{"filing":{"accession_number":"0001999371-26-011367","cik":"0002066337","ticker":null,"company_name":"CNL Strategic Residential Credit, Inc.","form":"8-K","filing_date":"2026-05-22","report_date":null,"primary_document":"cnl-8k_052226.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2066337/000199937126011367/cnl-8k_052226.htm"},"events":[{"id":9232,"run_id":8100,"accession_number":"0001999371-26-011367","anchor_item_number":"1.01","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"summary":"CNL Strategic Residential Credit entered into a First Amendment to its Loan and Security Agreement with Valley National Bank on May 22, 2026, expanding the existing $15 million revolving line of credit by an additional $5 million to support liquidity covenant compliance under existing repurchase agreement facilities. The amendment reflects the Company's need to enhance financial flexibility and maintain covenant compliance.","company_name":"CNL Strategic Residential Credit, Inc.","ticker":null,"filing_date":"2026-05-22","form":"8-K","submitted_at":null,"items":[{"id":1342,"accession_number":"0001999371-26-011367","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The Company entered into a First Amendment to its Loan and Security Agreement with Valley National Bank on May 22, 2026, expanding the existing $15 million revolving line of credit to permit an additional $5 million in credit specifically to satisfy liquidity covenants under existing repurchase agreement facilities. While this is a material definitive agreement amendment affecting the Company's credit capacity and covenant compliance, it does not fit cleanly into the more specific event categories (not an M\u0026A transaction, not a covenant breach per se, not a restatement or auditor change). The amendment's purpose—enabling the Company to meet existing liquidity covenants—suggests potential liquidity pressure, but the disclosure does not explicitly state a covenant breach or going-concern issue. This is best classified as a material credit facility modification that would affect a reasonable investor's assessment of the Company's financial flexibility and covenant compliance posture.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-26T03:41:06.921361+00:00","company_name":"","ticker":null,"filing_date":""},{"id":1343,"accession_number":"0001999371-26-011367","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation via a \"First Amendment\" incorporated by reference from Item 1.01. Without access to Item 1.01's full text, the nature of the obligation cannot be definitively classified. The amendment could relate to debt covenant modifications (covenant_breach), M\u0026A activity (ma_activity), or other material financial arrangements. The materiality is clear given the Item 2.03 disclosure, but the specific event type remains ambiguous without the referenced Item 1.01 content.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-26T03:41:06.921361+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":9233,"run_id":8100,"accession_number":"0001999371-26-011367","anchor_item_number":"8.01","event_type":"other_material","event_domain":"catchall","is_material":false,"confidence":0.75,"summary":"The Company disclosed routine administrative matters including determination of net asset value per share, adjustment of offering prices for a private offering, declaration of monthly distributions, and a summary of investment activity ($9.2M in preferred equity and $45.2M in mortgage loans), all consistent with ordinary course operations.","company_name":"CNL Strategic Residential Credit, Inc.","ticker":null,"filing_date":"2026-05-22","form":"8-K","submitted_at":null,"items":[{"id":1344,"accession_number":"0001999371-26-011367","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":false,"confidence":0.75,"reasoning":"This Item 8.01 disclosure covers routine administrative matters: determination of net asset value per share, adjustment of offering prices for a private offering, declaration of monthly distributions, and a summary of investment activity. While the NAV determination and offering price adjustment are standard for a non-traded REIT, none of these disclosures represent a material event that would affect a reasonable investor's assessment of the registrant's financial condition or prospects. The investment activity ($9.2M in preferred equity and $45.2M in mortgage loans) is consistent with the Company's ordinary course of business as a residential credit investment vehicle.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-26T03:41:06.921361+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":1342,"accession_number":"0001999371-26-011367","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The Company entered into a First Amendment to its Loan and Security Agreement with Valley National Bank on May 22, 2026, expanding the existing $15 million revolving line of credit to permit an additional $5 million in credit specifically to satisfy liquidity covenants under existing repurchase agreement facilities. While this is a material definitive agreement amendment affecting the Company's credit capacity and covenant compliance, it does not fit cleanly into the more specific event categories (not an M\u0026A transaction, not a covenant breach per se, not a restatement or auditor change). The amendment's purpose—enabling the Company to meet existing liquidity covenants—suggests potential liquidity pressure, but the disclosure does not explicitly state a covenant breach or going-concern issue. This is best classified as a material credit facility modification that would affect a reasonable investor's assessment of the Company's financial flexibility and covenant compliance posture.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-26T03:41:06.921361+00:00","company_name":"CNL Strategic Residential Credit, Inc.","ticker":null,"filing_date":"2026-05-22"},{"id":1343,"accession_number":"0001999371-26-011367","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation via a \"First Amendment\" incorporated by reference from Item 1.01. Without access to Item 1.01's full text, the nature of the obligation cannot be definitively classified. The amendment could relate to debt covenant modifications (covenant_breach), M\u0026A activity (ma_activity), or other material financial arrangements. The materiality is clear given the Item 2.03 disclosure, but the specific event type remains ambiguous without the referenced Item 1.01 content.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-26T03:41:06.921361+00:00","company_name":"CNL Strategic Residential Credit, Inc.","ticker":null,"filing_date":"2026-05-22"},{"id":1344,"accession_number":"0001999371-26-011367","item_number":"8.01","item_title":"Other Events.","event_type":"other_material","event_domain":"catchall","is_material":false,"confidence":0.75,"reasoning":"This Item 8.01 disclosure covers routine administrative matters: determination of net asset value per share, adjustment of offering prices for a private offering, declaration of monthly distributions, and a summary of investment activity. While the NAV determination and offering price adjustment are standard for a non-traded REIT, none of these disclosures represent a material event that would affect a reasonable investor's assessment of the registrant's financial condition or prospects. The investment activity ($9.2M in preferred equity and $45.2M in mortgage loans) is consistent with the Company's ordinary course of business as a residential credit investment vehicle.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-26T03:41:06.921361+00:00","company_name":"CNL Strategic Residential Credit, Inc.","ticker":null,"filing_date":"2026-05-22"}]}
