Leadership & Pay ·
The board of directors renewed the Second Amended and Restated Advisory Agreement with Procaccianti Hotel Advisors…
PRXAProcaccianti Hotel REIT, Inc.
The board of directors renewed the Second Amended and Restated Advisory Agreement with Procaccianti Hotel Advisors, LLC for a one-year term commencing August 2, 2026. The company also updated suitability standards for California stockholders participating in the distribution reinvestment plan effective August 4, 2026, requiring either $350,000 liquid net worth or $100,000 gross annual income with $100,000 net worth, and limiting investment to 10% of net worth. This filing does not contain material financial updates or changes to capital structure.