other_material
confidence high
sentiment neutral
materiality 0.55
Stirling Hotels reports June 30 NAV $27.1765/share; sets August 1 transaction prices
Stirling Hotels & Resorts, Inc.
- June 30 total NAV $41.325M on 1,521K shares; per-share $27.1765.
- August 1 transaction prices: Class D $27.1043, Class I $27.1702, Class S/T $27.2759.
- Weighted avg discount rate 10.20%, exit cap rate 8.62% for hotel valuations.
- Sensitivity: 0.25% discount rate decrease would raise property values from $68.1M to $69.6M.
- May 31 NAV per share was $27.0899; NAV increased slightly month-over-month.
item 8.01