Hodges Ward Elliott arranges sale of non-performing hotel loan in Washington DC market
WASHINGTON, January 5, 2021 / PRNewswire / – Hodges Ward Elliott (“HWE”), the premier boutique advisor in real estate capital markets, has announced the sale of a non-performing loan on behalf of the lender. The rating is guaranteed by the 155-room Hilton Garden Inn hotel in Greenbelt, Maryland, within the Washington DC Marlet.
An HWE team made up of Michael britvan, Managing Director and Head of the HWE Loan Sales Platform, as well as members of the HWE Hotel team Cyrus Vazifdar, Clint hodges and Jeff Berkman, organized the ticket sale, which was marketed on the Ten-X auction platform.
Located at 7810 Walker Dr. in MD of the Greenbelt, the Hilton Garden Inn is a short drive from University of Maryland-College Park and FedEx Field and is also close to the Walter E. Washington Convention Center and the Capital One Arena. Hotel amenities include an indoor swimming pool and a fitness center.
On Hodges Ward Elliott:
Hodges Ward Elliott (“HWE”) is the premier boutique real estate capital markets advisor, empowered to deliver exceptional results across a broad range of industries and product types. HWE’s multidisciplinary platform includes commercial, hotel and debt capital markets teams, with offices in Atlanta, Chicago, Dallas, Los Angeles, new York, Miami, Washington DC, and London. As a privately held company, HWE is dedicated to cultivating long term customer relationships and prides itself on the reputation and track record established over its 45 year history. HWE has closed its doors $ 70 billion transactions, including more than $ 26 billion over the past 5 years. For more information, please visit https://hodgeswardelliott.com/.
Contact: Large ink – 908-392-0333, Tom Nolan ([email protected])
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