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Bernstein Buys Multifamily in NW DC for $22.5M

Hyatt Sells 85-Unit Bldg.
By Covell Fitzgerald
June 16, 2010 | 1:58 P.M.

Washington, DC-based Bernstein Management Corp. purchased the former Residences at Park Hyatt from Hyatt Hotels Corp. for $22.5 million, or approximately $264,706 per unit. The property will now be known as the Westend Residences and was 25 percent vacant at the time of sale.

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News | Bernstein Buys Multifamily in NW DC for $22.5M