Henderson Park Acquires Hotel On Maryland Ave SW In Washington, DC For $139M

The Hotel located at 1330 Maryland Ave SW in Washington, DC has been sold in a transaction. The property was acquired by Henderson Park from the seller, Mandarin Oriental. The sale took place on September 16, 2022, for a total price of $139,000,000. The hotel has a total of 373 keys, with a price per key (PPK) of 372,654.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $139,000,000
• Address: 1330 Maryland Ave SW, Washington, DC
• Market: Washington, DC

The transaction was facilitated by JLL, who represented both the buyer, Henderson Park, and the seller, Mandarin Oriental.