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Kuwaiti Company Breaks Into Seattle With $100 Million-Plus Hotel Deal

Investors Keen on Seattle Hospitality Sector Despite Oversupply of Hotel Properties
The Residence Inn Seattle Downtown/Convention Center opened in late 2017 and is distinct in that all the rooms are suites with fully equipped kitchens, intended for stays of five days or more. (Dimah Capital)
The Residence Inn Seattle Downtown/Convention Center opened in late 2017 and is distinct in that all the rooms are suites with fully equipped kitchens, intended for stays of five days or more. (Dimah Capital)
By Clare Kennedy
CoStar News
February 20, 2020 | 10:22 P.M.

Denver-based Stonebridge Companies has struck a $118 million deal with Dimah Capital Investment Co. for the 302-room Marriott Residence Inn in downtown Seattle.

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