PHILADELPHIA--(BUSINESS WIRE)--Hersha Hospitality Trust (NYSE: HT, “Hersha” or the “Company”), owner of upscale hotels in urban gateway markets, announced the Company closed on a new $300 million Senior Unsecured Term Loan (the “Term Loan”). The new Term Loan, together with the Company’s $500 million senior unsecured credit facility (the “Facility”), consisting of a $250 million revolving line of credit and a $250 million term loan, expands the Company’s senior unsecured borrowing capacity from
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