Procaccianti Hotel REIT Buys 12 Hotels for $325M

TL;DR

Procaccianti Hotel REIT is buying 12 hotels for $325M, closing Q1 2026.

AI Summary

Procaccianti Hotel REIT, Inc. announced on November 24, 2025, that it entered into a definitive agreement to acquire a portfolio of 12 hotels for $325 million. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions. This acquisition is part of the company's strategy to expand its footprint in key leisure and business travel destinations.

Why It Matters

This significant acquisition could expand Procaccianti Hotel REIT's market presence and potentially increase revenue streams through a larger, diversified hotel portfolio.

Risk Assessment

Risk Level: medium — The acquisition involves a substantial amount of capital and is subject to closing conditions, introducing financial and execution risks.

Key Numbers

• $325 million — Acquisition Price (Total cost for the portfolio of 12 hotels.)
• 12 — Number of Hotels (Size of the acquired portfolio.)
• Q1 2026 — Expected Closing (Anticipated timeframe for the transaction to be finalized.)

Key Players & Entities

• Procaccianti Hotel REIT, Inc. (company) — Registrant
• Maryland (jurisdiction) — State of incorporation
• 1140 Reservoir Avenue Cranston (address) — Principal executive offices
• November 24, 2025 (date) — Date of earliest event reported
• $325 million (dollar_amount) — Acquisition price
• 12 hotels (asset) — Portfolio size
• first quarter of 2026 (date) — Expected closing period

FAQ

Filing Documents

• tm2532201d1_8k.htm (8-K) — 27KB
• 0001104659-25-116267.txt ( ) — 182KB
• tmb-20251124.xsd (EX-101.SCH) — 3KB
• tmb-20251124_lab.xml (EX-101.LAB) — 33KB
• tmb-20251124_pre.xml (EX-101.PRE) — 22KB
• tm2532201d1_8k_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. Prorated Share Repurchases for 2025 Third Quarter Repurchase Date Pursuant to its Amended and Restated Share Repurchase Program (the "SRP"), Procaccianti Hotel REIT, Inc. (the "Company") limits the number of shares repurchased pursuant to the SRP as follows: (1) the Company will not repurchase in excess of 5.0% of the weighted average number of shares of its Class K common stock ("K Shares"), shares of its Class K-1 common stock ("K-I Shares") and shares of its class K-T common stock ("K-T Shares") outstanding during the trailing 12 months prior to the end of the fiscal quarter for which repurchases are being paid (provided, however, that while shares subject to a repurchase requested upon the death of a stockholder will be included in calculating the maximum number of shares that may be repurchased, shares subject to a repurchase requested upon the death of a stockholder will not be subject to the percentage cap); and (2) funding for the repurchase of K Shares, K-I Shares and K-T Shares will be limited to net proceeds the Company receives from the sale of shares under its distribution reinvestment plan ("DRIP") and any other operating funds that may be authorized by the Company's board of directors (the "Board"), in its sole discretion (such limitation under (2), the "Funding Limitation"). The foregoing limits might prevent the Company from accommodating all repurchase requests made in any fiscal quarter or in any 12-month period, in which case quarterly repurchases will generally be made pro rata, as described below. If the Company cannot purchase all shares presented for repurchase in any fiscal quarter due to the Funding Limitation and/or the limit on the number of shares the Company may repurchase during any year, the Company will give first priority to the repurchase of deceased stockholders' shares. If sufficient funds are not available to pay all such repurchases in full, the requests to repurchase deceased stockholders' shares w

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. PROCACCIANTI HOTEL REIT, INC. Date: November 26, 2025 By: /s/ Gregory Vickowski Gregory Vickowski Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR