The sale consisted of a 422-room hotel in Atlanta, GA and a 237-room in Washington DC.

JLL represented the seller in the acquisition of the fully-leased, two-building, 923,400-square-foot portfolio, along I-95.

The Embassy Suites by Hilton Washington DC Georgetown recently underwent a full renovation to all rooms and public spaces in 2016.

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The joint-venture partnership purchased the Residence Inn by Marriott Herndon Reston for $17.25 million in an off-market transaction.

The class-A, retail and multifamily property in Maryland was acquired by Foulger-Pratt, from Monument Realty.

The alternative lodging operator is partnering with The Howard Hughes Corporation to open its latest location in the city's new Merriweather District.

The New York-based owner, developer and investor has launched a new office in Washington DC, which will be led by senior managing director, Jeff Neal.