8-K - Goldman Sachs Real Estate Finance Trust Inc | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

On March 13, 2026, REFT Spruce Street LLC, an indirect wholly-owned subsidiary of Goldman Sachs Real Estate Finance Trust Inc, entered into a $500 million Uncommitted Master Repurchase Agreement with Banco Santander, S.A., New York Branch, to finance mortgage loans and senior participation interests. The Company provided a guaranty for up to 25% of outstanding amounts under the agreement.

Key Takeaways

1REFT Spruce Street LLC entered Uncommitted Master Repurchase Agreement with Banco Santander, S.A., New York Branch on March 13, 2026

2Facility size up to $500 million for mortgage loans including mezzanine loans and senior participation interests

3Interest accrues at one-month Term SOFR plus spread agreed per transaction

4Initial maturity date March 13, 2029, with one-year extension options and twelve-month wind-down period

5Company guaranty covers up to 25% of outstanding purchase price, interest, fees, and other amounts

6Guaranty becomes full recourse upon events like bankruptcy filings or breach of separateness covenants

Current Report Details

Event Type

Financing

Disclosure

Mandatory

Variant

8-K

Items Reported

2.03

. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On March 13, 2026, REFT Spruce Street LLC (

Financing

$500.0M

Transaction Details

Debt / Financing

Instrument: Uncommitted Master Repurchase Agreement
Principal: $500 million
Rate: Term Secured Overnight Financing Rate (SOFR) for a one-month period plus a spread
Maturity: March 13, 2029
Use of Proceeds: finance the acquisition and origination by Seller of mortgage loans (including mortgage loans combined with mezzanine loans) and senior participation interests satisfying certain conditions

Exhibits (1)

8-K