Ashish Parikh
Cfo
HHM Hotels
(Hersha Hospitality Trust, Hersha Hospitality Management, Hersha Hospitality)
HHM Hotels portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$23.3 million – condo 100%; Manhattan 100%, Bronx 0%
1565th largest portfolio by dollar value
67,316 sqft – condo 100%;
2398th largest by SF
2 properties – Manhattan 100%, Bronx 0%
155th largest
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 1 for $24.1 million
Borrower signatory: 5 for $304.8 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Wells Fargo (5), Citibank (5), Slate Property Group (1)
Top Ten Associated People:
Jeffrey L. Cirillo (5), Jonathan Misher (5), David Schwartz (1)
Recent activity as signatory:
• KSL Capital Partners borrowed $37.7 million from Wells Fargoand Citibank for 148-18 134th Street, South Ozone Park, Queens on December 26, 2024.
• KSL Capital Partners borrowed $35.7 million from Wells Fargoand Citibank for 85 Smith Street, Boerum Hill, Brooklyn on December 24, 2024.
• KSL Capital Partners borrowed $58.6 million from Wells Fargoand Citibank for 39 Avenue Of The Americas, Tribeca, Manhattan on December 20, 2024.
• KSL Capital Partners borrowed $88.6 million from Wells Fargoand Citibank for 134 4th Avenue, Greenwich Village, Manhattan on December 20, 2024.
• KSL Capital Partners borrowed $84.2 million from Wells Fargoand Citibank for 206 East 52nd Street, Midtown East, Manhattan on December 20, 2024.
• KSL Capital Partnersand Hersha Hospitality Trust sold 320 Pearl Street, Financial District, Manhattan for $24.1 million to Slate Property Group on December 19, 2023.