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EX-99.1 - CARVE-OUT FINANCIAL STATEMENTS - Pacific Oak Strategic Opportunity REIT II, Inc.kbssorii8kaex991.htm
EX-99.2 - UNAUDITED PRO FORMA CONSOLIDATED FINANCIAL STATEMENTS - Pacific Oak Strategic Opportunity REIT II, Inc.kbssorii8kae992.htm


 
 
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________
 
FORM 8-K/A
__________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 30, 2014

KBS STRATEGIC OPPORTUNITY REIT II, INC.
(Exact Name of Registrant as Specified in Its Charter)
______________________________________________________

Maryland
 
333-192331
 
46-2822978
(State or Other Jurisdiction of
Incorporation or Organization)
 
(Commission File
Number)
 
I.R.S. Employer
Identification No.
 

800 Newport Center Drive, Suite 700
Newport Beach, California 92660
(Address of principal executive offices)

Registrant’s telephone number, including area code: (949) 417-6500

620 Newport Center Drive, Suite 1300
Newport Beach, California 92660
(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))

 
 
 
 
 






ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On January 5, 2015, KBS Strategic Opportunity REIT II, Inc. (the “Company”), through a joint venture (“Springmaid Property JV”) between the Company’s wholly owned subsidiary and ICM Myrtle Beach Holdings LLC, acquired a 30-acre resort property, containing a 491-room hotel, a 36,000 square foot conference center, a 187-unit recreational vehicle campground and a 1,060-foot pier (the “Springmaid Beach Resort”) from Leroy Springs & Company, Inc. The Company hereby amends the Form 8-K dated December 30, 2014 to provide the required financial information related to Springmaid Property JV’s acquisition of the Springmaid Beach Resort.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a)
Financial Statements of Business Acquired. The audited balance sheets of Leroy Springs & Company, Inc. as of September 30, 2014 and December 31, 2013 and the related audited statements of operations, statements of owner’s net equity (deficit) and statements of cash flows for the nine months ended September 30, 2014 and year ended December 31, 2013 are attached hereto as Exhibit 99.1 and are included herein.
(b)
Pro Forma Financial Information. The unaudited pro forma consolidated balance sheet of the Company as of September 30, 2014, and the unaudited pro forma consolidated statements of operations of the Company for the nine months ended September 30, 2014 and the year ended December 31, 2013 are attached hereto as Exhibit 99.2 and are included herein.
(d)
Exhibits
Ex.
 
Description
 
 
 
99.1
 
CARVE-OUT FINANCIAL STATEMENTS Springmaid Beach Resort and Conference Center
(A Carve-Out of Leroy Springs & Company, Inc.) Nine Months Ended September 30, 2014 and Year Ended December 31, 2013 With Report of Independent Auditors
 
 
 
99.2
 
KBS Strategic Opportunity REIT II’s Unaudited Pro Forma Consolidated Financial Statements as of September 30, 2014, and for the nine months ended September 30, 2014 and the year ended December 31, 2013






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.
 
 
 
 
 
 
 
KBS STRATEGIC OPPORTUNITY REIT II, INC.
 
 
 
Dated: March 17, 2015
 
BY:
 
/s/ DAVID E. SNYDER
 
 
 
 
David E. Snyder
 
 
 
 
Chief Financial Officer, Treasurer and Secretary