{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-075860","form_type":"8-K","ticker":"PRXK","cik":"0001692345","company_name":"PROCACCIANTI HOTEL REIT, INC.","filed_at":"2023-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.070917+00:00","generated_at":"2026-06-13T15:35:41.215281+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Procaccianti Hotel REIT NAV per share rises across all classes; Class B NAV soars to $14.77","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-075860","json":"https://secwatch.observer/filing/0001104659-23-075860.json","markdown":"https://secwatch.observer/filing/0001104659-23-075860.md","text":"https://secwatch.observer/filing/0001104659-23-075860.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692345/000110465923075860/0001104659-23-075860-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692345/000110465923075860/tm2318363d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T15:35:41.215281+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}