---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-073472"
form_type: "8-K"
ticker: "PRXK"
cik: "0001692345"
company_name: "PROCACCIANTI HOTEL REIT, INC."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:33:04.691735+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Procaccianti Hotel REIT NAV per share drops sharply; Class A NAV falls from $22.76 to $9.82

## Summary
- Estimated NAV per share as of March 31, 2024: K-I $10.17, K $10.17, K-T $12.23, A $9.82, B $0.00.
- Year-over-year decline: K-I/K shares fell from $11.53; A shares declined from $22.76; B shares fell from $14.77.
- Real estate value estimated at $125.6M, down from $144.0M year ago; total NAV $60.7M vs $77.8M.
- Board approved NAVs using independent appraisal by Stanger; 5 properties valued via income and sales comparison approaches.
- NAV used for broker-dealer account statements per FINRA Rule 2231; no material changes between valuation date and filing.

## SEC filing metadata
- accession: 0001104659-24-073472
- form_type: 8-K
- ticker: PRXK
- cik: 0001692345
- company_name: PROCACCIANTI HOTEL REIT, INC.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692345/000110465924073472/0001104659-24-073472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692345/000110465924073472/tm2417568d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-073472
- JSON: https://secwatch.observer/filing/0001104659-24-073472.json
- Plain text: https://secwatch.observer/filing/0001104659-24-073472.txt

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