secwatch.observer — SEC 8-K summary
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Issuer:     PROCACCIANTI HOTEL REIT, INC. (PRXK)
CIK:        0001692345
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001104659-23-056476
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Procaccianti Hotel REIT enters into rent confirmations for renewal periods of two hotel leases
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923056476/0001104659-23-056476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923056476/tm2314867d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-056476

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