Sotherly Hotels Inc. - 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock (SOHOB)
About Sotherly Hotels Inc. - 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock (SOHOB)
The company is based in Williamsburg, VA and has subsidiaries in the United States. Sotherly Hotels, Inc. is a self-managed lodging real estate investment trust specializing in acquiring, renovating, and repositioning upscale to upper-upscale full-service hotels, primarily in the southern United States, with some opportunistic acquisitions elsewhere. The company’s portfolio includes ten hotel properties totaling 2,786 rooms, operating under worldwide and Hyatt brands as well as independently, and interests in two condominium hotels and their associated rental programs. Sotherly Hotels also operates the Sotherly Foundation, a nonprofit established in 2015 that provides targeted aid primarily to American veterans living near their hotels. The company was founded in 2004. The CEO is Zachary Schmidt. Sotherly Hotels was acquired by KW Kingfisher LLC on February 12, 2026 for $46.10 million.