CarrAmerica Secures $99 Million Refinance Loan From Morgan Stanley For InterContinental Hotel In Washington D.C
801 Wharf Street Southwest
$99,000,000
Building Size
—
Asset Type
Hotel
Closing
Feb 5, 2026
About this deal
AI
The asset involved is the InterContinental Washington D.C. — The Wharf, a hotel located at 801 Wharf Street Southwest in Washington, DC. This property consists of 278 keys and was developed in 2017 as part of the Wharf redevelopment project.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $99,000,000
- Lender: Morgan Stanley
- Landlord: Oliver Carr Jr. - CarrAmerica
- Loan Type: Refinance
- Brokers: Jordan (Jordy) Roeschlaub - Derby Lane Partners, Nick Scribani, Tyler Dumon & Tate Keir - Newmark
This refinancing deal enables CarrAmerica to secure a substantial loan, facilitating further financial strategies for the property and enhancing its operational capacity in the competitive hotel market.
On the Map
$99,000,000
Hotel
View full map
Players
Washington Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
Loading comparables…
Deal FAQ
Browse Washington hotel loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93