Holiday Inn Wall Street

public_filing

Holiday Inn Wall Street — Hersha acquisition

$34,876,000 · $308,637/key

Hersha acquired 100% of the membership interests in Maiden Hotel LLC, the owner of the 113-room Wall Street Holiday Inn in New York, NY, on May 7, 2010 for an aggregate purchase price of approximately $34.876 million. Harbor PPK is $34.876 million ÷ 113. The same 10-Q names May 7, the 113 rooms, and that membership-interest purchase price. Use the $34.876 million hotel price, not the $151 closing-cost add-on, not the $957 thousand Common Units line, not the $7.839 million mezzanine settlement, and not a trade-press $34.8 million / $308,000 per key line. Seller unnamed — an unrelated third party. Maiden Hotel LLC is the named owner entity purchased — not a Harbor party. Filing names Wall Street, New York — Harbor will not invent a Seaport or Financial District lock. Do not stitch the August 4, 2010 Exhibit 99.1, which names May without a hotel price or keys. The same 10-Q’s February 9, 2010 Times Square Hampton, Candlewood, and Holiday Inn Express line stays combined. The same 10-Q’s January 1, 2010 Hilton Garden Inn Glastonbury line is a remaining 52% joint-venture interest, not a hotel deed tape. Courtyard South Boston stays off as a mortgage-note purchase of a 50% joint venture. 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. 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. Hersha’s 2021 four-hotel $178.5 million line and August 2022 six-pack $435.9 million stay combined. Not Hersha’s 2011 Holiday Inn Express Water Street $36.7 million / 112 tape, not Hersha’s 2018 Hampton Inn Financial District $32.4 million / 81 tape, and not Hersha’s 2014 Hotel 373 $37.0 million / 70 tape. Older than the 2025–26 blotter cut.