2 unchanged sentences
There is inherent roll-over risk for borrowings as they mature and are renewed at current market rates.
−Removed: The extent of this risk is not quantifiable or predictable because of the variability of
−Removed: future interest rates and our future financing requirements.
+Added: The extent of this risk is not quantifiable or predictable because of the variability of future interest rates and our future financing requirements.
We are not subject to foreign exchange rates or commodity price risk, and all our financial instruments were entered into for other than trading purposes.
2 unchanged sentences
Fair value adjustments and unamortized deferred financing costs, net, of approximately $(12.4) million are excluded.
+Added: At December 31, 2025, the revolving credit facility had no outstanding balance.
Mortgage Notes Payable
Weighted Average Interest Rate
−Removed: Revolving Credit Facilities
−Removed: Weighted Average Interest Rate
The fair value of mortgages payable is estimated at $436.4 million at December 31, 2025.
9 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.