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02.07.25 - 22:03
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Sotherly Hotels Inc. Announces Notice of Default on Mortgage Loan Secured by the Georgian Terrace Hotel in Atlanta (GlobeNewswire EN)
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WILLIAMSBURG, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced the Company received a Notice of Default (the “Notice”) from the special servicer for its mortgage loan secured by the Georgian Terrace in Atlanta. The Notice states that the Company's subsidiary, SOHO Atlanta LLC, is in default under the note and the loan documents by virtue of, among other things, its failure to pay all amounts when due thereunder, and that the current lender, Wilmington Trust, National Association, as Trustee, will take all such actions as it deems appropriate to protect its interest in the mortgage loan and to collect the debt thereunder, including, without limitation, seeking foreclosure and/or reconveyance of its security under the loan documents without further notice or demand except as required pursuant to state law and the loan documents. The Company estimates that the amount of direct financial obligation, as of July 2, 2025, is approximately $38.0...
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03.04.25 - 12:33
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Sotherly Hotels Inc. Schedules First Quarter 2025 Earnings Release and Conference Call (GlobeNewswire EN)
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WILLIAMSBURG, Va., April 03, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the first quarter 2025 prior to the market opening on Tuesday, May 13, 2025. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company's first quarter 2025 results. The information to be discussed on the call will be contained in the Company's earnings release, which will be available via the Company's website at www.sotherlyhotels.com in the Investors section under Financial Information....
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24.02.25 - 20:33
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Sotherly Hotels Inc. Announces Amended Dividend Tax Treatment (GlobeNewswire EN)
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WILLIAMSBURG, Va., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) is amending the estimated income tax classification information of the Company's 2024 distributions on its Series D preferred shares (CUSIP #83600C509), which was previously released on February 18, 2025, due to the inclusion of incorrect “paid” and “record” dates in the release. The changes apply to only the Series D preferred shares portion of the release. The income tax classification of the 2024 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table:...
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18.02.25 - 20:33
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Sotherly Hotels Inc. Announces Dividend Tax Treatment (GlobeNewswire EN)
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WILLIAMSBURG, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced the estimated income tax classification of the Company's 2024 distributions on its Series B preferred shares (CUSIP #83600C301), Series C preferred shares (CUSIP #83600C400), and Series D preferred shares (CUSIP #83600C509). The income tax classification of the 2024 distributions as it is expected to be reported on Form 1099-DIV is set forth in the following table:...
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12.02.25 - 12:33
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Sotherly Hotels Inc. Schedules Fourth Quarter 2024 Earnings Release and Conference Call (GlobeNewswire EN)
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WILLIAMSBURG, Va., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the fourth quarter 2024 prior to the market opening on Thursday, March 13, 2025. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company's fourth quarter 2024 results. The information to be discussed on the call will be contained in the Company's earnings release, which will be available via the Company's website at www.sotherlyhotels.com in the Investors section under Financial Information....
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