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 1119, 2025

SEALY INDUSTRIAL PARTNERS IV, LP

(Exact name of Registrant as Specified in Its Charter)


Georgia	000-56738	88-1030040
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

333 Texas Street, Suite 1050
Shreveport, Louisiana		71101
(Address of Principal Executive Offices)		(Zip Code)

      Registrant’s Telephone Number, Including Area Code: (318) 222-8700

     

~~Not Applicable~~N/A

(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
N/A	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 a Material Definitive Agreement.

On September 1119, 2025, Sealy ~~Gardner~~Industrial ~~Avenue,~~Partners ~~L.L.C.~~IV OP, ~~Sealy~~LP ~~South~~(the ~~Green Road~~“Borrower”), ~~L.L.C.,~~a ~~Sealy~~Georgia ~~Commercial~~limited ~~Drive~~partnership ~~II,~~and ~~L.L.C.,~~wholly ~~Sealy~~owned ~~Pederson~~subsidiary ~~Road,~~of ~~L.L.C.,~~ Sealy ~~Crossroads~~Industrial L,Partners ~~L.L.C.~~IV, ~~Sealy~~LP ~~Stateline~~(the K“Registrant”), ~~L.L.C.,~~entered ~~and~~into ~~Sealy~~that ~~Northpoint~~certain ~~One,~~Sixth ~~L.L.C.~~Amendment ~~(collectively,~~to Credit Agreement (the “~~Borrowers~~Sixth Amendment”) with KeyBank National Association (“KeyBank”), ~~each~~which aamended ~~Georgia~~that ~~limited~~certain ~~liability~~Credit ~~company~~Agreement between the Borrower and aKeyBank ~~wholly~~dated ~~owned~~July ~~subsidiary~~15, of2022, ~~Sealy~~as ~~Industrial~~amended ~~Partners~~on IVJanuary 27, LP2023, ~~(the~~February ~~“Registrant”)~~17, ~~entered~~2023, ~~into~~February a13, ~~loan~~2024, ~~agreement~~January 29, 2025 and May 14, 2025 (as amended, the “~~Thrivent~~KeyBank ~~Loan~~Credit Agreement”), ~~and~~as adescribed ~~promissory~~in ~~note~~the Registrant’s Registration Statement on Form 10, as amended (the “~~Thrivent~~Form ~~Promissory Note~~10”), filed with ~~Thrivent~~the ~~Financial~~Securities ~~for~~and ~~Lutherans~~Exchange ~~for~~Commission aon ~~5-year~~May ~~term~~30, ~~loan~~2025. inThe Sixth Amendment, among other things, extends the ~~amount~~maturity date of ~~$105.2~~the ~~million~~revolving credit facility (the “~~Thrivent~~KeyBank ~~Loan~~Credit Facility”). to November 30, 2025 and amends the timing on further extensions of the maturity date.

~~The~~As ~~outstanding~~discussed ~~principal~~in ~~balance~~the ofForm 10, the ~~Thrivent~~KeyBank ~~Loan~~Credit ~~bears~~Facility had a ~~fixed~~maturity ~~interest~~date ~~rate~~of atSeptember ~~5.39%~~30, ~~per~~2025, ~~annum.~~with ~~Interest~~the ~~for~~Borrower having the option to extend the maturity date two times for a period ~~from~~of ~~September~~six 11months each, ~~2025~~provided certain customary conditions are met. Pursuant to ~~September~~the 30Sixth Amendment, ~~2025~~the ~~was~~maturity ~~due~~date ~~and~~has ~~prepaid~~been onextended ~~September~~to 11November 30, 2025. ~~Subsequently~~In addition, ~~interest-only~~the ~~payment~~Sixth isAmendment ~~due~~provides onthat the ~~first~~Borrower ~~day~~has ofthe ~~each~~option ~~month~~to ~~starting~~extend ~~November~~the 1amended maturity date two times, ~~2025.~~with ~~The~~the ~~Thrivent~~first ~~Loan~~extension ~~matures~~for ona ~~October~~period 1,of ~~2030.~~four ~~Prepayment~~months inand ~~full~~the issecond ~~allowed~~extension ~~upon~~for ~~payment~~a period of asix ~~Reinvestment~~months, ~~Charge~~each ~~(as~~provided ~~defined~~that incertain ~~the~~customary ~~Thrivent~~conditions ~~Promissory~~are ~~Note)~~met. ifOther ~~prepaid~~than onthe ormodified ~~before~~terms ~~April~~described 1above, ~~2030~~the ~~and~~material ~~without~~terms ~~payment~~ of athe ~~Reinvestment~~KeyBank ~~Charge~~Credit ifAgreement ~~prepaid~~and ~~after~~the ~~April~~KeyBank 1Credit Facility, ~~2030.~~as previously amended, remain unchanged.

The ~~Thrivent~~foregoing ~~Loan~~summary ~~is secured by, among other things, first-lien deeds~~ of ~~trust~~the ~~and~~Sixth ~~mortgages~~Amendment ~~encumbering~~does ~~seven~~not ~~properties~~purport ~~owned~~to bybe ~~the~~a ~~Borrowers~~complete description and is ~~guaranteed~~qualified byin ~~Sealy~~its ~~Industrial~~entirety ~~Partners~~by IVthe ~~OP,~~full ~~LP,~~text ~~a wholly owned subsidiary~~ of the ~~Registrant.~~Sixth ~~The Thrivent Loan Agreement~~Amendment, ~~the~~which ~~Thrivent~~is ~~Promissory~~attached ~~Note~~hereto ~~and~~as ~~the~~Exhibit ~~documents~~10.1 ~~associated with the Thrivent Loan contain representations, warranties, covenants, events of default~~ and ~~indemnities~~is ~~that~~incorporated ~~are~~herein ~~customary~~by ~~for loans of this type~~reference.

The proceeds from the Thrivent Loan, net of lenders fees and expenses, were used to pay off the outstanding balance under the Registrant’s existing revolving credit facility with KeyBank National Association in the amount of $76.5 million.

The foregoing summary of the Thrivent Loan Agreement and the Thrivent Promissory Note does not purport to be a complete description and is qualified in its entirety by the full text of the Thrivent Loan Agreement and the Thrivent Promissory Note, which are attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively, and are incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
10.1	~~Loan~~Sixth ~~Agreement,~~Amendment ~~dated~~to ~~September~~Credit ~~11,~~Agreement ~~2025,~~between ~~by and among Thrivent Financial for Lutherans and~~ Sealy ~~Gardner~~Industrial ~~Avenue,~~Partners ~~L.L.C.,~~IV ~~Sealy South Green Road~~OP, ~~L.L.C.,~~LP ~~Sealy~~and ~~Commercial~~KeyBank ~~Drive~~National IIAssociation, ~~L.L.C.,~~dated ~~Sealy~~September ~~Pederson Road~~19, ~~L.L.C., Sealy Crossroads L, L.L.C., Sealy Stateline K, L.L.C., and Sealy Northpoint One, L.L.C.~~2025
10.2	Promissory Note, dated September 11, 2025
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.

		Sealy Industrial Partners IV, LP
Date: September 17, 2025	By:	Sealy Industrial Partners IV GP, LLC, its general partner
Date: September 22, 2025	By:	Sealy Industrial Partners IV GP, LLC, its general partner
		/s/ Mark P. Sealy
		Name: Mark P. Sealy
		Manager

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