Real Estate News

Hersha Hospitality Trust Sells Courtyard San Diego For $64.5 Million

PHILADELPHIA, Jan. 04, 2021 (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 it entered into a binding sales agreement on the 245-room Courtyard San Diego for $64.5 million resulting in a net book gain approximating $5.4 million.

Talonvest Closes $15.65 Million Bridge Loan for MA Property

IRVINE, Calif., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Talonvest Capital, Inc., a boutique self storage and commercial real estate mortgage brokerage firm, represented Westport Properties, Inc, and their institutional JV equity partner Heitman, in the negotiation of a $15,650,000 bridge loan for the acquisition of a recently constructed storage property in Needham, MA.

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