Alexanders Inc. Enters Material Agreement, Incurs Financial Obligation
Ticker: ALX · Form: 8-K · Filed: Dec 29, 2025 · CIK: 3499
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: ALX
TL;DR
ALX signed a big deal, now owes money.
AI Summary
Alexanders Inc. entered into a material definitive agreement on December 23, 2025. This agreement also created a direct financial obligation for the registrant. The filing was made on December 29, 2025.
Why It Matters
This filing indicates a significant new financial commitment or partnership for Alexanders Inc., which could impact its future financial performance and strategic direction.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and incurring financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet its obligations.
Key Players & Entities
- Alexanders Inc. (company) — Registrant
- December 23, 2025 (date) — Date of earliest event reported
- December 29, 2025 (date) — Filing date
FAQ
What type of material definitive agreement did Alexanders Inc. enter into?
The filing states that Alexanders Inc. entered into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
What is the nature of the direct financial obligation incurred by Alexanders Inc.?
The filing indicates the creation of a direct financial obligation, but the specific terms and amount of this obligation are not detailed in the provided text.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed on December 29, 2025.
What is Alexanders Inc.'s principal executive office address?
Alexanders Inc.'s principal executive offices are located at 210 Route 4 East, Paramus, New Jersey 07652.
What is Alexanders Inc.'s SIC code?
Alexanders Inc.'s Standard Industrial Classification (SIC) code is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 958 words · 4 min read · ~3 pages · Grade level 12.7 · Accepted 2025-12-29 08:16:58
Key Financial Figures
- $1 — nge on which registered Common Stock, $1 par value per share ALX New York Stoc
- $300,000,000 m — he borrowers (the "Borrower") under the $300,000,000 mortgage loan (the "Original Loan") on th
- $132,500,000 — ginal Loan has been restructured into a $132,500,000 Senior Note (the "A-Note") accruing int
- $167,500,000 — paid current) at 7.00% per annum and a $167,500,000 Junior Note (the "C-Note") accruing int
- $65 million — provided that, to the extent more than $65 million has been funded under the B-Note, any a
Filing Documents
- alx-20251223.htm (8-K) — 39KB
- exhibit991-pressrelease731.htm (EX-99) — 6KB
- image_0a.jpg (GRAPHIC) — 14KB
- 0000003499-25-000038.txt ( ) — 182KB
- alx-20251223.xsd (EX-101.SCH) — 2KB
- alx-20251223_lab.xml (EX-101.LAB) — 21KB
- alx-20251223_pre.xml (EX-101.PRE) — 12KB
- alx-20251223_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On December 23, 2025, 731 Retail One LLC and 731 Commercial LLC, wholly-owned subsidiaries of Alexander's, Inc. (the "Company") and the borrowers (the "Borrower") under the $300,000,000 mortgage loan (the "Original Loan") on the retail condominium units of the Company's 731 Lexington Avenue property (the "Property"), entered into an amended and restated loan agreement with the lenders named therein to restructure and extend the loan to December 23, 2035 (the "Amended Loan Agreement"). Under the Amended Loan Agreement, the Original Loan has been restructured into a $132,500,000 Senior Note (the "A-Note") accruing interest (to be paid current) at 7.00% per annum and a $167,500,000 Junior Note (the "C-Note") accruing interest (not paid current) at 4.55% per annum. On December 23, 2025, the Borrower also entered into an Intermediate Loan Agreement (the "B-Note") with ALX Rego Holdings LLC, a wholly-owned subsidiary of the Company, as lender ("ALX Rego") that also matures on December 23, 2035. Under the B-Note, funds loaned by ALX Rego to the Borrower, for capital and re-leasing expenses at the Property, and to fund interest on the A-Note, accrue interest (not paid current) at 13.5% per annum; provided that, to the extent more than $65 million has been funded under the B-Note, any additional advances under the B-Note that are used to pay interest on the A-Note will accrue interest at 7.00% per annum. In connection with the loan restructuring, on December 23, 2025, ALX Rego purchased the A-Note from the existing lenders under the Original Loan at par. The C-Note remains held by the existing lenders under the Original Loan (the "Junior Lenders"). Pursuant to the terms of the Amended Loan Agreement, all available cash, sales proceeds or refinancing proceeds shall be distributed as follows, after payment of expenses: First, to the A-Note for the payment of the outstanding principal and any accrued but unpaid interes
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release, dated December 29, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE 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. ALEXANDER'S, INC. (Registrant) By: /s/ Gary Hansen Name: Gary Hansen Title: Chief Financial Officer (duly authorized officer and principal financial and accounting officer) Date: December 29, 2025 3