public_filing
Courtyard Scranton — Hersha acquisition
$8,800,000 · $73,333/key
Hersha acquired the 120-room Courtyard by Marriott in Scranton, Pennsylvania on February 1, 2006 for approximately $8.8 million. Harbor PPK is $8.8 million ÷ 120. The same 8-K names February 1, the 120 rooms, and that hotel price. Use the approximately $8.8 million hotel price, not the $6.3 million debt line, not a later Exhibit 99.1 $8.65 million table, and not a later 10-Q $8,817 or $8,851 line. Seller unnamed. Filing names Scranton, Pennsylvania — Harbor will not invent a Harrisburg, Philadelphia, Wilkes-Barre, or Moosic lock. The house sits on its own Scranton market — not Central Pennsylvania and not Philadelphia. The same 8-K’s Holiday Inn Express Hauppauge $18.0 million / 133 tape and Hampton Inn Farmingville $21.5 million / 161 tape are separately named singles already on the corpus. The same 8-K’s Residence Inn Norwood $14.3 million / 96 line and Residence Inn Tyson’s Corner $20.1 million / 96 line are separately named singles — not this tape. The same 8-K’s January 3, 2006 Mt. Laurel, Bethlehem, and Langhorne line stays combined. The same 8-K’s May 1, 2006 North Dartmouth and Franklin line stays combined. Hampton Inn Center City Philadelphia stays off as an 80% preferred-return interest. Hilton Garden Inn JFK Airport February 2006 stays off as a membership-interest buy. Holiday Inn Express Cambridge stays off — the same 8-K names $12.2 million without keys. Hampton Inn Manhattan-Chelsea stays off as a remaining-interest contract. The June 6 $39.5 million announcement is a contract, not this close. Do not stitch a Hotel Executive or Hotel News Resource item. 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. Comfort Inn North Dartmouth stays off — that house was a held-for-sale reclass and later a lender transfer, not a hotel deed tape. Holiday Inn Norwich stays off until one paper names month, that hotel’s price, and keys together — the July 1, 2007 8-K names $16.1 million without 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 Courtyard Westside $47.5 million / 260 tape, not Hersha’s 2016 Courtyard Sunnyvale $75.0 million / 145 tape, and not Hersha’s 2009 Hilton Garden Inn Gettysburg $7.75 million / 88 tape. Older than the 2025–26 blotter cut.
Hersha Hospitality Trust Form 8-K, September 12, 2006 (February 1, 2006 close)