Sotherly Hotels Inc. Stockholders Approve Merger Transaction

Core Viewpoint - Sotherly Hotels Inc. has announced the approval of its merger with KW Kingfisher LLC, which is expected to close in the first quarter of 2026, with shareholders receiving $2.25 per share in cash [1][2]. Company Overview - Sotherly Hotels Inc. is a self-managed and self-administered lodging real estate investment trust (REIT) formed in August 2004, focusing on owning, acquiring, renovating, and repositioning full-service, primarily upscale and upper-upscale hotel properties in the mid-Atlantic and southern United States [3]. - The company owns ten full-service hotels located in seven states, totaling 2,786 hotel rooms, along with interests in two condominium hotels and their associated rental programs [3].