ATLANTA, GA-– Hodges Ward Elliott, Inc. (HWE) announced it acted as the seller’s exclusive financial advisor and arranged the $95 million sale of the Sofitel Washington, D.C. Lafayette Square (top right photo) to LaSalle Hotel Properties.
The sale price equates to approximately $400,000 per room.
Hodges Ward Elliott is the nation's leading hotel brokerage and hotel investment banking firm. Since 1990, HWE has sold or financed more hotels than any other brokerage company in the world. HWE has been ranked the #1 hotel broker in the United States for each of the last three years by independent organizations.
Contact: Timothy K. Southard,CFA, 404-231-6880 direct, 404-964-8450 cell,tsouthard@hwehotels.com
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