Washington DC + Hospitality | March 12, 2021

HWE Arranges $51M Sale of Capitol Hill Hotel in D.C.

Boutique real estate capital markets advisor Hodges Ward Elliott has arranged the $51 million sale of the Capitol Hill Hotel, a 153-room independent hotel adjacent to Capitol Hill.

Located at 200 C Street SE, the pet-friendly hotel features an onsite ATM, 24-hour lobby market and valet parking as well as self-service laundry. The sale was part of a two-property hotel portfolio, which also included the 112-room Holiday Inn Express & Suites Boston in Cambridge.

Cyrus Vazifdar, Jay Morrow, Michael Tormey and Alex Yiankes of Hodges Ward Elliot represented the seller, Hersha Hospitality Trust, in the transaction. Hersha Hospitality Trust had acquired the Capitol Hill Hotel in 2011 for $47.5 million. The buyer was not disclosed.

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Inside The Story

HWE’s Vazifdar

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.

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