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US hotel deals: Washington Marriott at Metro Center sells for $128 million

MML Hospitality buys Nine Orchard in New York City
The Washington Marriott at Metro Center in Washington, D.C., sold for $128 million. (CoStar)
The Washington Marriott at Metro Center in Washington, D.C., sold for $128 million. (CoStar)
CoStar News
September 9, 2025 | 12:10 P.M.

This roundup features the latest hotel transactions in the U.S. hotel industry.

Hotel nameRoomsLocationPrice, including debtPrice per roomBuyerSellerDate of transactionTakeaway

The Inverness Denver, a Hilton Golf & Spa Resort
302Englewood, Colorado$48.5 million$160,642Columbia Sussex CorporationSilverwest HotelsAug. 28, 2025The property was renovated in 2019. It sold for $70.8 million in November 2015.
Washington Marriott at Metro Center459Washington, D.C.$128 million$278,843T2 HospitalityHost Hotels & ResortsAug. 28, 2025The last recorded sale of the property was in June 1994, for $46.5 million.
Best Western Plus Carpinteria Inn144Carpinteria, California$26.9 million$186,927Excel Hotel GroupWashington Capital ManagementAug. 27, 2025San Diego-based Excel Hotel Group will own and operate the California property that opened in 1985.
SpringHill Suites by Marriott Tampa Westshore Airport149Tampa, Florida$20.8 million$139,262McKibbon HospitalitySchott ManagementAug. 27, 2025This marks McKibbon's fourth and final acquisition for the McKibbon Income Fund I. The $42 million fund was fully deployed in less than two years from its initial close.
Hilton Houston NASA Clear Lake242Houston$27 million$111,570Ayrshire CorporationAshford Hospitality TrustAug. 22, 2025The property started a renovation in March that is expected to conclude in September 2026.
Hyatt Place Athens Downtown190Athens, Georgia$51.7 million$272,105JWM ManagementSouthern Hospitality Management GroupAug. 20, 2025JWM Management has selected Pyramid Global Hospitality to manage the hotel.
Nine Orchard113New York City$92 million$814,159MML HospitalityDLJ Real Estate Capital PartnersAug. 20, 2025The seller originally bought the asset in 2011 for $36 million, later converting it into use from office space.
Crowne Plaza Knoxville Downtown University195Knoxville, Tennessee$31.9 million$163,590The 9 GroupBig Rock EquitiesAug. 1, 2025Located in the heart of downtown Knoxville, the property offers 15,000 square feet of meeting space, an indoor pool, fitness center and a business center.

Click here to read more hotel news on CoStar News Hotels.

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