SAK Developers has paid $47 million, or $305,194/room, for The Hampton Inn & Suites National Harbor/Alexandria Area hotel in the Washington, D.C., suburb of Oxon Hill, Md. The Ashburn, Va., developer acquired the property from Blackstone Group’s BRE Hotels & Resorts unit, which had purchased it in 2014 for $25.4 million. JLL’s Hotel & Hospitality […]
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