Hodges Ward Elliott Represents Hersha Hospitality Trust in Sale of Two Washington, D.C. Market Hotels

January XX, 2017 – Hodges Ward Elliott (“HWE”), the world’s leading independent hotel brokerage and investment-banking firm, with offices in New York, Atlanta, Los Angeles and London, represented Hersha Hospitality Trust (HT), a real estate investment trust specializing in the hospitality sector, in its recently closed sale of two suburban Washington D.C. market hotels for $62.0 million.

The two hotels include the 203-room Courtyard by Marriott in Alexandria, VA, and the 120-room Residence Inn in Greenbelt, MD. President Mark Elliott, Managing Director Pete Dannemiller, and Senior Vice president Clint Hodges advised on the transaction and brokered the deal on behalf of the seller.