2025-11-10T14:52:26-06:00 2024-12-31 PwC US Tax LLP 101 SEAPORT BLVD SUITE 500 BOSTON MA 02210 990 2024-01-01 141847788 Seacliff Village Shopping Center Inc C/O BARINGS LLC % MICHAEL DOMAINGUE SEAC 8605092200 300 S TRYON ST SUITE 2500 CHARLOTTE NC 28202 Brenda Abbott DIRECTOR 8605092200 2025-11-05 true true LAURA MCNEIL P01427424 6175305000 2025-11-03 2024 2025-03-06 01:10:19Z JOHN KOLB 300 S TRYON ST SUITE 2500 CHARLOTTE NC 28202 9833655 false X N/A X 2002 DE REAL PROPERTY HOLDING COMPANY 3 0 0 0 0 0 9621323 9809725 2025 23930 0 0 9623348 9833655 0 0 0 0 0 0 0 0 0 5094227 5028710 5094227 5028710 4529121 4804945 138311092 135635112 81332208 81559115 56978884 54075997 REAL PROPERTY HOLDING COMPANY false false 531120 5028245 9833656 THE ORGANIZATION ACQUIRED AND HELD TITLE TO REAL PROPERTY, COLLECTED AND REMITTED THE INCOME THEREFROM TO ITS OWNER THE LUCENT MASTER PENSION TRUST (A TAX-EXEMPT ENTITY). 5028245 false false false false false false false false false false false true false true true false true false false false false false false false false false false false true false false false false false false false false false false false true false false true 11 0 0 false false false false false false X 3 0 true true false false true true false true true false false true false false false false false false CA X MICHAEL DOMAINGUE 8605092200 C/O BARINGS LLC300 S TRYON STSTE CHARLOTTE NC 28202 X BARINGS LLC NON-MEMBER MANAGER 1.0 6.0 X 0 3156917 0 JOHN KOLB PRESIDENT & DIRECTOR 2.0 2.0 X X 0 0 0 CHRISTOPHER BLACK VICE PRESIDENT 0.0 1.0 X X 0 0 0 MICHAEL DOMAINGUE TREASURER 2.0 0.0 X 0 0 0 LORI DYER ASSISTANT VICE PRESIDENT 0.0 0.0 X 0 0 0 JUSTIN HERMAN ASSISTANT VICE PRESIDENT 2.0 0.0 X 0 0 0 ANDREW COATES VICE PRESIDENT 0.0 0.0 X 0 0 0 BENJAMIN GREEN VICE PRESIDENT 0.0 0.0 X 0 0 0 SHAWN KIMBLE VICE PRESIDENT 0.0 0.0 X 0 0 0 L GEOFFREY SMITH VICE PRESIDENT 0.0 0.0 X 0 0 0 ROBERT WHITNEY VICE PRESIDENT 0.0 0.0 X 0 0 0 TAYLOR JOHNSON ASSISTANT VICE PRESIDENT 0.0 0.0 X 0 0 0 RAYMON TIERNAN ASSISTANT VICE PRESIDENT 0.0 0.0 X 0 0 0 0 3156917 0 0 false true false UNIVERSAL PROTECTION SERVICE LP SECURITY 335938 1 0 RENTAL INCOME 531120 9809725 9809725 9809725 23930 23930 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9833655 9833655 0 0 0 0 0 0 0 0 0 0 0 13335 13335 6611 6611 0 0 0 34826 34826 0 0 0 0 0 0 0 0 0 0 0 0 RENTAL EXPENSES 4973473 4973473 OTHER NON-OPERATING 465 465 5028710 4973473 55237 X 0 0 87143 568329 0 0 446889 29448 0 0 0 0 0 0 0 0 158361 149716 0 0 0 0 0 0 137200000 134600000 360760 233433 57939 54186 138311092 135635112 174884 174884 0 0 83824 41746 0 0 0 0 0 0 80600000 80600000 0 0 473500 742485 81332208 81559115 X 0 0 56978884 54075997 0 0 56978884 54075997 138311092 135635112 X 4804945 -3409832 -4298000 X false true X true false INVESTMENT IN REAL ESTATE 134600000 F 134600000 0 TENANT SECURITY DEPOSITS 136226 OTHER LIABILITIES 140874 OTHER DEPOSITS 2500 OTHER ACCRUED EXPENSES 462885 742485 X 990, PART X, LINE 2 - FIN 48 (ASC 740) FOOTNOTE: THE PARTICIPATING PLANS OPERATE WITH THE INTENTION TO QUALIFY AS PENSION PLANS UNDER SECTION 401(A) OF THE CODE, AND THE MPT THEREUNDER IS ENTITLED TO EXEMPTION FROM FEDERAL INCOME TAX UNDER THE PROVISION OF SECTION 501(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL, STATE OR LOCAL INCOME TAX HAS BEEN MADE. ASC 740, INCOME TAXES PROVIDES AUTHORITATIVE GUIDANCE FOR UNCERTAINTY IN TAX POSITIONS. THE MPT PERIODICALLY EVALUATES TAX POSITIONS THAT IT HAS TAKEN, EXPECTS TO TAKE OR THAT ARE OTHERWISE RELEVANT TO THE MPT FOR PURPOSES OF DETERMINING WHETHER ANY RELEVANT TAX POSITIONS WOULD "MORE-LIKELY-THAN-NOT" BE SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT HAS ANALYZED SUCH TAX POSITIONS AND HAS CONCLUDED THAT NO UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED FOR UNCERTAIN TAX POSITIONS FOR ALL OPEN TAX YEARS. THE MPT IDENTIFIES ITS MAJOR TAX JURISDICTIONS AS JURISDICTIONS WHERE IT OPERATES AND FOREIGN JURISDICTIONS WHERE IT CONDUCTS INVESTING ACTIVITY. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. TAX POSITIONS THAT ARE NOT DEEMED TO MEET A MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS TAX EXPENSE IN THE ACCOMPANYING STATEMENTS OF CHANGES IN NET ASSETS. IF THE TAX LAW REQUIRES INTEREST AND/OR PENALTIES TO BE PAID ON AN UNDERPAYMENT OF INCOME TAXES, THE MPT RECORDS SUCH INTEREST AND PENALTIES AS INCOME TAXES IN THE FINANCIAL STATEMENTS, IF APPLICABLE. FOR THE YEARS ENDED DECEMBER 31, 2024, AND 2023, THE MPT DID NOT INCUR ANY INTEREST OR PENALTIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE MPT AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN. THE MPT HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE MPT IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. 990, PART X, LINE 25 - OTHER LIABILITIES DETAIL FOOTNOTE: TENANT SECURITY DEPOSITS 136,226 OTHER LIABILITIES 140,874 OTHER DEPOSITS 2,500 OTHER ACCRUED EXPENSES 462,885 TOTAL 742,485 X BARINGS LLC NON-MEMBER MANAGER 3156917 3156917 990, PART VI, LINE 2 - ALL OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE EMPLOYEES OF BARINGS, LLC WHICH PROVIDES REAL ESTATE MANAGEMENT SERVICES TO THE ENTITY ON BEHALF OF LUCENT MASTER PENSION TRUST. 990, PART VI, LINE 3 - BARINGS, LLC HAS BEEN ENGAGED BY LUCENT MASTER PENSION TRUST TO PERFORM ALL MANAGEMENT DUTIES. 990, PART VI, LINE 6 - THE SOLE SHAREHOLDER, LUCENT MASTER PENSION TRUST, HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE AND TO RECEIVE DISTRIBUTIONS FROM THE ORGANIZATION IN ACCORDANCE WITH ITS EXEMPT PURPOSE. (SEE PART III, LINE 4A) 990, PART VI, LINE 7A - THE SOLE SHAREHOLDER, LUCENT MASTER PENSION TRUST ELECTS DIRECTORS. 990, PART VI, LINE 11A AND 11B - A COPY OF THE ORGANIZATION'S FINAL FORM 990 WAS DISTRIBUTED TO LUCENT MASTER PENSION TRUST AND TO EACH VOTING MEMBER OF THE GOVERNING BODY PRIOR TO ITS FILING WITH THE IRS. THE ASSISTANT TREASURER REVIEWED THE FORM 990 PRIOR TO SIGNING AND FILING WITH THE IRS. 990, PART VI, LINES 12A, 13 & 14 - THE MEMBERS OF THE GOVERNING BODY ARE EMPLOYEES OF THE MANAGEMENT COMPANY AND ARE SUBJECT TO THE CONFLICT OF INTEREST AND OTHER POLICIES OF THE MANAGEMENT COMPANY. 990, PART VI, LINES 15A & 15B - THE ORGANIZATION HAS NO EMPLOYEES AND DOES NOT PAY COMPENSATION TO ITS OFFICERS OR DIRECTORS. 990, PART VI, LINE 19 - THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS: CONTRIBUTIONS FROM OWNER - DISTRIBUTIONS TO OWNER ( 4,298,000) LOAN PROCEEDS DISTRIBUTION - LUCENT MASTER PENSION TRUST (PARENT) 600 MOUNTAIN AVENUE MURRAY HILL NJ 07974 223463544 PENSION NJ 501(A)&(C) N/A NA false RANCHO CUCAMONGA II INC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 043243602 HOLDING CO CA 501(C)(25) N/A LMPT(PARENT) false TEXAS MR INC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 263059661 HOLDING CO TX 501(C)(25) N/A LMPT(PARENT) false LT SACRAMENTO MF LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 463841394 HOLDING CO CA 501(C)(25) N/A LMPT(PARENT) false LT ORCHARD PARKWAY LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 900866452 HOLDING CO CA 501(C)(25) N/A LMPT(PARENT) false LT ORCHARD PARKWAY INVESTORS LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 455637703 HOLDING CO CA 501(C)(25) N/A LMPT(PARENT) false 3445 PT BUCKHEAD LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 HOLDING CO GA 501(C)(25) N/A LMPT(PARENT) false AEW LT BROOMFIELD TOWN CENTRE LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 HOLDING CO CO 501(C)(25) N/A LMPT(PARENT) false GREENVILLE STATION LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 HOLDING CO SC 501(C)(25) N/A LMPT(PARENT) false RF RETAIL LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 HOLDING CO NC 501(C)(25) N/A LMPT(PARENT) false VILLAS AT OC LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 HOLDING CO MA 501(C)(25) N/A LMPT(PARENT) false WATERVIEW I-III LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 HOLDING CO CO 501(C)(25) N/A LMPT(PARENT) false WYNKOOP DEVELOPMENT LLC C/O BARINGS LLC 300 S TRYON STREE CHARLOTTE NC 28202 HOLDING CO CO 501(C)(25) N/A LMPT(PARENT) false false false false false false false false false false false false false false false false false true false LUCENT MASTER PENSION TRUST r 4298000 CASH