<SEC-DOCUMENT>0001474506-15-000140.txt : 20150730
<SEC-HEADER>0001474506-15-000140.hdr.sgml : 20150730
<ACCEPTANCE-DATETIME>20150730130534
ACCESSION NUMBER:		0001474506-15-000140
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150730
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
FILED AS OF DATE:		20150730
DATE AS OF CHANGE:		20150730

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRP HOLDINGS, INC.
		CENTRAL INDEX KEY:			0000844059
		STANDARD INDUSTRIAL CLASSIFICATION:	TRUCKING & COURIER SERVICES (NO AIR) [4210]
		IRS NUMBER:				472449198
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36769
		FILM NUMBER:		151015383

	BUSINESS ADDRESS:	
		STREET 1:		200 W. FORSYTH ST.
		STREET 2:		7TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202
		BUSINESS PHONE:		9043965733

	MAIL ADDRESS:	
		STREET 1:		200 W. FORSYTH ST.
		STREET 2:		7TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PATRIOT TRANSPORTATION HOLDING INC
		DATE OF NAME CHANGE:	20010425

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FRP PROPERTIES INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>frphform8k2_03-2015.txt
<DESCRIPTION>FORM 8-K
<TEXT>

                               UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C.  20549

                          -----------------------
                                FORM 8-K
                          -----------------------

                               CURRENT REPORT
                      Pursuant to Section 13 or 15(d)
                  of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported):  July 24, 2015

---------------------------------------------------------------------------
                             FRP HOLDINGS, INC.
           (Exact name of registrant as specified in its charter)
---------------------------------------------------------------------------

	   FLORIDA		0-17554		47-2449198
	   --------------	----------	---------------
	   (State or other	(Commission	(I.R.S. Employer
	   jurisdiction		File Number)	Identification No.)
	   of incorporation

200 W. Forsyth Street, 7th Floor, Jacksonville, FL
Jacksonville, Florida					        32202
--------------------------------------------------            ---------
(Address of principal executive offices)		     (Zip Code)

Registrant's telephone number, including area code:  (904) 396-5733


---------------------------------------------------------------------------
       (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))




<PAGE>




                         CURRENT REPORT ON FORM 8-K

                             FRP HOLDINGS, INC.

                                July 30, 2015


Section 2 - Financial Information

ITEM 2.03. CREATION OF A DIRECT FINANCIAL OBLIGATION
           OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET
           ARRANGEMENT OF A REGISTRANT

      On July 24, 2015, two subsidiaries of the Company, FRP Development Corp.
and FRP Manassas LLC, as co-borrowers (the "Borrowers"), simultaneously closed
$2,000,000 and $18,000,000 revolving lines of credit (collectively, the "Lines
of Credit") with First Tennessee Bank National Association (the "Lender").
The Lines of Credit are secured by a first priority Credit Line Deed of Trust,
Assignment of Rents and Leases, Security Agreement and Fixture Filing
encumbering real and personal property of FRP Manassas LLC located in the
Commonwealth of Virginia.

      FRP Holdings, Inc. guaranteed payment and performance of the Borrowers
under the Lines of Credit pursuant to that certain Guaranty and Suretyship
Agreement (the "Guaranty").

      Interest on the Lines of Credit accrues at a rate equal to the London
Interbank Offered Rate of interest for an interest period of one (1) month
plus a margin of 1.90% per annum with a current interest rate of 2.089% per
annum (the "Interest Rate").  The Interest Rate adjusts on the first day of
each calendar month.

      Interest only on the outstanding principal balance is due and payable
in arrears on the first day of each month commencing on September 1, 2015.
The entire unpaid principal amount hereof, together with accrued and unpaid
interest thereon and all other amounts payable hereunder, shall be due and
payable in full on July 24, 2020. The Company has the right on or prior to
July 24, 2017, to convert up to the full amount of the facility to a ten
year term loan at the same interest rate applicable to the Lines of Credit
provided certain conditions are satisfied including no default under the
Lines of Credit and satisfactory substitute collateral is pledged to secure
the converted term loan.

<PAGE>

                                 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.

				FRP HOLDINGS, INC.


Date:  July 30, 2015         By:  /s/ John D. Milton, Jr.
      				-------------------------------------------
				John D. Milton, Jr.
				Executive Vice President
                                and Chief Financial Officer

<PAGE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
