---
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"
generated_at: "2026-06-13T15:35:41.215281+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Procaccianti Hotel REIT NAV per share rises across all classes; Class B NAV soars to $14.77

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-075860
- JSON: https://secwatch.observer/filing/0001104659-23-075860.json
- Plain text: https://secwatch.observer/filing/0001104659-23-075860.txt

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