Hotel Management Network on MSN
Capitol Hill Hotel sells for $60m
The sale values the all-suite Capitol Hill Hotel at about $392,000 per key (153 rooms) and follows TPG’s 2021 purchase for $37.7 million, records show.
The closest hotel to the U.S. Capitol has just sold for $60 million. Its new owner hopes to leverage the property's proximity ...
The deal is a solid payday for seller TPG Real Estate Partners, which purchased the property in 2021 for $37.7 million.
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