ITEM 8.01 OTHER EVENTS.
August 2024 Distributions
On August 28, 2024, Stirling Hotels & Resorts, Inc. (the "Company") declared distributions for each class of its common stock (as well as corresponding OP units) in the amounts per share set forth below:
|
Gross Distributions
|
Distribution Fee
|
Net Distributions
|
As of August 30, 2024
|
Class D Shares
|
$
|
0.1042
|
$
|
0.0054
|
$
|
0.0988
|
Class I Shares
|
$
|
0.1042
|
$
|
-
|
$
|
0.1042
|
Class S Shares
|
$
|
0.1042
|
$
|
0.0183
|
$
|
0.0859
|
Class T Shares
|
$
|
0.1042
|
$
|
0.0183
|
$
|
0.0859
|
Class E Shares
|
$
|
0.1042
|
$
|
-
|
$
|
0.1042
|
The net distributions for each class of common stock (which represents the gross distributions less distribution fees for the applicable class of common stock) are payable to stockholders of record immediately following the close of business on August 30, 2024 and will be paid on or about September 15, 2024. These distributions will be paid in cash or reinvested in shares of the Company's common stock for stockholders participating in the Company's distribution reinvestment plan.