{"filings":[{"id":2510436,"accession_number":"0001104659-26-102253","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-08-27T15:56:09+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q2 2026 share repurchases at ~3% due to funding limit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On Aug 26, 2026, Board determined Funding Limitation reached for Q2 2026 (quarter ended June 30, 2026) due to insufficient DRIP net proceeds.","Deceased stockholders' share repurchase requests will be honored in full; no requests in disability/emergency or small-account categories.","Remaining repurchase requests will be prorated at approximately 3% of shares requested; unfulfilled requests carry over automatically."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1931756,"accession_number":"0001104659-26-088010","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-07-29T16:25:21+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT renews advisory agreement; updates CA suitability standards","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized one-year renewal of Advisory Agreement with Procaccianti Hotel Advisors, LLC, effective Aug 2, 2026.","Renewal follows board review of Advisor's performance over the past year.","Suitability standards for Class K and K-I shares updated for California DRIP participants effective Aug 4, 2026.","New CA standards: liquid net worth >= $350k OR gross income >= $100k and net worth >= $100k; max investment 10% of net worth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1817916,"accession_number":"0001104659-26-086143","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-07-23T15:10:52+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes $946,706 in Q2 distributions for K and K-I shares and OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $671,513 for K Shares and $252,833 for K-I Shares for Q2 2026, payable Aug 4 to holders of record Aug 3.","Also authorized $22,360 distribution for Class K OP Units held by Affiliate Sellers of the Hilton Garden Inn property.","Accrual rate of 7% per annum for all classes, unchanged from prior quarter.","Distributions paid from legally available funds; no change in dividend policy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1019036,"accession_number":"0001104659-26-073345","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-06-12T16:40:28+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT NAV: A Shares $5.91 (down from $7.14), K Shares $10.17","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated per share NAV as of March 31, 2026: K-I $10.17, K $10.17, A $5.91, B $0.00.","A Share NAV fell 17% from $7.14 a year ago; K Shares unchanged.","Total NAV decreased to $58.5M from $59.2M as of March 31, 2025.","Real estate values grew to $127.1M (vs $125.4M), mortgage notes payable rose to $67.2M (vs $64.8M).","Board approved values after review by independent appraiser Stanger & Co."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":691876,"accession_number":"0001104659-26-066816","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-05-27T18:35:21+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q1 2026 share repurchases at 1.3% due to funding limit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined Funding Limitation reached for Q1 2026; insufficient DRIP proceeds to cover all requests.","Deceased stockholders' shares repurchased in full; no requests under other priority categories.","Remaining repurchase requests prorated at approximately 1.3% of shares requested.","Unfulfilled requests automatically carried over to subsequent repurchase periods unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":24402,"accession_number":"0001104659-26-059077","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-05-12T13:30:17+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT renegotiates $15.6M loan; rate cut to 6.50% on Traverse City hotel debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Interest rate reduced to fixed 6.50% from prior rate; effective May 6, 2026.","Maturity unchanged at June 6, 2027; principal remains $15.6M.","Lender now Beacon Bank & Trust (successor by merger to Berkshire Bank).","Loan secured by Hotel Indigo Traverse City property and business assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94733,"accession_number":"0001104659-26-050243","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Board authorizes Q1 2026 distributions totaling $913,871 for K and K-I shares and $22,115 for Class K OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["K Share accrual $665,355; K-I Share accrual $248,516; both at 7% per annum ($0.001917808 per share/day).","Class K OP Unit accrual $22,115 at same rate for period from issuance through Dec 31, 2025.","Distributions payable to holders of record as of March 31, 2026 from legally available funds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107329,"accession_number":"0001104659-26-023003","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-03-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q4 2025 repurchases at 3.6% due to insufficient DRIP proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined Funding Limitation reached for Q4 2025; DRIP net proceeds insufficient to fund all repurchase requests.","Deceased stockholders' shares repurchased in full; no qualifying disability or small account requests.","Remaining repurchase requests prorated at approximately 3.6% of shares requested.","Unfulfilled requests carried over to subsequent repurchase periods unless withdrawn five business days prior."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107328,"accession_number":"0001104659-26-010843","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes Q4 2025 distributions totaling ~$957K for K and K-I shares and OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized distributions of $681,398 for Class K common stock and $252,796 for Class K-I common stock for quarter ended Dec 31, 2025.","Additionally, $22,606 distribution authorized for Class K OP units held by affiliate sellers of Hilton Garden Inn property.","Accrual rate of 7% per annum ($0.001917808 per share/unit per day) for all classes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107327,"accession_number":"0001104659-26-008505","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT updates Alabama suitability standards for DRIP participants","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective Feb 2, 2026, new Alabama investor requirements: net worth ≥$350K (excluding home, car) or net worth ≥$100K and income ≥$100K.","Aggregate investment in non-traded direct participation programs limited to 10% of liquid net worth; exceptions for DRIP and accredited investors.","Amendment applies to Class K, K-I, K-T stockholders participating in the distribution reinvestment plan.","Update deletes and replaces the previous Alabama standard in the prospectus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107326,"accession_number":"0001104659-26-004943","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["1.01","5.07","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT removes advisory fee sunset; stockholder vote approves amendment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Second Amended and Restated Advisory Agreement eliminates Aug. 13, 2026 deadline for asset management fee to cease accruing.","Deadlines for interest on deferred acquisition and disposition fees also removed, making advisor fees indefinite.","Stockholders approved amendment with 2.4M votes for, 315k against, 250k abstentions.","Directors elected: James Procaccianti, Gregory Vickowski, Lawrence Aubin, Thomas Engel, Ronald Ohsberg.","Advisor Procaccianti Hotel Advisors will now receive ongoing asset management fees without termination date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123687,"accession_number":"0001104659-25-122898","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-12-19T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT annual meeting adjourned due to lack of quorum; reconvenes Jan 19, 2026","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting convened Dec 19, 2025 at 10:00 a.m. ET; insufficient shares for quorum.","No business conducted; meeting adjourned to Jan 19, 2026 at 10:00 a.m. ET at same location.","Record date remains Oct 14, 2025; previously submitted proxies valid unless revoked.","Company will continue soliciting proxies for proposals unchanged from Oct 28 proxy statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123686,"accession_number":"0001104659-25-116267","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-11-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q3 repurchases to 4.6% after funding cap hit","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board determined insufficient DRIP proceeds to fund all Q3 repurchase requests, triggering Funding Limitation.","Deceased stockholders' shares repurchased in full; no priority category (i) or (ii) requests.","Remaining repurchase requests prorated at approximately 4.6% of shares requested.","Unfulfilled requests automatically carried to next repurchase period unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123685,"accession_number":"0001104659-25-104686","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-10-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes $933,805 in Q3 distributions for K and K-I shares, plus $22,606 for OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized Q3 common stock distributions: $682,533 for K shares and $251,272 for K-I shares, totalling $933,805.","Distribution accrual rate of 7% per annum ($0.001917808 per share per day) for both K and K-I share classes.","Also authorized $22,606 in distributions to Class K OP units held by Affiliate Sellers of Hilton Garden Inn property.","Distributions payable from legally available funds; record date September 30, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140374,"accession_number":"0001104659-25-083077","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q2 share repurchases at 2.4% due to funding limitation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined Funding Limitation reached for Q2 2025; insufficient net DRIP proceeds.","All repurchase requests prorated at approximately 2.4% of shares requested.","Deceased stockholders' shares repurchased in full; one qualifying disability request not prioritized.","No small-account repurchase requests (<100 shares) received.","Repurchase date August 26, 2025; unfulfilled requests auto-carried forward."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140373,"accession_number":"0001104659-25-073060","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-08-01T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes $945K in quarterly distributions for Q2 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $676,113 distribution on K Shares and $247,029 on K-I Shares for quarter ended June 30, 2025.","Class K OP Unit distribution of $22,360 authorized for affiliate sellers of Hilton Garden Inn property.","Daily accrual rate of $0.001917808 per share/unit, reflecting 7% annual rate.","Record date June 30, 2025; distributions paid from legally available funds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140372,"accession_number":"0001104659-25-071185","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT board authorizes ~$2.4M per A share distribution on Aug 1, 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Cumulative distribution of $683,680 per A share for Sept 29, 2016 – Mar 30, 2020 at 6% annual accrual rate.","Cumulative distribution of $1,704,392 per A share for Apr 1, 2020 – Jun 30, 2024 at 7% annual accrual rate.","Total A Share Accrual of $2,388,072 per share authorized for payment on or about August 1, 2025.","Board authorized distribution out of legally available funds for shares outstanding as of June 30, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140371,"accession_number":"0001104659-25-067729","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-07-14T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT refinances $19.2M debt on Providence Hilton Garden Inn","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed $19.2M via secured promissory note from Rockland Trust to refinance existing $16.9M debt and pay closing costs.","Interest rate: FHLBB Classic Advance Rate (5-year) plus 2.0% fixed; interest-only for 2 years, then 300-month amortization.","Maturity date 5 years from July 10, 2025; prepayment penalty 2% in year 1, 1% in year 2, none thereafter.","Loan secured by first mortgage on 137-room Hilton Garden Inn in Providence, RI; guaranteed by company.","Refinancing through subsidiary Gano Holdings, LLC; includes customary covenants and events of default."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158022,"accession_number":"0001104659-25-063473","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT updates estimated per share NAV; Class A drops to $7.14 from $9.82","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated per share NAV as of March 31, 2025: Class K-I and K shares $10.17, Class A shares $7.14, Class B shares $0.00.","Class A NAV declined 27.3% from $9.82 a year earlier; K shares unchanged at $10.17.","Total real estate portfolio appraised at $109.1M (company ownership interest), vs. cost plus improvements of $97.6M.","Net asset value fell to $59.2M from $60.7M year-over-year; Class A accrued unpaid distributions rose to $2.69M.","No Class K-T shares outstanding; valuations used discount rates of 10.25%–10.75% and terminal cap rates of 8.75%–9.25%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158021,"accession_number":"0001104659-25-052301","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-05-23T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q1 2025 share repurchases at 2.4% due to funding limit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined Funding Limitation reached for Q1 2025; insufficient DRIP net proceeds to fund all repurchase requests.","Deceased stockholders' shares repurchased in full; no other priority category requests received.","Remaining repurchase requests prorated at approximately 2.4% of shares requested.","Unfulfilled requests automatically carry over to subsequent periods unless withdrawn five business days prior."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158020,"accession_number":"0001104659-25-039327","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-04-25T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes $935K in distributions for Q1 2025","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $670,156 distribution for Class K common stock, reflecting 7% per annum accrual.","Board authorized $242,972 distribution for Class K-I common stock, also at 7% per annum.","$22,115 distribution authorized for Class K OP units held by affiliate sellers of Hilton Garden Inn.","Daily accrual rate of $0.001917808 per share/unit for all classes, consistent with charter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176410,"accession_number":"0001104659-25-010134","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q4 2024 share repurchases to 93.9% due to DRIP funding limitation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined Funding Limitation reached for Q4 2024; insufficient net DRIP proceeds to fund all repurchase requests.","Deceased stockholders' shares repurchased on pro rata basis at approximately 93.9% of requested shares.","No repurchase requests from other priority categories (qualifying disabilities, small accounts) were received in Q4.","Unfulfilled repurchase requests will be carried over automatically to subsequent periods unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176409,"accession_number":"0001104659-25-004397","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-01-17T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Stockholders re-elect five directors at 2024 Annual Meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Each director received over 2.9 million For votes; Withheld votes ranged from 94,769 to 125,353.","No broker non-votes were cast for any director nominee.","All five nominees were re-elected to serve until the 2025 annual meeting.","Meeting held on January 17, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176408,"accession_number":"0001104659-25-003429","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2025-01-14T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Board okays $684K distribution on K Shares, $246K on K-I Shares, $23K on OP Units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["K Share distribution: $684,393 cumulative accrued for quarter ended Dec 31, 2024 at 7% per annum.","K-I Share distribution: $245,671 cumulative accrued at same rate.","Class K OP Unit distribution: $22,544 cumulative accrued for affiliate sellers.","Daily accrual rate: $0.0019125683 per share/unit (7% annual).","Payments from legally available funds; record date Dec 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193264,"accession_number":"0001104659-24-130557","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT adjourns 2024 annual meeting due to lack of quorum; reconvenes Jan 17, 2025","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting on Dec 20, 2024 adjourned because insufficient shares for a quorum; no business conducted.","Reconvened meeting scheduled Jan 17, 2025 at 10:00 a.m. ET at Company's offices in Cranston, RI.","Record date remains Oct 3, 2024; previously submitted proxies will be voted unless revoked.","Company continues to solicit proxies; no changes have been made to the proposals in the proxy statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193263,"accession_number":"0001104659-24-120968","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-11-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q3 share repurchases at 44.9% due to DRIP funding cap","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board found insufficient DRIP net proceeds to fund all September 30, 2024 repurchase requests.","Deceased stockholders' shares repurchased at prorated rate of approximately 44.9%.","One qualifying-disability request was received but not prioritized; no small-account requests.","Unfulfilled repurchase requests automatically carry over to future periods unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193262,"accession_number":"0001104659-24-112962","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes $952,288 in distributions for Q3 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $685,731 for K Shares, $244,012 for K-I Shares, and $1 for K-T Shares as accrued distributions.","Class K OP Unit distributions of $22,544 authorized for Affiliate Sellers.","Accrual rate of 7% per annum equates to $0.0019125683 per share per day for all classes.","Record date for distribution is September 30, 2024; payment authorized from legally available funds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209624,"accession_number":"0001104659-24-089976","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-08-15T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q2 2024 share repurchases at ~31.38% due to funding limit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined on Aug 14, 2024 that net proceeds from DRIP were insufficient to fund all Q2 repurchase requests.","Deceased stockholders' shares will be repurchased on a pro rata basis at approximately 31.38% of the requested shares.","One qualifying disability request (category i) was not prioritized; no small-account requests (category ii) were received.","Unfulfilled repurchase requests will automatically carry over to subsequent quarters unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209623,"accession_number":"0001104659-24-086135","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes Q2 2024 distributions totaling ~$941K on common shares and OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board approved distributions for K, K-I, K-T shares outstanding June 30, 2024 at 7% per annum accrual.","K Share Accrual $678,807; K-I Share Accrual $239,941; K-T Share Accrual $354.","Distribution of $22,299 authorized on Class K OP Units held by affiliate sellers of Hilton Garden Inn property.","Per-share/unit daily accrual $0.0019125683, reflecting 7% annual rate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227739,"accession_number":"0001104659-24-074167","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT estimates NAV per share: K-I/K $10.17, K-T $12.23, A $9.82, B $0.00","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated NAV per share: K-I and K shares $10.17; K-T shares $12.23; A shares $9.82; B shares $0.00.","Board approved values on June 17, 2024; effective for stockholder communications starting June 24, 2024.","Decline in hotel values attributed to 500 bps Fed rate increase, inflation, capital market pressures.","International travel rebound reducing domestic travel demand, pressuring hotel rates and revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227738,"accession_number":"0001104659-24-073472","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT NAV per share drops sharply; Class A NAV falls from $22.76 to $9.82","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated NAV per share as of March 31, 2024: K-I $10.17, K $10.17, K-T $12.23, A $9.82, B $0.00.","Year-over-year decline: K-I/K shares fell from $11.53; A shares declined from $22.76; B shares fell from $14.77.","Real estate value estimated at $125.6M, down from $144.0M year ago; total NAV $60.7M vs $77.8M.","Board approved NAVs using independent appraisal by Stanger; 5 properties valued via income and sales comparison approaches.","NAV used for broker-dealer account statements per FINRA Rule 2231; no material changes between valuation date and filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227737,"accession_number":"0001104659-24-069829","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-06-10T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT refinances Hotel Indigo Traverse City with $15.6M Berkshire Bank loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed $15,600,000 from Berkshire Bank to refinance existing debt on the 107-room Hotel Indigo Traverse City.","Loan matures June 6, 2029 (initial 5-year term) with two 12-month extension options subject to DSCR ≥ 1.50:1.","Interest rate = 2.50% over 3-year Treasury; interest-only for first 3 years, then amortizing over 300 months.","Prepayment penalty: 2% (year 1), 1% (year 2), none after year 2.","Loan secured by first mortgage on property and guaranteed by Procaccianti Hotel REIT, Inc."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227736,"accession_number":"0001104659-24-058335","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Board recommends rejecting $2.35 mini-tender; cites $11.53 NAV per share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Alternative Liquidity Capital offer at $2.35/share vs. estimated NAV of $11.53 (as of March 31, 2023).","Board recommends stockholders reject the unsolicited mini-tender for up to 175,620 Class K and 61,825 Class K-I shares.","Offer expires June 21, 2024; tendered shares may be withdrawn before then.","Board believes offer exploits company's inability to fully repurchase shares under its share repurchase program.","Stockholders who tender assign rights to distributions paid after June 21, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227735,"accession_number":"0001104659-24-057858","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q1 2024 share repurchases at 9.8% due to insufficient DRIP funds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board found funding limitation reached for Q1 2024 share repurchase requests.","Insufficient net proceeds from DRIP to fully fund all repurchase requests.","Deceased stockholders' shares repurchased in full; no other priority requests.","Remaining repurchase requests honored at proration of approximately 9.8%.","Unfulfilled requests automatically carried to next repurchase period unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227734,"accession_number":"0001104659-24-055788","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT refinances two hotels with $23.67M Liberty Bank loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed $23.67M via two loans secured by St. Petersburg and Wilmington hotels; proceeds used to pay off existing first mortgages.","Interest rate floating at 1-month SOFR + 250 bps; interest-only for 2 years, then 300-month amortization; 5-year maturity.","Loans cross-collateralized and cross-defaulted; guaranteed by Procaccianti Hotel REIT, Inc.","Board authorized Q1 2024 distributions: $680,542 for K Shares, $238,603 for K-I, $521 for K-T, and $22,299 for Class K OP units, at 7% p.a."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246542,"accession_number":"0001104659-24-029792","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q4 2023 share repurchases at 15.3% due to funding limit","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board found insufficient DRIP net proceeds to fund all Q4 2023 share repurchase requests.","Deceased stockholders' shares repurchased in full; no requests from disability or small-account categories.","Remaining share repurchases prorated at approximately 15.3% of shares requested.","Unfulfilled repurchase requests automatically carried over to subsequent periods unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246541,"accession_number":"0001104659-24-011416","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2024-02-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT board authorizes Q4 2023 distributions of $932K across stock and OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $689,607 on K Shares, $240,782 on K-I Shares, $1,817 on K-T Shares for Q4 2023.","Class K OP Unit distribution of $22,606 authorized for Affiliate Sellers of Hilton Garden Inn property.","Accrual rate of 7% per annum for all share classes and OP units.","Record date as of December 31, 2023; distributions from legally available funds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263962,"accession_number":"0001104659-23-130105","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-12-28T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT confirms rent terms for Hotel Indigo Traverse City lease renewal period","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered rent confirmation for first renewal period of Hotel Indigo lease, effective Dec 31, 2023.","Fixed rent: $136,645/mo in 2024, rising to $141,850/mo in 2025, then gradually declining to $140,468/mo in 2028.","Percentage rent rate starts at 76.63% of gross revenue above monthly floors (e.g., $211,309 in Jan 2024) and declines to 59.34% by 2028.","Renewal term runs through Dec 2028; lease is between wholly-owned subsidiaries PHR TCI (landlord) and PHR TCI OPCO SUB (tenant)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263961,"accession_number":"0001104659-23-128692","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-12-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Procaccianti Hotel REIT re-elects five directors at 2023 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["James A. Procaccianti re-elected with 3,015,332 votes for and 46,809 withheld.","Gregory Vickowski re-elected with 3,006,589 votes for and 55,552 withheld.","Lawrence Aubin re-elected with 2,998,313 votes for and 63,827 withheld.","Thomas R. Engel re-elected with 3,003,313 votes for and 58,827 withheld.","Ronald S. Ohsberg re-elected with 3,004,389 votes for and 57,752 withheld."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263960,"accession_number":"0001104659-23-123148","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-12-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q3 2023 share repurchases at ~30.1% due to funding limitation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined Funding Limitation reached for Q3 2023; insufficient net DRIP proceeds to fulfill all repurchase requests.","No deceased stockholder or qualifying disability repurchase requests were received this quarter.","Remaining repurchase requests will be prorated at approximately 30.1% of shares requested.","Unfulfilled repurchase requests automatically carry over to subsequent periods unless withdrawn by stockholder.","Proration affects shareholders seeking liquidity through the Share Repurchase Program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263959,"accession_number":"0001104659-23-113680","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes ~$954k in Q3 2023 distributions across share classes and OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized distributions for K, K-I, K-T shares and Class K OP units for quarter ended September 30, 2023.","Aggregate distributions: $689,335 (K shares), $239,538 (K-I), $2,448 (K-T), $22,606 (OP units).","Daily accrual rate per share/unit is $0.001917808, reflecting a 7% annual rate.","Record date September 30, 2023; payment authorized October 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281192,"accession_number":"0001104659-23-094193","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-08-22T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT prorates Q2 2023 share repurchases at ~19.7% due to funding limitation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board determined Funding Limitation reached; insufficient net proceeds from DRIP for Q2 2023 repurchase requests.","Deceased stockholders' shares repurchased in full; no requests in priority categories (i) and (ii).","Remaining repurchase requests prorated at approximately 19.7% of shares requested.","Unfulfilled requests carried over automatically to subsequent periods unless withdrawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281191,"accession_number":"0001104659-23-089102","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes $944K in Q2 2023 distributions at 7% annual rate","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized Q2 2023 distributions totaling $944,307 across K, K-I, K-T shares and Class K OP units.","Accrual rate of $0.001917808 per share per day, reflecting 7% per annum under the charter.","Record date for distributions was June 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299946,"accession_number":"0001104659-23-075860","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-06-28T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT NAV per share rises across all classes; Class B NAV soars to $14.77","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated NAV per share as of March 31, 2023: Class K-I and K $11.53, Class K-T $11.96, Class A $22.76, Class B $14.77.","Total NAV increased to $77.8M from $64.1M a year earlier, driven by higher real estate values ($144.0M vs $130.3M).","Real estate portfolio appraised at $123.8M, a 30.3% increase over aggregate purchase price and improvements.","Independent valuation by Robert A. Stanger & Co. used DCF and sales comparison approaches; terminal cap rates 8.75%-9.25%.","NAV calculation approved by Board and Audit Committee; based on March 31, 2023, valuation date with no material subsequent changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299945,"accession_number":"0001104659-23-072022","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-06-16T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT modifies swap to 5.13% fixed rate, extends loan to Aug 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Modified swap derivative with Citizens Bank fixes rate at 5.13% on $15,092,000 notional, effective Aug 15, 2023.","Loan maturity extended to August 15, 2024 under third extended term of the Citizens Bank loan.","Modification relates to subsidiary's loan for a hotel property in Traverse City, Michigan originally $17.8 million."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299944,"accession_number":"0001104659-23-056476","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-05-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Procaccianti Hotel REIT enters into rent confirmations for renewal periods of two hotel leases","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Authorized rent confirmations for Staybridge Suites St. Petersburg and SpringHill Suites Wilmington leases for first renewal period.","Rent confirmations set fixed and percentage rents for renewal terms through March 2028.","Staybridge Lease Rent Confirmation between PHR STPFL, LLC and PHR STPFL OPCO SUB, LLC dated May 4, 2023.","SpringHill Rent Confirmation between PHR WNC, LLC and PHR WNC OPCO SUB, LLC dated May 4, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299943,"accession_number":"0001104659-23-050576","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes Q1 distributions totaling $937,004 at 7% annual rate","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Authorized $678,523 distribution for Class K shares outstanding as of March 31, 2023.","Authorized $233,058 distribution for Class K-I shares and $3,308 for Class K-T shares.","Authorized $22,115 distribution for Class K OP units held by unaffiliated sellers of Hilton Garden Inn Providence.","All distributions accrue at 7% per annum ($0.001917808 per share per day)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320043,"accession_number":"0001104659-23-011535","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2023-02-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes Q4 2022 distributions at 7% annual rate","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized $690,862 distribution for K Shares, $236,904 for K-I Shares, and $7,877 for K-T Shares.","Class K OP unit holders of Hilton Garden Inn Providence receive $22,606 distribution.","All distributions accrue at $0.001917808 per share/unit per day (7% per annum).","Payments from legally available funds to holders of record as of December 31, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":338200,"accession_number":"0001104659-22-129409","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2022-12-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Procaccianti Hotel REIT stockholders re-elect five directors at 2022 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["James A. Procaccianti re-elected with 2,932,100 votes for, 80,166 withheld.","Gregory Vickowski re-elected with 2,926,055 for, 86,211 withheld.","Lawrence Aubin re-elected with 2,928,885 for, 83,381 withheld.","Thomas R. Engel re-elected with 2,939,652 for, 72,614 withheld.","Ronald S. Ohsberg re-elected with 2,933,657 for, 78,609 withheld."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":338199,"accession_number":"0001104659-22-113900","cik":1692345,"company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXK","form_type":"8-K","filed_at":"2022-11-02T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Procaccianti Hotel REIT authorizes Q3 2022 distributions on common shares and OP units","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board authorized distributions of $690,883 on K Shares, $235,445 on K-I Shares, and $10,594 on K-T Shares for Q3 2022.","Distributions accrue at 7% per annum ($0.001917808/share/day) for each common share class.","Also authorized $22,606 distribution on Class K OP units held by unaffiliated sellers of Hilton Garden Inn Providence.","Record date for distributions was September 30, 2022; accruals cover period from July 1, 2022.","All distributions payable out of legally available funds, customary for the REIT's quarterly schedule."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-11-02T23:59:59+00:00|338199"}