Peebles, Donohoe Sell East End Courtyard By Marriott For $83M
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Twenty-five years after buying the historic Riggs National Bank building from Resolution Trust Corp. and turning it into a Courtyard by Marriott, the development team has sold the asset.
Peebles Corp., along with Donohoe Cos. and Penrose Group, has sold the hotel at 900 F St. NW to London-based Global Holdings, an investment firm owned by Israel's Ofer family, the Washington Business Journal reports.