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Tag Archives: Jay H. Shah

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Citibank, Wells Fargo and M&T Bank Close $500MM Credit Facility with Hersha Hospitality Trust

Hersha Hospitality Trust closed on the refinancing of a $500 million senior secured credit facility and the closing of the first tranche of six of the previously announced disposition of seven non-core Urban Select Service properties.

August 8, 2022 | | | | | | | | | | | Ian Koplin

Citibank, Wells Fargo Agent Amendment to Hersha Hospitality Trust’s Credit Facility

Citibank is serving as administrative agent and Wells Fargo is serving as syndication agent for an amendment to Hersha Hospitality Trust’s existing bank credit facility, which provides for an additional $100 million on the company’s $250 million senior revolving line of credit.

May 6, 2020 | | | | | | Phil Neuffer