Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The new six-story 187-room Courtyard by Marriott Dulles Herndon is located five miles from Washington Dulles International Airport in the technology corridor dubbed “the Silicon Valley of the East.”
"With new capital made available through this financing and positive momentum in the Midtown market, we feel the property is well positioned for continued success," says Square Mile Capital's Eric Cohen.
All of the student housing buildings are expected to begin operations by the fall of 2020, with the exception of the Octave at the University of Illinois Urbana-Champaign project, which is scheduled for a fall 2019 occupancy.
The ad campaign began this week and features DC residents and community leaders calling on the City Council to crack down on commercial hosts buying up homes to rent short-term on Airbnb and thus depleting the district's affordable housing stock.