Hersha Hospitality Trust Sells Cambridge Hotel For $32M

The hotel located at 250 Monsignor O'Brien Highway in Cambridge, MA has been sold for a total of $32,000,000. The sale took place on 03/11/2021. The property, owned by Hersha Hospitality Trust and represented by Jay Shah, was listed on the market. The deal was brokered by Cyrus Vazifdar from Hodges Ward Elliott.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $32,000,000
• Date: 03/11/2021
• Address: 250 Monsignor O'Brien Highway, Cambridge, MA
• Seller: Hersha Hospitality Trust - Jay Shah
• Broker: Cyrus Vazifdar - Hodges Ward Elliott

The successful sale of the hotel was facilitated by Cyrus Vazifdar from Hodges Ward Elliott, representing the buyer or seller. Meanwhile, Jay Shah acted as the representative of Hersha Hospitality Trust. The transaction highlights the collaboration and expertise of these key individuals and companies in closing the deal.