HHM Hotels
(Hersha Hospitality, Hersha Hospitality Trust, Hersha Hospitality Management)
2001 Market Street Suite 3500 Philadelphia, PA 19103
People:
HHM Hotels NYC portfolio
$64 million -condo 99%; Manhattan 99%*
1978th largest portfolio by dollar value
67,316 sqft – condo 100%; Manhattan 100%
2998th largest by SF
Notes
KSL Capital Partners took Hersha Hospitality Trust private in 2023.
Company Activity past 24 months:
Seller company: 2 for $128.8 million
Developer (new building or major alteration): 1 for 72,142 square feet
Top Ten Associated Companies:
Citibank (6), Mack Real Estate Group (1), Slate Property Group (1), Premier Equities (1), Prospect Ridge (1), AMTD Group (1), Monarch Alternative Capital (1), KSL Capital Partners (1), Bayrock Capital (1)
Top Ten Associated People:
David Schwartz (1), Mark Mermel (1), Matthew Livian (1), Feridun Hamdullahpur (1), Adam Sklar (1), Daniel Rabinowitz (1), Alicia L. Mioli (1)
Recent activity as company:
• KSL Capital Partners and HHM Hotels sold 43 Avenue Of The Americas for $69 million to AMTD Group on March 06, 2026.
• HHM Hotels for Juan Aguilar filed plans for major alteration for 72,142 sqft in Chelsea, Manhattan, on November 17, 2025.
• KSL Capital Partners and Hersha Hospitality Trust sold 232 West 29 Street for $59.8 million to Prospect Ridge on November 08, 2024.
• KSL Capital Partners and Hersha Hospitality Trust sold 322 Pearl Street for $24.1 million to Slate Property Group on December 14, 2023.
• Hersha Hospitality Trust sold 138 4 Avenue for $317.8 million to KSL Capital Partners on November 28, 2023.
• Hersha Hospitality Trust borrowed $51 million from Monarch Alternative Capital for 517 Lexington Avenue and 517 Lexington Avenue, Midtown East, Manhattan on August 30, 2023.
• Hersha Hospitality Trust ground leased 132-30 South Conduit Avenue valued at $11 million to Bayrock Capital on November 02, 2022.
• Hersha Hospitality Trust borrowed $26.2 million from Citibank for 232 West 29 Street on August 04, 2022.
• Hersha Hospitality Trust sold 190 Church Street for $18 million to Premier Equities on May 13, 2021.
• Hersha Hospitality Trust sold 20 Maiden Lane for $315.8 million to Mack Real Estate Group on February 12, 2021.
Latest Stories:
• AMTD Group pays $69M to KSL Capital, HHM Hotels for hotel in Tribeca (March 16, 2026)
• Mack signs $235M refi with Wells Fargo for seven Manhattan hotels (June 17, 2025)
• KSL Capital ups debt by $13M on Tribeca hotel to $58.6M (December 23, 2024)
• Prospect Ridge pays $59.8M to KSL Capital, Hersha for hotel in Chelsea (November 18, 2024)
• Slate pays $24.1M to KSL, Hersha for Hampton Inn building in FiDi (December 20, 2023)
• KSL Capital Partners signs $23M refi for hotel in South Ozone Park (December 19, 2023)
Properties: