HHM Hotels

(Hersha Hospitality Trust, Hersha Hospitality Management, Hersha Hospitality)

hhmhotels.com

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HHM Hotels portfolio

$23.3 million* – condo 100%; Manhattan 100%, Bronx 0%

1589th largest portfolio by dollar value

67,316 sqft – condo 100%;

2428th largest by SF

2 properties – Manhattan 100%, Bronx 0%

3055th largest

Notes

KSL Capital Partners took Hersha Hospitality Trust private in 2023.

Company Activity past 24 months:

Seller company: 3 for $401.7 million

Borrower company: 1 for $51 million

Top Ten Associated Companies:

Citibank (6), Bayrock Capital (1), Slate Property Group (1), KSL Capital Partners (1), Monarch Alternative Capital (1), Premier Equities (1), Mack Real Estate Group (1), Prospect Ridge (1)

Top Ten Associated People:

Daniel Rabinowitz (1), Alicia L. Mioli (1), David Schwartz (1), Adam Sklar (1), Mark Mermel (1), Matthew Livian (1)

Recent activity as company:

• KSL Capital Partners and Hersha Hospitality Trust sold 232 West 29th Street, Chelsea, Manhattan for $59.8 million to Prospect Ridge on November 18, 2024.

• Hersha Hospitality Trust sold 132 4th Avenue, 232 West 29th Street, 206 East 52nd Street, 148-18 134th Street, 2 York Street, and others, Greenwich Village, Manhattan for $317.8 million to KSL Capital Partners on December 27, 2023.

• KSL Capital Partners and Hersha Hospitality Trust sold 320 Pearl Street, Financial District, Manhattan for $24.1 million to Slate Property Group on December 19, 2023.

• Hersha Hospitality Trust borrowed $51 million from Monarch Alternative Capital for 517 Lexington Avenue and 517 Lexington Avenue, Midtown East, Manhattan on September 07, 2023.

• Hersha Hospitality Trust borrowed $26.2 million from Citibank for 232 West 29th Street, Chelsea, Manhattan on December 13, 2022.

• Hersha Hospitality Trust sold 132-26 S Conduit Avenue, South Ozone Park, Queens for $11 million to Bayrock Capital on November 14, 2022.

• Hersha Hospitality Trust sold 130 Duane Street, Tribeca, Manhattan for $18 million to Premier Equities on May 25, 2021.

• Hersha Hospitality Trust sold 51 Nassau Street, 343 West 39th Street, 341 West 39th Street, 337 West 39th Street, 126 Water Street, and others, Financial District, Manhattan for $315.8 million to Mack Real Estate Group on March 04, 2021.

• Hersha Hospitality Trust borrowed $51.3 million from Citibank for 232 West 29th Street, Chelsea, Manhattan on July 24, 2020.

• Hersha Hospitality Trust borrowed $19 million from Citibank for 148-18 134th Street, Queens, Queens on July 24, 2020.