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London’s Henderson Park Acquires Luxurious Mandarin Oriental Hotel in DC
London-based private equity real estate manager Henderson Park has acquired the Mandarin Oriental Washington DC, a 373-key luxury resort in Washington, DC.
Gilda Perez-Alvarado, Jeffrey Davis and Stephany Chen of JLL marketed the hotel on behalf of the seller, Mandarin Oriental Hotel Group International Limited, while Mark Fisher, also of JLL, arranged acquisition financing on behalf of the buyer.
New ownership will rebrand the hotel as Salamander Washington D.C., under the management of Salamander Hotels & Resorts.
“Washington, DC continues to be a highly coveted global investment market, ranking fourth behind London, New York and Tokyo in terms of liquidity year-to-date,” Perez-Alvarado stated. “Despite capital markets headwinds, we continue to see strong global demand for extraordinary hotel assets such as the Mandarin Oriental Washington D.C. given favorable industry fundamentals.”
The nine-story superior luxury hotel was built in 2004. It overlooks DC’s southwest waterfront and is positioned within close proximity to DC’s largest demand drivers.
- ◦Sale/Acquisition
