QUANTUMONLINE.COM SECURITY DESCRIPTION:  Sotherly Hotels LP, 8.00% Senior Unsecured Notes Due 2018, issued in $25 denominations, redeemable at the issuer's option on or after 9/30/2016 at $25 per note plus accrued and unpaid interest, and maturing 9/30/2018. Interest distributions of 8.00% per annum ($2.00 per annum or $0.50 per quarter) will be paid quarterly on 3/30, 6/30, 9/30 & 12/30 to holders of record on the record date that will be 3/15, 6/15, 9/15 & 12/15, repsectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date). If a change of control repurchase event occurs the issuer must offer to repurchase the notes at a repurchase price equal to 102% of the aggregate principal amount plus any accrued and unpaid interest to, but not including, the repurchase date (see the prospectus for further information). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. This security was not rated by Moody’s or S&P at the time of its IPO. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.

Stock Exchange	Cpn Rate Ann Amt	LiqPref CallPrice	Call Date Matur Date	Moodys/S&P Dated	Distribution Dates	15% Tax Rate
NGM Chart	8.00% $2	$25.00 $25.00	9/30/2016 9/30/2018	NF NF 11/18/2015	3/30, 6/30, 9/30 & 12/30 Click for MW ExDiv Date Click for Yahoo ExDiv Date	No

Notes:  11/8/2016 -- On August 23, 2016, the Company sold 1,610,000 shares of 8% Series B Cumulative Redeemable Perpetual Preferred stock, for net proceeds after all expenses of approximately $37.8 million, which it contributed to the Operating Partnership for an equivalent number of preferred units. On September 30, 2016, Sotherly Hotels LP redeemed the entire $27.6 million aggregate principal amount of its outstanding 8% Senior Unsecured Notes. ____________ Aug. 23, 2016 -- Sotherly Hotels Inc. today announced it has closed its upsized underwritten public offering of 1,610,000 shares of its 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock for net proceeds of approximately $38,125,000 after deducting estimated offering-related expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 15% of the Series B Preferred Stock to cover over-allotments, if any. The Company contributed the net proceeds from the offering to Sotherly Hotels LP, its operating partnership, which intends to use the net proceeds to redeem in full the Operating Partnership’s 8.0% Senior Unsecured Notes with the remaining net proceeds to be used for general corporate purposes.

Company's Online Information Links

HOME PAGE:     http://sotherlyhotels.com/
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Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

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Company's Email Address Links

Email Address	scottkucinski@sotherlyhotels.com
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Address and Phone Numbers

Address:   410 West Francis Street, Williamsburg, VA 23185
Main Phone Number	757-229-5648
Fax Number	Not Available
Investor Relations   Scott Kucinski	757-229-5648

CEO - Andrew M. Sims

CFO - Anthony E. Domalski