An investment firm has acquired a hotel outside Washington, D.C., with plans to turn it into an apartment complex, marking the latest commercial building in Northern Virginia to be tapped for conversion.
GoodHomes Communities buys Northern Virginia hotel for residential conversion
NewPoint originated nearly $35 million for acquisition, transformation
CoStar News
July 14, 2026 | 9:11 P.M.
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IN THIS ARTICLE
- Properties
- Clarion Collection Hotel Arlington Court
1200 Courthouse Rd, Arlington, VA
- Park Arlington at Courthouse
1200 Courthouse Rd, Arlington, VA
- Companies
- NewPoint Real Estate Capital
Real Estate
- Sunburst Hospitality Corporation
Accommodation and Food Services
- Contacts
- Scott Stephens
Senior Principal, COO, HREC Investment Advisors
- Rawles Wilcox
Principal, KLNB
- Dutch Seitz
Vice President, KLNB
- Justin Shay
Senior Vice President, KLNB
- Mark Morris
Senior Vice President, HREC Investment Advisors