{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-130105","form_type":"8-K","ticker":"PRXK","cik":"0001692345","company_name":"PROCACCIANTI HOTEL REIT, INC.","filed_at":"2023-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.077077+00:00","generated_at":"2026-06-07T06:23:45.932907+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Procaccianti Hotel REIT confirms rent terms for Hotel Indigo Traverse City lease renewal period","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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-130105","json":"https://secwatch.observer/filing/0001104659-23-130105.json","markdown":"https://secwatch.observer/filing/0001104659-23-130105.md","text":"https://secwatch.observer/filing/0001104659-23-130105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692345/000110465923130105/0001104659-23-130105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692345/000110465923130105/tm2333893d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:23:45.932907+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"}