crane anchor windmill hotel-brand-stars hotel-investments-money irr-bar-chart keys-assets-managed keys location-pin star
whats-new-woodbine-sign

What's New

Woodbine Legacy Investments Acquires Hilton Garden Inn Washington DC Downtown

December 5th, 2018 in

Woodbine Legacy Investments acquired Hilton Garden Inn Washington DC Downtown. This acquisition is the fourth for the hospitality-focused fund, which launched in 2017 and is owned and led by Dallas-based Woodbine Development Corporation.

One of the leading select-service hotels in the District, Hilton Garden Inn includes 300 guest rooms, 2,163 square feet of meeting space, Grist Mill Restaurant and Bar, a fitness center and an indoor pool. All guest rooms were updated in 2018 prior to the acquisition, and Woodbine will begin a renovation on the rest of the hotel in late 2019. Upgrades are planned for the check-in and lobby experience; food and beverage offerings, such as the grab-and-go, lounge and bar/restaurant; as well as the meeting spaces, fitness center and pool.