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The latest announcement is out from Pacific Oak Strategic Opportunity REIT ( (PCOK) ).
On July 29, 2025, Pacific Oak Strategic Opportunity REIT, Inc. announced that its subsidiaries entered into a credit agreement with Whitehawk Capital Partners LP for an $80 million loan. This agreement replaces existing financing and provides additional working capital, with a significant portion allocated to refinancing and repaying Series C bonds, which will be delisted from the Tel Aviv Stock Exchange. The loan is secured by the company’s ownership interests in three properties and includes provisions for early repayment and cross-collateralization, ensuring the company’s financial obligations are met. The agreement’s terms are designed to enhance the company’s financial stability and operational flexibility, impacting its market positioning and stakeholder interests positively.
More about Pacific Oak Strategic Opportunity REIT
Pacific Oak Strategic Opportunity REIT, Inc. operates within the real estate investment trust (REIT) industry, focusing on strategic opportunities in property investment and management. The company is involved in acquiring, managing, and developing a diverse portfolio of real estate assets, with an emphasis on maximizing returns for its stakeholders.
Average Trading Volume: 5,059
Technical Sentiment Signal: Sell
Current Market Cap: $178.3M
See more insights into PCOK stock on TipRanks’ Stock Analysis page.