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Washington DC  + DC Metro  + Hospitality  | 

Berkadia Arranges $30M Sale of Virginia Hotel Portfolio

Berkadia has arranged the $30 million sale of Embassy Suites and Homewood Suites Dulles North, a 244-room suites product dual-brand property in Ashburn, VA.

Located at 44610 and 44620 Waxpool Road, the Embassy Suites and Homewood Suites hotels offer both single rooms and suites. Amenities include an outdoor pool, fitness center, on-site restaurant, complimentary airport shuttle, pet friendly rooms and flexible meeting space. The dual brand property is located three miles north of Washington Dulles International Airport and is a 30-minute drive from Washington D.C.

Dan Hawkins, John Testerman and John Kluh of Berkadia Hotels & Hospitality represented the seller, The Buccini/Pollin Group, in the transaction. The buyer was not disclosed. The deal closed May 28.


Inside The Story

Berkadia’s Hawkins

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition