KSL Capital Partners Acquires Six Hotels In Greenwich Village, Midtown East, And South Ozone Park For $317.8M

KSL Capital Partners, represented by Eric Resnick, has acquired six hotels from Hersha Hospitality Trust for a total price of $317,792,634. The properties are located in Greenwich Village, Midtown East, and South Ozone Park. The transaction was completed by KSL Capital Partners' subsidiary, 1776 Portfolio Investment, LLC.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $317,792,634
• Buyer: Eric Resnick - KSL Capital Partners
• Seller: Neil H. Shah - Hersha Hospitality Trust
• Address: 132 4th Avenue, 206 East 52nd Street & 148-18 134th Street
• Market: Greenwich Village & Midtown East, Manhattan; & South Ozone Park, Queens

Eric Resnick, representing KSL Capital Partners, has successfully acquired the hotels from Neil H. Shah, the seller from Hersha Hospitality Trust. The deal marks a significant investment by KSL Capital Partners in the hospitality sector in New York City.