Gyrodyne Subsidiary Extends Loan With SIG CRE 2023 Venture to October 2031

• Gyrodyne's subsidiary GSD Cortlandt extended its loan with SIG CRE 2023 Venture five years to October 10, 2031.
• The extension agreement was dated October 19, 2026, effective October 10, 2026.
• The loan, originally $4.95 million, carries a reset interest rate of 7.28% annually.
• GSD Cortlandt paid down $431,411.38; outstanding principal totaled $4.04 million following the scheduled principal and interest payment.
• The parent reaffirmed its limited guaranty and environmental indemnity obligations.

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