Here are the 10-K annual reports from Sotherly HTL PFD 7.875% C (SOHOO) 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 SOHOO 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 SOHOO filings page.
Sotherly Hotels Inc. and its operating partnership report a transformative year marked by a completed merger with KW Kingfisher LLC and a full recapitalization of their hotel portfolio. The company is now a wholly owned subsidiary of KW Kingfisher, with Sotherly Hotels LP as an indirect subsidiary.
At the February 12, 2026 closing, public common shareholders’ stock was converted into $2.25 per share in cash, and the common stock was delisted from Nasdaq, while preferred stock remains outstanding and keeps the company reporting to the SEC. The portfolio included ten full-service hotels with 2,786 rooms as of December 31, 2025, concentrated in upscale and upper‑upscale segments across the southern and mid‑Atlantic United States.
To refinance existing property debt and fund preferred stock redemptions and property improvements, the company entered into a new $308.0 million senior loan with Apollo affiliates and a $45.0 million mezzanine loan with an Ascendant Capital affiliate. Day‑to‑day hotel management transitioned from Our Town to Schulte Hospitality under new long‑term agreements, as Sotherly focuses on operational discipline, capital reinvestment and balance sheet management while maintaining REIT status.