Procaccianti Hotel REIT authorizes Q2 2024 distributions totaling ~$941K on common shares and OP units

PROCACCIANTI HOTEL REIT, INC.

Board approved distributions for K, K-I, K-T shares outstanding June 30, 2024 at 7% per annum accrual.
K Share Accrual $678,807; K-I Share Accrual $239,941; K-T Share Accrual $354.
Distribution of $22,299 authorized on Class K OP Units held by affiliate sellers of Hilton Garden Inn property.
Per-share/unit daily accrual $0.0019125683, reflecting 7% annual rate.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.