: November 25, 2025 By: /s/ Megan E. Schreiner Name: Megan E. Schreiner Title: President

View Full Filing

View this 8-K filing on SEC EDGAR