# EDGAR Filing Document

**Accession Number:** 0001452936
**File Stem:** 0001452936-25-000090
**Filing Date:** 2025-8
**Character Count:** 7279
**Document Hash:** 8f36b97c1e013ec1dcc922ed69cca479
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001452936-25-000090.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001452936-25-000090

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250826

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pacific Oak Strategic Opportunity REIT, Inc.
- **CENTRAL INDEX KEY:** 0001452936
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 263842535
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-54382
- **FILM NUMBER:** 251274666

**BUSINESS ADDRESS:**
- **STREET 1:** 11766 WILSHIRE BLVD.
- **STREET 2:** SUITE 1670
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** 866-722-6257

**MAIL ADDRESS:**
- **STREET 1:** 11766 WILSHIRE BLVD.
- **STREET 2:** SUITE 1670
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KBS Strategic Opportunity REIT, Inc.
- **DATE OF NAME CHANGE:** 20081230

?xml version='1.0' encoding='ASCII'? pacoaksor-20250826

    

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

Washington, D.C. 20549

**__________________**

**FORM 8-K**

**__________________**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of**

**The Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): August 26, 2025

**PACIFIC OAK STRATEGIC OPPORTUNITY REIT, INC.**

(Exact name of registrant specified in its charter)

**______________________________________________________**

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| | | |
|:---|:---|:---|
| **Maryland** | **000-54382** | **26-3842535** |
| (State or other jurisdiction of<br>incorporation or organization) | (Commission File Number) | (IRS Employer<br>Identification No.) |

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**11766 Wilshire Blvd., Suite 1670**

**Los Angeles, California 90025**

(Address of principal executive offices)

Registrant's telephone number, including area code: **(866) 722-6257**

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered <br> <u>None</u> <u>N/A</u> <u>N/A</u>

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

    

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**ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT**

On August 26, 2025, Pacific Oak Strategic Opportunity REIT, Inc. (the "Company"), its indirect wholly owned subsidiary, Pacific Oak SOR (BVI) Holdings, Ltd. (the "BVI"), and its external advisor, Pacific Oak Capital Advisors, LLC (the "Advisor") entered into a letter of undertaking (the "Standstill Letter") in favor of Reznik Paz Nevo Trusts Ltd., as trustee (the "Trustee") for the holders of Series B and Series D bonds issued by the BVI, and the holders of such bonds. The Company entered into the Standstill Letter in order to induce the Trustee to enter into negotiations, on behalf of the bondholders, with the Company, to restructure the terms of the bonds, including but not limited to financial covenants, interest rate, collateral and maturity.

Pursuant to the Standstill Letter, the Company, the BVI and the Advisor agreed to certain restrictions and obligations during an interim period (the "Interim Period"), which remains in effect until the earlier of (i) 20 days following the BVI's publication of an immediate report in Israel electing to terminate the Standstill Letter, or (ii) the date on which a meeting of any series of bondholders resolves to accelerate such series for immediate repayment.

During the Interim Period, the BVI and all entities it controls (the "BVI Group") agreed to provide the Trustee with ongoing transparency, including information about the BVI Group, and any material developments such as anticipated breaches of agreements or legal proceedings, and to allow the Trustee's representatives to participate in financing and sale discussions. The BVI Group further agreed not to take certain actions without first obtaining approval from the bondholders, including making payments above $250,000 (other than specified exceptions), granting or amending security interests or guarantees, incurring or refinancing indebtedness, selling or pledging assets, amending agreements with the Company or its Advisor or agreements between the Company and the Advisor that may have an impact on the BVI Group, making payments or entering into transactions with the Advisor or affiliates except as permitted, making distributions, or issuing securities.

The Company and any entity through which it holds an interest in the BVI (the "REIT Group") and the BVI Group further agreed not to initiate or consent to insolvency proceedings for any BVI Group entity and to use best efforts to oppose any such proceedings commenced by third parties. The REIT Group also agreed not to dispose of its ownership interests in the BVI or its subsidiaries, and Peter McMillan III, Keith Hall, their relatives and any entities in which they hold rights, including the Advisor (the "Management Group"), agreed not to dispose of their rights in the REIT Group (other than in limited ordinary course circumstances). The REIT Group and the Management Group agreed not to purchase bonds issued by the BVI. Any breach of the Standstill Letter constitutes a breach under the trust deeds governing the Series B and Series D bonds.

**Forward-Looking Statements**

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**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.

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| | | |
|:---|:---|:---|
| | **PACIFIC OAK STRATEGIC OPPORTUNITY REIT, INC.** | **PACIFIC OAK STRATEGIC OPPORTUNITY REIT, INC.** |
| Dated: August 28, 2025 | BY: | &nbsp;&nbsp;&nbsp;&nbsp;<br>/S/ PETER MCMILLAN III |
| | | **Peter McMillan III** |
| | | *Chairman of the Board, President and Director* |
| | | (principal financial officer) |

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