Hilton Garden Inn Gettysburg — Hersha disposition
Hilton Garden Inn Gettysburg · 88 keys · Upscale
Consideration
$7.8M
$88k / key
Hersha 424B5: $7.75 million for the 88-room Hilton Garden Inn in Gettysburg. Gettysburg Garden Inn — not a Philadelphia Westin PPK.
Hersha Hospitality Trust prospectus supplement / 424B5 (July 30, 2009 close)
Hersha sold the 88-room Hilton Garden Inn located in Gettysburg, Pennsylvania on July 30, 2009 for $7.75 million. Harbor PPK is $7.75 million ÷ 88. The same subsequent-events paragraph names July 30, the 88 rooms, and that hotel price. Use the $7.75 million hotel price, not the $1.75 million net-after-debt line. Buyer unnamed. Filing names Gettysburg, Pennsylvania — Harbor will not invent a Harrisburg, Hershey, or Philadelphia lock. Do not stitch a Hotel Executive or Hotel News Resource item. The same paper’s July 14, 2009 Mainstay Suites plus Comfort Inn Frederick line stays combined. The same paper’s July 23, 2009 Four Points Revere line is a 55% joint-venture interest, not a hotel deed tape. Holiday Inn Express Camp Springs stays off — the June 26, 2008 8-K names $14.0 million without keys; do not stitch the $61.8 million Harrisburg, JFK, and Camp Springs line. Towne Place Suites Harrisburg stays off until one paper names month, that hotel’s price, and keys together. Sheraton JFK stays off until one paper names month, that hotel’s price, and keys together. Holiday Inn New Cumberland stays off — the October 30, 2008 8-K names the sale without a hotel price or keys. Hotel Oceana stays off until a filing names keys with a hotel price. TownePlace Suites Sunnyvale stays off until one paper names a calendar month, a hotel price, and keys together. Parrot Key stays off until one paper names month, a hotel price, and keys together. Holiday Inn Express Chester stays off until a filing names a calendar month, a hotel price, and keys together. Hyatt Place King of Prussia stays off until one paper names month, a hotel price, and keys together. Hersha’s February 2010 Times Square Hampton, Candlewood, and Holiday Inn Express line stays combined. Holiday Inn Express 29th Street stays off as a remaining-interest buyout. The May 5, 2011 paper’s 32 Pearl Street $28.3 million line names a hotel price without keys. Courtyard South Boston stays off as a mortgage-note purchase of a 50% joint venture. Hilton Garden Inn Glastonbury stays off as a remaining 52% joint-venture interest. Hampton Inn & Suites West Haven and Hilton Garden Inn Tribeca stay off as development-loan conversions. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2011 Comfort Inn West Hanover $5.25 million / 81 tape, not Hersha’s 2010 Holiday Inn Express New Columbia $3.0 million / 81 tape, not Hersha’s 2017 Westin Philadelphia $135 million / 294 tape, and not Hersha’s 2008 Hampton Inn Smithfield $12.6 million / 101 tape. Older than the 2025–26 blotter cut.
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