The Real Deal Logo

search

Hersha Hospitality Trust

Blackstone Group CEO Stephen A. Schwarzman with Courtyard Marriott at 600 W. El Camino Real, Sunnyvale and TownePlace Suites at 606 S. Bernardo Ave., Sunnyvale (Getty, Google Maps, Marriott)
San Francisco
Aug 17, 2022

Blackstone acquisition bets on business hotels in Sunnyvale

Investment firm pays $99M for 145-key and 94-key properties
From left: Holiday Inn Express at Wall Street, Cindat CEO Greg Peng and Holiday Inn Express at Times Square (Credit: IHG/Booking and Cindat)
New York
Sep 1, 2020

Cindat looks to sell stake in Manhattan hotel portfolio at discount

Chinese private equity firm paid $571M for stake in 7 hotels in 2016
Hersha Hospitality sells FiDi Hampton Inn for $32M
New York
Mar 9, 2018

Hersha Hospitality sells FiDi Hampton Inn for $32M

Virginia-based Shamin Hotels is the buyer