Hotel developer Sam Chang has finally lined up a buyer for his three-pack of budget hotels on West 39th Street, The Real Deal has learned. Chang and his company’s COO Gary Wisinski of McSam confirmed they have a deal in the works that’s set to close next month for the three hotels in one building with separate entrances at 337, 339 and 343 West 39th Street. Sources said the buyer is Hersha Hospitality, a Philadelphia-based, publicly traded REIT and an affiliate of the Hersha Trust, which has partnered with McSam before. Last year, Chang boasted to The Real Deal that he and all the Hersha Hospitality Management partners have similar large diamond rings and diamond-encrusted Rolexes. Chang denied Hersha is the buyer, but noted he has signed a strict confidentiality agreement related to the sale. [more]