Hersha Hospitality Trust to Sell Hotel Milo Santa Barbara and Pan Pacific Seattle for $125 Million
Benzinga
SEPTEMBER 12, 2022
– Net Proceeds are expected to be used for general corporate purposes including, but not limited to, additional debt repayment and dividend payments –. EBITDA multiple on 2019 results and a $455K per key valuation –. Price implies a blended 2.9% cap rate and 27.0x PHILADELPHIA, Sept.
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