---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-092920"
form_type: "8-K"
ticker: "SOHOO"
cik: "0001301236"
company_name: "Sotherly Hotels Inc."
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:35:21.172877+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sotherly Hotels receives $38M default notice on Georgian Terrace mortgage loan

## Summary
- Received Notice of Default on $38.0M mortgage loan for Georgian Terrace in Atlanta on June 26, 2025.
- Subsidiary SOHO Atlanta LLC failed to pay amounts due; lender may seek foreclosure or reconveyance.
- Engaged consultant to negotiate loan extension; continuing interest, tax escrow, and reserve payments.
- Management states default is maturity default, not cash-flow issue; cites higher interest rates and tighter underwriting.

## SEC filing metadata
- accession: 0000950170-25-092920
- form_type: 8-K
- ticker: SOHOO
- cik: 0001301236
- company_name: Sotherly Hotels Inc.
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.04, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1301236/000095017025092920/0000950170-25-092920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1301236/000095017025092920/soho-20250626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-092920
- JSON: https://secwatch.observer/filing/0000950170-25-092920.json
- Plain text: https://secwatch.observer/filing/0000950170-25-092920.txt

## Key facts
- Debt Financings
  Sotherly Hotels Inc. reported a default on mortgage of approximately $38.0 million with Wilmington Trust, National Association, as Trustee.
  - Instrument: mortgage
  - Principal: approximately $38.0 million
  - Counterparty: Wilmington Trust, National Association, as Trustee
  - Event: default
  source text: except as required pursuant to state law and the loan documents. The Company estimates that the amount of the direct financial obligation, as of July 2, 2025, is approximately $38.0 million. --- EX-99.1 (EX-99.1) --- EX-99.1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE WEDNESDAY, July 2, 2025 SOTHERLY HOTELS INC. ANNOUNCES NOTICE OF DEFAULT ON MORTGAGE LOAN SECURED BY THE
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301236/000095017025092920/0000950170-25-092920-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.