Construction Work to Begin on New $93M Hotel in D.C.

A 247-room Holiday Inn Express hotel will break ground in Washington, D.C.'s Mount Vernon Triangle neighborhood. Birchington LLC, owned by Habte Sequar, closed on a construction loan from Atlanta-based Stonehill Strategic Capital to commence construction on the $93 million project. Projected to open in the fourth quarter of 2020, the 14-story hotel will be located at 317 K St., NW on the northeast corner of 4th and K....

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