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The $215M price is a 66% discount of the appraised value in 2020.
You may find yourself having to change over the software you depend on.
It features 893,000 square feet of space.
The 234-room hotel comes with 25 suites.
The property spans more than 515,000 gross square feet.
Some support is coming from existing investor Mirasol Capital
Also buyers seem to be gearing up for more transactions.
Some subordinated debt and mezzanine lenders have sold off positions, reportedly taking at least a 50% haircut.
At the halfway point of the year, Cleveland, Cincinnati, Columbus and Chicago have all seen rent growth well ahead of the national average.
Washington, D.C., topped the list based on walkability, parks and recreational areas, and a low rate of accidents involving pedestrians.