CoStar News Staff

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Douglas Development has sold two of its Washington, D.C., hotels, including the swanky Moxy hotel it developed from the ground up in 2018.</p></div></div>

United States

Hospitality

Firm Also Sells Revamped Courtyard by Marriott Washington Near Dupont Circle to Dauntless Capital Partners

Douglas Development Sells Hip Moxy Hotel in DC Portfolio Deal

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Douglas Development Sells Hip Moxy Hotel in DC Portfolio Deal

Firm Also Sells Revamped Courtyard by Marriott Washington Near Dupont Circle to Dauntless Capital Partners

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