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Waterton Acquires Loews Madison for First D.C. Hotel Investment

Chicago Firm Partners with Walton Street Capital in Acquisition, Will Rebrand Hotel Under Hilton's The Madison Banner
By Phil Graham
October 3, 2017 | 8:37 P.M.

Waterton closed on its first ever hotel investment in Washington, D.C. and the firm's first hospitality acquisition this year with the purchase of the 356-room Loews Madison in the city's East End from New York City-based Loews Corp. (NYSE: L).

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