PHILADELPHIA--(BUSINESS WIRE)--Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of upscale hotels in urban gateway markets, announced the Company has closed on the joint venture for seven of the Company’s premium limited service hotels in Manhattan with Cindat Capital Management Limited (“Cindat”), a China based investment management platform with offices in Beijing, Shanghai and New York City, for a total purchase price, including closing and capital improvement costs, of
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