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US hotel deals: Capitol Hill Hotel sells for $60 million

BRE Hotels & Resorts buys EAST Miami
Friedman Capital acquired the 153-room Capitol Hill Hotel in Washington, D.C., for $60 million. (CoStar)
Friedman Capital acquired the 153-room Capitol Hill Hotel in Washington, D.C., for $60 million. (CoStar)
CoStar News
October 21, 2025 | 12:29 P.M.

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

Hotel nameRoomsLocationPrice, including debtPrice per roomBuyerSellerDate of transactionTakeaway
Capitol Hill Hotel153Washington, D.C.$60 million$392,157Friedman CapitalTPG GlobalOct. 16, 2025Friedman Capital is considering completing improvements to the hotel's common areas and potentially creatin g a social club in the hotel to cater to individuals doing business in or around the Capitol.
The New York Edition271New York City$250 million$922,509Kam Sang Co.Abu Dhabi Investment AuthorityOct. 14, 2025Reports from last year indicate that the hotel was being marketed for $271 million by Eastdil Secured.
Residence Inn by Marriott Berkeley331Berkeley, California$175.8 million$531,118The Regents of the University of CaliforniaPyramid Global HospitalityOct. 13, 2025Bay Area News Group reports that the hotel was appraised at $218 million back in 2023 when it received a $120 million financing package.
The Dominick390New York City$175 million$448,718Cain InternationalCIM GroupOct. 10, 2025Cain International plans to redevelop and rebrand the property as Delano SoHo New York luxury condo hotel.
Motto by Hilton New York Chelsea374New York City$222.16 million$594,012TSN 46th LLCMagna HospitalitySept. 30, 2025The property, which was built in 2021, was sold as part of a two-property, $489.8 million portfolio deal.
Hilton Garden Inn New York Times Square North196New York City$115.56 million$589,567TSN 46th LLCMagna HospitalitySept. 30, 2025The hotel was purchased in September 2021 by Magna for $88.5 million, or $451,531 per key.
DoubleTree by Hilton New York Times Square South320New York City$99.76 million$311,763N/AMagna HospitalitySept. 30, 2025The hotel opened in 2019 and was sold to Magna in June 2021 for $47.4 million.
Fairfield Inn & Suites New York Midtown239New York City$52.3 million$218,821N/AMagna HospitalitySept. 30, 2025Magna purchased the property in December 2020 for $57.4 million.
Hilton Daytona Beach Oceanfront Resort744Daytona Beach, Florida$112 million$150,538Columbia Sussex CorporationStarwood Capital GroupSept. 25, 2025Starwood purchased the property in October 2015 for $92.3 million.
AC Hotel San Diego Downtown Gaslamp Quarter147San Diego$70.75 million$481,293Pyramid Global HospitalityThe Briad GroupSept. 24, 2025This is the first recorded sale of the property since its opening in 2023.
Westin Hilton Head Island Resort & Spa420Hilton Head Island, South Carolina$199.79 million$475,695KSL Capital PartnersSouthwest Value PartnersSept. 22, 2025The property has undergone $47 million in renovations since 2012.
EAST Miami352Miami$300 million$852,273BRE Hotels & ResortsTrinity Investments and CertaresSept. 9, 2025Trinity and Certares bought the property in October 2021 for $174 million from Swire Properties.

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

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News | US hotel deals: Capitol Hill Hotel sells for $60 million