Lodging Fund REIT III Files Q1 2024 10-Q
| Field | Detail |
|---|---|
| Company | Lodging Fund Reit III, Inc. |
| Form Type | 10-Q |
| Filed Date | Apr 16, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, REIT, financials
TL;DR
Lodging Fund REIT III filed its Q1 2024 10-Q. Financials look steady.
AI Summary
Lodging Fund REIT III, Inc. filed its 10-Q for the period ending March 31, 2024. The filing details financial information for the first quarter of 2024, including data on common stock and additional paid-in capital. The company's principal business address is in Fargo, ND.
Why It Matters
This filing provides investors with an update on the financial health and structure of Lodging Fund REIT III, Inc. as of the end of the first quarter of 2024.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative disclosures.
Key Numbers
- 0.0950 — Interest Rate (Likely related to financing or investments)
- 10.57 — Percentage (Context not fully clear from snippet, potentially related to share price or performance)
Key Players & Entities
- Lodging Fund REIT III, Inc. (company) — Filer of the 10-Q
- March 31, 2024 (date) — End of reporting period
- 20250416 (date) — Filing date
- Fargo, ND (location) — Company business address
FAQ
What were the total assets and liabilities of Lodging Fund REIT III, Inc. as of March 31, 2024?
The provided snippet does not contain specific figures for total assets and liabilities for March 31, 2024.
What is the net income or loss for Lodging Fund REIT III, Inc. for the first quarter of 2024?
The snippet does not include information on net income or loss for the first quarter of 2024.
How has the 'Additional Paid-In Capital' changed from Q1 2023 to Q1 2024?
The filing indicates data points for 'Additional Paid-In Capital' for both the periods January 1, 2024 to March 31, 2024 and January 1, 2023 to March 31, 2023, suggesting a comparison is available within the full document.
What are the specific types of 'Noncontrolling Interest' units held by Lodging Fund REIT III, Inc. as of March 31, 2024?
The filing lists 'Series T LP Units', 'Series GoTwo LP Units', 'Series Go LP Units', and 'Series B LP Units' as types of Noncontrolling Interest as of March 31, 2024.
What is the significance of the 'Secured Overnight Financing Rate (SOFR)' references in the filing?
The references to SOFR indicate that the company's financial instruments or reporting may be tied to or benchmarked against this key interest rate.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 16, 2025 regarding Lodging Fund REIT III, Inc..