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Hersha Hospitality sells FiDi Hampton Inn for $32M

Hersha Hospitality sells FiDi Hampton Inn for $32M

  Virginia-based hospitality investor Shamin Hotels made its first purchase in New York City. Shamin bought the 81-room Hampton Inn hotel in the Financial District for $32.4 million from Hersha Hospitality Trust, according to property records filed with the city Friday. The purchase price works out to $400,000 per key for the seven-story hotel at 32 Pearl Street near Battery Park. Representatives for Hersha and Shamin were not immediately available to comment. Hersha paid $28.73 […]


Source: realdeal

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