Vehicle file · Non-traded REIT

KBS Real Estate Investment Trust III, Inc.

What its SEC filings show.

SEC CIK 1482430·Inc. MD·Fiscal year end 12/31·Data as filed · pulled Oct 5, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

KBS Real Estate Investment Trust III, Inc. is a non-traded REIT registered with the SEC under CIK 1482430 (incorporated in MD). Its most recent filing is an 8-K (current report) dated Oct 1, 2026. As of Jun 30, 2026 it reported total assets of $1.48B (down 17.0% from $1.78B a year earlier) and stockholders' equity of $126.3M. Net income (loss) for the six months to Jun 30, 2026 was −$51.5M. It raised $0 from new shares in the year to Dec 31, 2017; paid $0 in distributions in the year to Dec 31, 2025; spent $0 repurchasing shares in the year to Dec 31, 2025.

What the figures say together

Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 72 other vehicles of this type we track.

Liabilities were 91% of total assets at Jun 30, 2026. It ranks 48th of the 52 vehicles of this type that report the same figures (1st = least leveraged).

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$1.48B	as of Jun 30, 2026	$1.78B	−17.0%	10-Q · Aug 13, 2026
Real estate, net	$1.23B	as of Jun 30, 2026	$1.53B	−19.6%	10-Q · Aug 13, 2026
Cash and equivalents	$26.6M	as of Jun 30, 2026	$27.5M	−3.3%	10-Q · Aug 13, 2026
Total liabilities	$1.35B	as of Jun 30, 2026	$1.58B	−14.5%	10-Q · Aug 13, 2026
Long-term debt	$1.24B	as of Jun 30, 2026	$1.46B	−14.9%	10-Q · Aug 13, 2026
Debt (carrying amount)	$1.25B	as of Jun 30, 2026	$1.47B	−15.5%	10-Q · Aug 13, 2026
Notes payable	$1.24B	as of Jun 30, 2026	$1.46B	−14.9%	10-Q · Aug 13, 2026
Stockholders' equity	$126.3M	as of Jun 30, 2026	$200.8M	−37.1%	10-Q · Aug 13, 2026
Shares outstanding	148.5M shares	as of Jun 30, 2026	148.5M shares	+0.0%	10-Q · Aug 13, 2026
Shares outstanding (cover page)	148.5M shares	as of Aug 13, 2026	148.5M shares	+0.0%	10-Q · Aug 13, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Revenues	$114.4M	six months to Jun 30, 2026	$129.8M	−11.9%	10-Q · Aug 13, 2026
Net income (loss)	−$51.5M	six months to Jun 30, 2026	−$55.7M	+7.6%	10-Q · Aug 13, 2026
Cash from operations	$16.9M	six months to Jun 30, 2026	$643K	+2523.0%	10-Q · Aug 13, 2026
Interest expense	$49.4M	six months to Jun 30, 2026	$58.9M	−16.1%	10-Q · Aug 13, 2026
Depreciation and amortization	$41.7M	six months to Jun 30, 2026	$51.6M	−19.1%	10-Q · Aug 13, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Distributions declared per share	$0.00	six months to Jun 30, 2026	$0.00	—	10-Q · Aug 13, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

If you have real money in this, do not decide it alone.

We can tell you what the filings say. What we cannot tell you is what it means for your particular position, your tax situation and the rest of your portfolio, and anyone who does that from a web page without knowing your circumstances is guessing. With money in a non-traded REIT you cannot sell at will, reading its filings to decide whether to hold, redeem or tender, that is the part that actually matters.

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Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Oct 1, 20268-K · Current reportItems 1.01,9.01EDGAR ↗
Sep 22, 2026DEFA14A · Proxy materialEDGAR ↗
Sep 22, 2026DEF 14A · Proxy statementEDGAR ↗
Aug 13, 202610-Q · Quarterly reportEDGAR ↗
May 14, 202610-Q · Quarterly reportEDGAR ↗
Apr 8, 20268-K · Current reportItems 1.01,2.03EDGAR ↗
Mar 27, 202610-K · Annual reportEDGAR ↗
Feb 2, 20268-K · Current reportItems 1.01,2.03EDGAR ↗
Jan 30, 20268-K · Current reportItems 7.01,9.01EDGAR ↗
Dec 19, 20258-K · Current reportItems 8.01EDGAR ↗
Nov 14, 202510-Q · Quarterly reportEDGAR ↗
Sep 29, 20258-K · Current reportItems 8.01EDGAR ↗
Sep 29, 20258-K · Current reportItems 1.01,9.01EDGAR ↗
Aug 14, 202510-Q · Quarterly reportEDGAR ↗
Jul 24, 20258-K · Current reportItems 5.07EDGAR ↗
May 12, 202510-Q · Quarterly reportEDGAR ↗
May 8, 20258-K · Current reportItems 8.01,9.01EDGAR ↗
Apr 28, 2025DEFA14A · Proxy materialEDGAR ↗
Apr 28, 2025DEF 14A · Proxy statementEDGAR ↗
Mar 14, 202510-K · Annual reportEDGAR ↗
Mar 3, 20258-K · Current reportItems 8.01,9.01EDGAR ↗
Feb 28, 20258-K · Current reportItems 7.01,9.01EDGAR ↗
Feb 12, 20258-K · Current reportItems 1.01,2.03EDGAR ↗
Jan 29, 20258-K · Current reportItems 1.01,2.03EDGAR ↗
Dec 23, 20248-K · Current reportItems 1.01,2.03EDGAR ↗

Our reads on KBS Real Estate Investment Trust III, Inc..

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1482430, retrieved Oct 5, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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KBS Real Estate Investment Trust III, Inc.

What the figures say together

Key figures, as filed.

Filing timeline.

Our reads on KBS Real Estate Investment Trust III, Inc..

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