Price UpdateJun 12, 2026, 12:46 PM
PROC Hotel REIT Announces Estimated NAVs: K-I/K $10.17, A $5.91
AI Summary
Procaccianti Hotel REIT, Inc. announced its updated estimated Net Asset Value (NAV) per share for its common stock classes as of March 31, 2026. The Board approved NAVs of $10.17 for K-I and K Shares, $5.91 for A Shares, and $0.00 for B Shares. This valuation, overseen by the Audit Committee and conducted by an independent firm, reflects an approximate 10.65% increase in the total value of the company's real estate assets over their aggregate purchase price and improvements.
Key Highlights
- Estimated NAV for Class K-I common stock set at $10.17 per share as of March 31, 2026.
- Estimated NAV for Class K common stock set at $10.17 per share as of March 31, 2026.
- Estimated NAV for Class A common stock set at $5.91 per share as of March 31, 2026.
- Estimated NAV for Class B capital stock set at $0.00 per share as of March 31, 2026.
- The total appraised value of the Company's five properties was approximately $109.3 million.
- Total value of real estate assets increased approximately 10.65% over aggregate purchase price and improvements.
- Valuation was determined by an independent third-party firm, Robert A. Stanger & Co., Inc.
Price Impact
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