{"filing":{"accession_number":"0001104659-26-118407","cik":"0001692345","ticker":"PRXA","company_name":"PROCACCIANTI HOTEL REIT, INC.","form":"8-K","filing_date":"2026-10-23","report_date":"2026-10-20","primary_document":"tm2628012d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1692345/000110465926118407/tm2628012d1_8k.htm"},"events":[{"id":37533,"run_id":34592,"accession_number":"0001104659-26-118407","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"The Company entered into a Modification Agreement to materially modify and extend an existing mortgage loan secured by the Hotel Indigo Property, increasing the maximum principal amount by $1,750,000 (from $15,600,000 to $17,350,000), extending the maturity date from June 6, 2027 to June 6, 2028 with two optional 12-month extensions, and modifying interest rate terms.","company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXA","filing_date":"2026-10-23","form":"8-K","submitted_at":null,"items":[{"id":42272,"accession_number":"0001104659-26-118407","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The disclosure centers on a material modification and extension of an existing mortgage loan secured by the Hotel Indigo Property. The Modification Agreement increases the maximum principal amount by $1,750,000 (from $15,600,000 to $17,350,000), extends the maturity date from June 6, 2027 to June 6, 2028 with two optional 12-month extensions, and modifies interest rate terms. While this is technically an amendment to existing debt rather than a new issuance, the material increase in principal amount and extension of maturity terms constitute a significant modification of the Company's direct financial obligations, which falls within the debt_issuance category as it creates new financial obligations (the additional $1,750,000 advance and extended repayment terms).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T17:25:42.167865+00:00","company_name":"","ticker":null,"filing_date":""},{"id":42273,"accession_number":"0001104659-26-118407","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, which is the standard Item for debt issuance. The filing incorporates Item 1.01 by reference, which typically covers material acquisitions or transactions that create new debt obligations. For a hotel REIT, this likely involves new financing or debt issuance related to property acquisition or refinancing.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T17:25:42.167865+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":37534,"run_id":34592,"accession_number":"0001104659-26-118407","anchor_item_number":"8.01","event_type":"dividend_distribution","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"The Board authorized payment of distributions to holders of Class K, K-I, and K-T common stock, as well as Class K OP Units held by Affiliate Sellers, calculated at a seven percent per annum accrual rate and payable in cash on November 4, 2026, totaling $677,851 for K Shares, $256,731 for K-I Shares, and $22,606 for Class K OP Units.","company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXA","filing_date":"2026-10-23","form":"8-K","submitted_at":null,"items":[{"id":42274,"accession_number":"0001104659-26-118407","item_number":"8.01","item_title":"Other Events.","event_type":"dividend_distribution","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Board authorized payment of distributions to holders of Class K, K-I, and K-T common stock, as well as Class K OP Units held by Affiliate Sellers. The distributions are calculated at a seven percent per annum accrual rate and will be paid in cash on November 4, 2026. This is a routine but material dividend/distribution declaration typical of REIT operations, disclosing specific accrual amounts ($677,851 for K Shares, $256,731 for K-I Shares, and $22,606 for Class K OP Units) and payment dates.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T17:25:42.167865+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":42272,"accession_number":"0001104659-26-118407","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"The disclosure centers on a material modification and extension of an existing mortgage loan secured by the Hotel Indigo Property. The Modification Agreement increases the maximum principal amount by $1,750,000 (from $15,600,000 to $17,350,000), extends the maturity date from June 6, 2027 to June 6, 2028 with two optional 12-month extensions, and modifies interest rate terms. While this is technically an amendment to existing debt rather than a new issuance, the material increase in principal amount and extension of maturity terms constitute a significant modification of the Company's direct financial obligations, which falls within the debt_issuance category as it creates new financial obligations (the additional $1,750,000 advance and extended repayment terms).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T17:25:42.167865+00:00","company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXA","filing_date":"2026-10-23"},{"id":42273,"accession_number":"0001104659-26-118407","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, which is the standard Item for debt issuance. The filing incorporates Item 1.01 by reference, which typically covers material acquisitions or transactions that create new debt obligations. For a hotel REIT, this likely involves new financing or debt issuance related to property acquisition or refinancing.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T17:25:42.167865+00:00","company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXA","filing_date":"2026-10-23"},{"id":42274,"accession_number":"0001104659-26-118407","item_number":"8.01","item_title":"Other Events.","event_type":"dividend_distribution","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The Board authorized payment of distributions to holders of Class K, K-I, and K-T common stock, as well as Class K OP Units held by Affiliate Sellers. The distributions are calculated at a seven percent per annum accrual rate and will be paid in cash on November 4, 2026. This is a routine but material dividend/distribution declaration typical of REIT operations, disclosing specific accrual amounts ($677,851 for K Shares, $256,731 for K-I Shares, and $22,606 for Class K OP Units) and payment dates.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-10-23T17:25:42.167865+00:00","company_name":"PROCACCIANTI HOTEL REIT, INC.","ticker":"PRXA","filing_date":"2026-10-23"}]}