Item 1.01. Entry into a Material Definitive Agreement.

On October 29, 2018, Strategic Realty Trust, Inc. (the "Company") entered into a loan agreement (the "Sunset & Gardner Loan") with Lone Oak Fund, LLC (the "Lender"). On September 7, 2022, the Company and the Lender extended the maturity date of the Sunset & Gardner Loan to October 31, 2023, an additional one-year period from the current maturity date. The interest rate of the Sunset & Gardner Loan was increased to 8.6% per annum in connection with the extension. All other terms and conditions of the loan remain unchanged.

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