Investments News
Donohoe and Carr Companies Acquire Select-Service Hotel and Residential Development Site in Chevy ChaseDonohoe and Carr Companies Acquire Select-Service Hotel and Residential Development Site in Chevy Chase
A $74MM combined acquisition of 5500 Wisconsin Avenue, a residential development site comprised of 44,688 square feet of ground-floor retail, and 5520 Wisconsin Avenue comprised of the 226-key Courtyard by Marriott Bethesda Chevy Chase in Chevy Chase, Maryland.
Read MoreUPTON PLACE ON WISCONSIN NAMED “BEST FINANCING DEAL” at WASHINGTON BUSINESS JOURNAL BEST REAL ESTATE DEALS AWARDS
In December 2020, Aimco and Donohoe executed two long-term ground leases with the Karla H.K. Harrison Trust and closed on $174MM in construction financing placed by Eastdil Secured with Bank OZK to build the $290MM Upton Place project. Upton Place on Wisconsin earned the top award in the "Best Financing Deal" category.
Read MoreCambria Hotel Washington DC Capitol Riverfront Opens in Southwest DC
The nine-story 155-room upscale Cambria Hotel Washington DC Capitol Riverfront opens within the vibrant Capitol Riverfront and Buzzard Point neighborhoods at 69 Q Street, SW.
Read MoreLandmark Upton Place Development Coming to Northwest Washington, DC
Donohoe partnered with Aimco to develop and build Upton Place on Wisconsin, a LEED Silver mixed-use project at 4000 Wisconsin Avenue in northwest DC.
Read MoreDonohoe annual thanksgiving giving
Donohoe held its annual Thanksgiving Turkey distribution for employees and Nourish Now food drive to support non-profit organizations feeding the local community.
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