Michigan & Irving Project

Washington, DC

Urban Infill Development

  • Restructured the existing ground lease with the District of Columbia to assist in project financing
  • Multiphase projects encompassing – 800,000 sf of development in an underserved hotel market near several universities and hospitals
  • Phase I to include a – 266 key dual-branded Marriott Residence Inn and Marriott Courtyard Hotel with restaurant and meeting space
  • Phase II contains an additional – 600,000 sf, currently in planning
Investment Themes:

Urban infill location – Underserved retail and hotel market