BETHESDA, Md., Dec. 3, 2018 /PRNewswire/ -- Hodges Ward Elliott ("HWE"), the world's leading independent hotel brokerage and investment-banking firm, with offices in New York, Atlanta, Los Angeles and London, represented the former owner in the sale of the Bethesda Marriott. HWE's capital markets group also represented the purchaser in securing the acquisition financing for the transaction.
The recently renovated hotel includes 407 guest rooms, 19,470 square feet of meeting space, Cooper's Mill Restaurant and Bar, a state-of-the-art fitness center and an outdoor pool. Following the sale, the hotel will continue to be managed by Marriott International.
HWE is the leading hotel brokerage and investment-banking firm in the country providing total capital solutions, including hotel sales, recapitalizations and debt placement for our clients. Over the past 5 years, HWE has sold or financed more than $23.8 billion of hotels and resorts across the U.S. including more than $5 billion in 2017 and $3.6 billion in 2018.
Contact: Great Ink - 212-741-2977
Tom Nolan ([email protected])
SOURCE Hodges Ward Elliott