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Hodges Ward Elliott Arranges Sale of Amangani Resort in Jackson, Wyoming

Hodges Ward Elliott Arranges Sale of Amangani Resort in Jackson, Wyoming
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Hodges Ward Elliott Arranges Sale of Amangani in Jackson Hole, WY

/PRNewswire/ Hodges Ward Elliott ("HWE"), the premier boutique real estate capital markets advisor, announced it has brokered the sale of the Amangani. ....

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Hersha Hospitality Trust Sells D.C., Boston Hotels

The Capitol Hill Hotel at 200 C St. SE
Hersha Hospitality Trust is continuing with its strategy of selling hotels as the industry reaches a full year since the coronavirus pandemic disrupted its business.
The REIT sold the 153-room Capitol Hill Hotel in D.C. for $51M and the 112-room Holiday Inn Express in Cambridge, Massachusetts, for $32M, a Hersha spokesperson tells
Bisnow.
Hersha announced Tuesday it sold the hotels for net proceeds of $58M. The Hersha spokesperson said the net proceed figure reflected the combined sale prices minus the outstanding debt on the D.C. hotel.
Hodges Ward Elliott announced Thursday it brokered the sales. The parties didn t disclose the buyer, and the sales haven t been posted in D.C. or Massachusetts property records. ....

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Hodges Ward Elliott Arranges Sale of Capitol Hill Hotel in Washington D.C. and Holiday Inn Express & Suites Boston-Cambridge

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WASHINGTON and BOSTON, March 11, 2021 /PRNewswire/
Hodges Ward Elliott ( HWE ), the premier boutique real estate capital markets advisor, announced the sale of a hospitality portfolio consisting of the Capitol Hill Hotel, a 153-room independent hotel located at 200 C Street SE, immediately adjacent to Capitol Hill, and the Holiday Inn Express & Suites Boston, a 112-room hotel located at 250 Monsignor O Brien Highway, in Cambridge, MA.
An HWE team led by Cyrus Vazifdar, Managing Director, in addition to Jay Morrow, Managing Director, Michael Tormey, Senior Vice President and Alex Yiankes, Analyst, represented the seller, Hersha Hospitality Trust, in the transaction. Additionally, HWE s capital markets team sourced the acquisition financing for the buyer. ....

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