Electra America Acquires Hotel In Washington, DC For $49M | 1 Washington Circle Northwest | Marc Magazine | Hotel | Sale

Summary

Sale

NATIONAL

Hotel

The property involved in this transaction is a hotel located at 1 Washington Cir NW in Washington, DC. The hotel consists of 152 keys.

Summary of transaction details

Property Type: Hotel
Transaction Amount: $49,000,000
Buyer: Electra America - Russ Urban & AKA
Seller: George Washington University - Bruno Fernandes
Broker: Marc Magazine - Savills

The buyer in this deal is Electra America represented by Russ Urban and AKA. The seller is George Washington University represented by Bruno Fernandes. The broker facilitating the transaction is Marc Magazine from Savills.

Players

All
2

Agents
1
Agencies
1

Marc Magazine

Executive Managing Director

$49M Sold

Savills

Details

Deal Summary

SOLD

IMAGE: Marc Magazine DATE: 06/29/2022 ADDRESS: 1 Washington Cir NW MARKET: Washington, DC ASSET TYPE: Hotel ~ KEYS: 152 BUYER: Electra America - Russ Urban & AKA SELLER: George Washington University - Bruno Fernandes BROKER: Marc Magazine - Savills SALE PRICE: $49,000,000

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Address1 Washington Circle Northwest

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