hersha hospitality trust (HT:New York)
Transactions by HERSHA HOSPITALITY TRUST (HT) in the last 6 months
Independent Collection acquired Saint Gregory Luxury Hotel & Suites from Hersha Hospitality Trust (NYSE:HT) on July 29, 2015.
Hersha Hospitality Trust (NYSE:HT) entered into a purchase agreement to acquire St. Gregory Hotel & Suites in Washington, DC from Larry Lipnick for $57 million on June 8, 2015. As a part of consideration, Hersha Hospitality will pay $31.2 million in cash and will assume $25.8 million in mortgage debt that matures in September 2021. The acquisition of the St. Gregory will be funded with cash on hand and proceeds from Hersha Hospitality Trust's $250 million senior unsecured ...
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