Hotel Realtor reported that Madison Realty Capital and Newbond Holdings provided financing for the 326-key Hotel Washington in Washington, D.C., with the loan made to a joint venture between Schulte Hospitality Group and an institutional investment partner. The historic property, originally built in 1917 and renovated in 2018-2019, sits near the White House and U.S. Treasury and operates as one of the city’s limited supply of independent luxury hotels. The transaction is supported by a strong forward calendar, with Washington, D.C. convention bookings forecast to reach their highest level since 2017, driven by the return of the IMF and World Bank annual meetings, the 2027 NFL Draft, and upcoming elections.

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