{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-063473","form_type":"8-K","ticker":"PRXK","cik":"0001692345","company_name":"PROCACCIANTI HOTEL REIT, INC.","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.360586+00:00","generated_at":"2026-05-18T16:07:41.837093+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Procaccianti Hotel REIT updates estimated per share NAV; Class A drops to $7.14 from $9.82","bullets":["Estimated per share NAV as of March 31, 2025: Class K-I and K shares $10.17, Class A shares $7.14, Class B shares $0.00.","Class A NAV declined 27.3% from $9.82 a year earlier; K shares unchanged at $10.17.","Total real estate portfolio appraised at $109.1M (company ownership interest), vs. cost plus improvements of $97.6M.","Net asset value fell to $59.2M from $60.7M year-over-year; Class A accrued unpaid distributions rose to $2.69M.","No Class K-T shares outstanding; valuations used discount rates of 10.25%–10.75% and terminal cap rates of 8.75%–9.25%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-063473","json":"https://secwatch.observer/filing/0001104659-25-063473.json","markdown":"https://secwatch.observer/filing/0001104659-25-063473.md","text":"https://secwatch.observer/filing/0001104659-25-063473.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692345/000110465925063473/0001104659-25-063473-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692345/000110465925063473/tm2519233d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T16:07:41.837093+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"}