Real Estate News

Hersha Hospitality Trust Provides Operational Update

- December Property-Level Cash Flow of $9.7 Million -

PHILADELPHIA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced preliminary operating results for December 2021.

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Twelfth Extended Hostile Tender Offer

GRAPEVINE, Texas, Jan. 19, 2022 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the twelfth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

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