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Procaccianti Hotel REIT, Inc.

Procaccianti Companies · Select-Service Hotel Non-Traded REIT

Program Overview

Select-Service Hotel Non-Traded REIT
Procaccianti Hotel REIT, Inc.
Peer Group Filters
Asset Class
Real Estate
Vehicle
REIT
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Real Estate
Issuer
Procaccianti Hotel REIT, Inc.
Issuer Legal Structure
Corporation
Program Life Structure
Indefinite
Target Leverage
Target 50% LTV Charter cap: borrowings ≤300% of net assets (~75% of cost), not breached. Separate stated intent to limit borrowings to 50% of fair market value; current ~52.8% LTV exceeds it. $23.6M St. Petersburg/Wilmington notes cross-collateralized and floating.
Strategy Risk/Return Profile
-
Managing Broker-Dealer
-
Scale
559 keys · 5 properties
Maximum Offering
$40,000,000
Strategy Overview

Externally managed, hospitality-only non-traded REIT that acquired and owns select-service, extended-stay and compact full-service U.S. hotels, managed by affiliate TPG Hotels & Resorts under an owner-operator model. Acquisitions ended July 2021; the program now holds a static five-hotel, 559-room portfolio in four states (two in Traverse City, MI), pays a cumulative 7.0% distribution on its K-class shares, and awaits a liquidity event within its stated five-to-seven-year post-offering horizon (Aug 2026–Aug 2028). Authority to invest up to 10% of assets in real estate-related debt was never used. Strategy may change without stockholder approval.

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