KBS Real Estate Investment Trust III Inc. has announced an amendment to its existing corporate loan agreement, known as the Modified Portfolio Revolving Loan Facility. On January 27, 2026, the company, through its indirect wholly owned subsidiaries, entered into a fourth modification agreement with U.S. Bank National Association, as administrative agent, and a group of lenders including Regions Bank, Citizens Bank, City National Bank, and Associated Bank. This amendment extends the maturity date of the facility to March 25, 2026, subject to certain terms and conditions, some of which are not entirely within KBS REIT III’s control. The agreement also allows for a potential further extension to April 15, 2026, provided additional conditions are met. The loan is secured by properties including 515 Congress, Gateway Tech Center, and 201 17th Street. Failure to meet specified conditions could result in an earlier maturity date or trigger an event of default after March 1, 2026. KBS REIT III continues to seek a longer-term solution for the facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KBS Real Estate Investment Trust III Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001482430-26-000005), on February 02, 2026, and is solely responsible for the information contained therein.