Source-grounded facts extracted from PROCACCIANTI HOTEL REIT, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PROCACCIANTI HOTEL REIT, INC. amended loan with Beacon Bank & Trust, successor by merger to Berkshire Bank at fixed rate of 6.50% per annum maturing June 6, 2027.
“the interest rate applicable to the Refinancing Loan was reduced to a fixed rate of 6.50% per annum for the remainder of the initial term of the Refinancing Loan, which currently matures on June 6, 2027.”
PROCACCIANTI HOTEL REIT, INC. amended Second Amended and Restated Advisory Agreement with Procaccianti Hotel Advisors, LLC (effective 2026-01-19).
“On January 19, 2026, following approval by the stockholders of Procaccianti Hotel REIT, Inc. (the “Company”), the Company, Procaccianti Hotel REIT, L.P., the Company’s wholly owned subsidiary and operating partnership (the “Operating Partnership”), and Procaccianti Hotel Advisors, LLC, the Company’s advisor (the “Advisor”), entered into the Second Amended and Restated Advisory Agreement (the “Second Amended and Restated Advisory Agreement”)”
PROCACCIANTI HOTEL REIT, INC. incurred loan of $19,200,000 with Rockland Trust Company at FHLBB Fixed Rate plus 2.0% maturing five (5) years from the date of the Refinancing Note.
“On July 10, 2025, the Company, through Gano, as borrower (the “Borrower”), and Rockland Trust Company, as the lender (the “Lender”), entered into a Loan Agreement (the “Refinancing Loan”). In connection with the Refinancing Loan, the Borrower borrowed $19,200,000 and issued a secured promissory note (the “Refinancing Note”) to the Lender in the same amount.”
PROCACCIANTI HOTEL REIT, INC. incurred loan of $23,670,000 with Liberty Bank at one-month term Secured Overnight Financing Rate (“SOFR”) plus two hundred fifty maturing five (5) years from the date of the Refinancing Notes.
“Hotel Loan”, and together with the St. Petersburg Hotel Loan, the “Refinancing Loans”). In connection with the Refinancing Loans, the Company borrowed an aggregate amount of $23,670,000 and issued promissory notes (the “Refinancing Notes”) to Liberty Bank in the same amount. The loan proceeds were primarily used to pay off in full the existing first mortgages on”
PROCACCIANTI HOTEL REIT, INC. entered into Loan Agreement with Liberty Bank valued at aggregate amount of $23,670,000 (effective 2024-04-26).
“(i) PHR STPFL, LLC, a Delaware limited company and wholly-owned subsidiary of the Fund (“PHR STPFL”), as borrower, and Liberty Bank, as the lender, entered into the Loan Agreement dated as of April 25, 2024 (the “St. Petersburg Hotel Loan"), and (ii) PHR WNC, LLC, a Delaware limited company and wholly-owned subsidiary of the Fund (“PHR WNC”), as borrower, and Liberty Bank, as the lender, entered into the Loan Agreement dated April 26, 2024 (the “Wilmington Hotel Loan", and together with the St. Petersburg Hotel Loan, the “Refinancing Loans”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.