Hotel Advisory Group of Donohoe/Corfac Int’l Arranges Sale of the Morrison House in Historic Old Town Alexandria

Donohoe/Corfac International, one of the leading, independent commercial real estate service providers in the Mid-Atlantic successfully represented seller OTAP, INC. in the sale of the Morrison House Hotel located in Old Town Alexandria, Va. The hotel was purchased by CLPF-Morrison House Venture, L.P. for $14.4 million.

Bill Moyer, Director of Hotel Advisory Group - Donohoe/Corfac International, announced the sale of the Morrison House Hotel, an elegant four star, four diamond, 45 room boutique hotel located in historic Old Town Alexandria, just minutes from Ronald Regan National Airport and eight miles from the White House and other landmarks of Washington D.C. The property will be professionally managed by The Kimpton Hotel & Restaurant Group, Inc. and continue to operate as an independent hotel.

“We are very pleased to announce the sale of this hotel on behalf of this buyer and seller. This was clearly a win-win situation for all parties, the seller was able to achieve their objectives and the buyer was able to purchase a superior quality first class hotel in the highly desirable Historic Old Town Alexandria Market.” Stated Bill Moyer, Director of Hotel Advisory Group - Donohoe/ Corfac International.

Founded in 1884, The Donohoe Companies has the distinction of being the oldest full service real estate organization in the Washington DC region. It is also one of the largest – and ranked in the top private companies in the metropolitan area.

For more information contact Bill Moyer, [email protected] or Charlotte Seale, [email protected] of Hotel Advisory Group, Donohoe/Corfac International, at (202) 333-0880. Members of Hotel Brokers International, .