KBS REIT III renews advisory agreement through 2027

Q: When does KBSR’s renewed advisory agreement expire?

The renewed agreement extends through September 27, 2027. KBSR and KBS Capital Advisors LLC may renew it for successive one-year periods by mutual consent.

Q: How can KBSR or its advisor terminate the agreement?

Either party may terminate the agreement on 60 days’ written notice without cause or penalty; KBSR acts through its Conflicts Committee. KBSR may also terminate immediately for cause or upon the Advisor’s bankruptcy.

The agreement allows successive one-year renewals by mutual consent and gives either party a 60-day termination option without cause or penalty.

Filing Impact

(Very High)

Filing Sentiment

(Neutral)How Sentiment works

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Form Type

8-K

Rhea-AI Filing Summary

KBS Real Estate Investment Trust III, Inc. (KBSR) renewed its advisory agreement with KBS Capital Advisors LLC on September 27, 2026, extending the agreement, as amended, through September 27, 2027.

The agreement may be renewed for successive one-year periods by mutual consent. Either party may terminate it on 60 days’ written notice without cause or penalty, with KBSR acting through its Conflicts Committee. KBSR may also terminate immediately for cause or if the Advisor becomes bankrupt. Other than the one-year extension, the renewal made no changes to the agreement’s terms.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Agreement extension: Through September 27, 2027 Renewal period: One year Termination notice: 60 days

3 metrics

Agreement extension Through September 27, 2027 Renewed advisory agreement

Renewal period One year Successive renewals by mutual consent

Termination notice 60 days Written notice to terminate without cause or penalty

Key Terms

Conflicts Committee, without cause or penalty, mutual consent

3 terms

Conflicts Committee technical

"KBS REIT III (acting through the Conflicts Committee)"

without cause or penalty technical

"60 days’ written notice without cause or penalty"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does KBSR’s renewed advisory agreement expire?

The renewed agreement extends through September 27, 2027. KBSR and KBS Capital Advisors LLC may renew it for successive one-year periods by mutual consent.

How can KBSR or its advisor terminate the agreement?

Either party may terminate the agreement on 60 days’ written notice without cause or penalty; KBSR acts through its Conflicts Committee. KBSR may also terminate immediately for cause or upon the Advisor’s bankruptcy.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/01/2026 - 03:54 PM Accepted by SEC EDGAR 10/01/2026 - 03:54 PM

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): September 27, 2026

KBS REAL ESTATE INVESTMENT TRUST III, INC.

(Exact Name of Registrant as Specified in Its Charter)

______________________________________________________

Maryland

000-54687

27-1627696

(State or Other Jurisdiction of
Incorporation or Organization)

(Commission File
Number)

(I.R.S. Employer
Identification No.)

800 Newport Center Drive, Suite 700

Newport Beach, California 92660

(Address of principal executive offices)

Registrant's telephone number, including area code: (949) 417-6500

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
None	N/A	N/A

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. ☐

ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT

Renewal of Advisory Agreement

On September 27, 2026, KBS Real Estate Investment Trust III, Inc. (“KBS REIT III”) renewed its advisory agreement with KBS Capital Advisors LLC (the “Advisor”). The advisory agreement renewal agreement extends the term of the current advisory agreement, as amended, through September 27, 2027. The advisory agreement may be renewed for an unlimited number of successive one-year periods upon the mutual consent of KBS REIT III and the Advisor. The advisory agreement may be terminated (i) upon 60 days’ written notice without cause or penalty by either KBS REIT III (acting through the Conflicts Committee) or the Advisor or (ii) immediately by KBS REIT III for cause or upon the bankruptcy of the Advisor. Other than the one-year extension of the term, the advisory agreement renewal agreement made no changes to the terms of the advisory agreement, as amended.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS


(d)						Exhibits

Ex.						Description

10.1						Advisory Agreement Second Renewal Agreement

104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

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.

KBS REAL ESTATE INVESTMENT TRUST III, INC.

Dated: October 1, 2026

BY:

/s/ Jeffrey K. Waldvogel

Jeffrey K. Waldvogel

Chief Financial Officer, Treasurer and Secretary

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

EX-10.1 EX-10.1 20.8 KB