RRock Mortgage Desk
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SmartCentres REIT

SRU.UN · TSX · reit

$14,747,000

Loan receivable

Loan receivable from Penguin (1), secured by first or second charge on property, assignments of rents and leases and GSAs, guaranteed by Penguin; variable rate at Trust's operating line rate + 20 bps; term extended two years in March 2026

Terms

Instrument
Loan receivable
Principal / carrying balance
$14,747,000
Interest rate
—
Rate type
floating
Maturity
Mar 31, 2028
Term
—
Lien position
unknown
Counterparty
Penguin
Property / location
—
As of
Jun 30, 2026

Security

First or second charge on the property, assignments of rents and leases, general security agreements, guaranteed by Penguin

Source excerpt

Penguin(1) 23,019 March 2028 Variable 18 $14,747 $14,443
Note 5(a) · Interim financial statements 2026 · View filing (PDF) · extraction confidence 85%

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Automatically extracted from a public filing. Verify every figure against the source document before transacting.