---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-206131"
form_type: "8-K"
ticker: "SOHOO"
cik: "0001301236"
company_name: "Sotherly Hotels Inc."
filed_at: "2025-09-17T23:59:59+00:00"
generated_at: "2026-05-17T06:20:25.086689+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sotherly Hotels secures $42M mortgage loan on Savannah's DeSoto Hotel at 7.13% fixed rate

## Summary
- $42M principal, 7.13% fixed interest, matures October 6, 2030; interest-only payments.
- Loan from Citi Real Estate Funding Inc., net proceeds of ~$5.78M after lender reserves.
- Proceeds used to repay existing first mortgage and for general corporate purposes.
- Guarantee limited to 'bad boy' acts; prepayable with defeasance after lockout period.
- Collateral is the historic DeSoto Hotel in Savannah, GA; CEO cites successful repositioning.

## SEC filing metadata
- accession: 0001193125-25-206131
- form_type: 8-K
- ticker: SOHOO
- cik: 0001301236
- company_name: Sotherly Hotels Inc.
- filed_at: 2025-09-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1301236/000119312525206131/0001193125-25-206131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1301236/000119312525206131/soho-20250912.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-206131
- JSON: https://secwatch.observer/filing/0001193125-25-206131.json
- Plain text: https://secwatch.observer/filing/0001193125-25-206131.txt

## Key facts
- Debt Financings
  Sotherly Hotels Inc. incurred mortgage of $42.0 million with Citi Real Estate Funding Inc. at fixed interest rate of 7.13% maturing matures on October 6, 2030.
  - Instrument: mortgage
  - Principal: $42.0 million
  - Counterparty: Citi Real Estate Funding Inc.
  - Rate: fixed interest rate of 7.13%
  - Maturity: matures on October 6, 2030
  - Event: incurrence
  source text: On September 12, 2025, affiliates of Sotherly Hotels Inc. (the “Company”), the sole general partner of Sotherly Hotels LP (the “Operating Partnership”), entered into loan documents to secure a $42.0 million mortgage loan (the “Mortgage Loan”) on The DeSoto hotel (the “Hotel”) located in Savannah, GA with Citi Real Estate Funding Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301236/000119312525206131/0001193125-25-206131-index.htm

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