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Before acquiring The Ritz-Carlton, Georgetown for $49.9 million, [6] [7] Hersha sold seven of its Manhattan hotels in February 2016 to a joint venture with Chinese company Cindat Capital Management. [8] [6] In August 2023, private equity firm KSL Capital Partners announced an agreement to purchase Hersha for $10.00 per share, for a total of $1. ...
Shares of Hersha Hospitality Trust (NYSE:HT) will begin trading ex-dividend in 3 days. To qualify for the dividend check of $0.28 per share, investors must have owned the shares priorRead More...
Hersha Hospitality Trust (NYSE: HT) has entered into definitive agreements to sell two of its West Coast properties for gross proceeds of $125 million, or about $455,000 per key. ... Hersha's 30 ...
The mean of analysts' price targets for Hersha Hospitality (HT) points to a 25.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement ...
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Hersha Hospitality Trust Prices Public Offering of 6.875% Series C Preferred Shares PHILADELPHIA--(BUSINESS WIRE)-- Hersha Hospitality Trust (NYS: HT) today announced that it has priced a public ...
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