Here are the 10-K annual reports from Procaccianti Hotel REIT K (PRXK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PRXK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRXK filings page.
Procaccianti Hotel REIT, Inc. files its annual report describing a focused hotel portfolio and REIT structure. As of December 31, 2025, it owned interests in five select-service hotels across four states with 559 rooms, financed by mortgage debt and prior equity offerings.
The company reports net asset value of $59,193,384 as of March 31, 2025, supporting an Estimated Per Share NAV of $10.17 for Class K and Class K‑I, $7.14 for Class A and $0.00 for Class B. Total outstanding indebtedness was $67,408,843 as of year-end 2025, within its charter leverage limits.
For 2025, net income was $1,537,203, funds from operations were $5,014,790 and net cash provided by operations was $6,110,733. The REIT paid all quarterly distributions on K, K‑I and K‑T shares from hotel operating cash flow and also paid $2,388,072 of accrued A‑share distributions using refinancing proceeds. The filing highlights significant risks, including hotel sector cyclicality, illiquidity of shares, reliance on external advisor PHA and affiliated property managers, high competition, regulatory and environmental exposure, and concentration in the hospitality sector and Traverse City, Michigan.