Earnings summaries and quarterly performance for Sotherly Hotels.
Executive leadership at Sotherly Hotels.
Board of directors at Sotherly Hotels.
Research analysts who have asked questions during Sotherly Hotels earnings calls.
Recent press releases and 8-K filings for SOHO.
Sotherly Hotels Stockholders Approve Merger Transaction
SOHO
M&A
Proxy Vote Outcomes
Takeover Bid
- Sotherly Hotels Inc. stockholders approved the merger with KW Kingfisher LLC on January 22, 2026.
- The merger involves the acquisition of all outstanding common stock by a joint venture, with shareholders expected to receive $2.25 per share in cash.
- The transaction is subject to closing conditions and is expected to close during the first quarter of 2026.
- The merger proposal was approved with 11,803,072 votes for, 220,962 votes against, and 8,882 abstentions.
Jan 22, 2026, 8:00 PM
Sotherly Hotels Stockholders Approve Merger Transaction
SOHO
M&A
Proxy Vote Outcomes
Takeover Bid
- Sotherly Hotels Inc. (SOHO) stockholders have approved a merger with KW Kingfisher LLC.
- The Joint Venture entity, led by affiliates of Kemmons Wilson Hospitality Partners, LP, will acquire all outstanding shares of Sotherly common stock.
- Holders of the Company's common stock are expected to receive $2.25 per share in cash upon the closing of the merger.
- The merger is subject to the satisfaction of closing conditions and is anticipated to close during the first quarter of 2026.
Jan 22, 2026, 8:00 PM
Sotherly Hotels Inc. reports mortgage default and real estate sale termination
SOHO
Debt Issuance
New Projects/Investments
Profit Warning
- Sotherly Hotels Inc.'s affiliate, SOHO Atlanta, LLC, announced the termination of a $17.75 million agreement to sell a portion of real estate associated with the Georgian Terrace hotel on November 13, 2025.
- On November 12, 2025, subsidiaries of Sotherly Hotels Inc. received a Notice of Default on a Mortgage Loan for the DoubleTree Resort by Hilton Hollywood Beach hotel, with an estimated obligation of approximately $49.3 million.
- The default is due to the failure to pay amounts when due, which could lead to foreclosure or reconveyance by the lender, though the company is negotiating an extension for the loan.
Nov 14, 2025, 5:37 PM
Sotherly Hotels Inc. Defers and Suspends Preferred Dividends
SOHO
Dividends
- Sotherly Hotels Inc. announced on October 27, 2025, the deferral of payment for its Series B, Series C, and Series D Cumulative Redeemable Perpetual Preferred Stock dividends.
- These dividends were originally scheduled for payment on November 20, 2025, to shareholders of record as of October 31, 2025, with the record date now cancelled.
- The company is also suspending future preferred stock dividends.
Oct 27, 2025, 9:00 PM
Sotherly Hotels Inc. Defers and Suspends Preferred Dividends
SOHO
Dividends
- Sotherly Hotels Inc. announced on October 27, 2025, the deferral of previously announced dividend payments for its Series B, Series C, and Series D Cumulative Redeemable Perpetual Preferred Stock.
- The October 31, 2025 record date for these preferred stock dividends has been cancelled.
- The company is also suspending all future preferred stock dividends.
Oct 27, 2025, 9:00 PM
Sotherly Hotels Acquisition Under Investigation by Brodsky & Smith
SOHO
Legal Proceedings
M&A
Takeover Bid
- Brodsky & Smith is investigating the acquisition of Sotherly Hotels Inc. (Nasdaq – SOHO).
- Sotherly will be acquired by a joint venture of Kemmons Wilson Hospitality Partners, LP and Ascendant Capital Partners LP.
- The joint venture will acquire all outstanding shares of Sotherly common stock for $2.25 per share in cash.
- The investigation concerns whether the Sotherly Board breached its fiduciary duties to shareholders by failing to conduct a fair process and if the deal consideration provides fair value.
Oct 27, 2025, 7:30 PM
Sotherly Hotels Inc. to be Acquired by Joint Venture
SOHO
M&A
Takeover Bid
- Sotherly Hotels Inc. (SOHO) has entered into a definitive merger agreement to be acquired by a joint venture led by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners.
- Common stockholders will receive $2.25 per share in cash, representing a 152.7% premium to the closing share price on October 24, 2025, the last trading day prior to the announcement.
- The merger agreement was unanimously approved by Sotherly's board of directors and is expected to close in the first quarter of 2026, subject to stockholder approval and customary closing conditions.
- Holders of preferred stock can elect to convert their shares into common stock to receive the merger consideration, or their preferred stock will remain outstanding in accordance with their terms.
Oct 27, 2025, 10:30 AM
Sotherly Hotels Inc. to be Acquired by Joint Venture
SOHO
M&A
Takeover Bid
- Sotherly Hotels Inc. (SOHO) has entered into a definitive merger agreement to be acquired by a joint venture led by Kemmons Wilson Hospitality Partners, LP, with Ascendant Capital Partners LP serving as a strategic partner.
- The joint venture entity, KW Kingfisher LLC, will acquire all outstanding shares of Sotherly common stock for $2.25 per share in cash.
- This acquisition price represents a 152.7% premium to the Company’s closing share price on October 24, 2025, and a 126.4% premium to the volume weighted average share price over the previous 30 days.
- The merger agreement was unanimously approved by Sotherly’s full board of directors and is expected to close in the first quarter of 2026, subject to approval by Sotherly stockholders and customary closing conditions.
- Holders of Sotherly’s preferred stock can elect to convert their shares into common stock to receive the merger consideration, or their preferred stock will remain outstanding and unaffected by the merger.
Oct 27, 2025, 10:30 AM
Thor Equities Group Secures Refinancing for ModernHaus SoHo
SOHO
Debt Issuance
New Projects/Investments
- Thor Equities Group announced the successful refinancing of the ModernHaus SoHo Hotel, securing $53.5 million in proceeds through Argentic.
- The ModernHaus SoHo is a 114-room boutique hotel in New York's SoHo, noted for its high occupancy, luxury amenities, and iconic Jimmy rooftop lounge.
- This achievement follows other recent developments by Thor Equities, including the acquisition of three sites in Miami, the purchase of a data center development site, and a MXN 2.4 billion investment in an industrial park in Mexico.
Oct 1, 2025, 8:39 PM
Sotherly Hotels Inc. Announces Refinancing of Savannah Hotel
SOHO
Debt Issuance
- Sotherly Hotels Inc. announced the refinancing of the DeSoto Hotel in Savannah, Georgia, through a $42.0 million secured loan with Citi Real Estate Funding Inc.
- The loan, executed on September 12, 2025, is interest-only, carries a fixed interest rate of 7.13%, and matures on October 6, 2030.
- Proceeds from the loan were used to repay the existing first mortgage and for general corporate purposes, with the Company receiving approximately $5.78 million in net proceeds.
Sep 17, 2025, 8:00 PM
Quarterly earnings call transcripts for Sotherly Hotels.
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