The Buccini/Pollin Group Acquires the Renaissance Baltimore Harborplace Hotel
BPG Expands Its Growing Lifestyle Portfolio with the Addition of the Renaissance in Baltimore's Inner Harbor
CHEVY CHASE, Md. - The Buccini/Pollin Group (BPG) today announced the acquisition of the Renaissance Baltimore Harborplace Hotel, further expanding their portfolio of Marriott-affiliated and lifestyle hotels.
"We know and love the Renaissance brand. Renaissance invites business and leisure travelers alike to discover the unexpected. Coupled with the hotel's unparalleled Inner Harbor location, Baltimore Renaissance Harborplace guests will experience the best that Baltimore has to offer," said Dave Pollin, President of The Buccini/Pollin Group. "We are very proud to be expanding our commitment to Baltimore, a city on the rise."
The Buccini/Pollin Group has a longstanding connection to the Baltimore region, opening its first hotel in the area in 1997. Today, the BPG portfolio includes 17 Marriott-affiliated hotels, including the recently renovated and rebranded Renaissance Philadelphia Downtown in Old City.
"We are particularly pleased to utilize this transaction to expand our partnership with The Buccini/Pollin Group. Given our ongoing strong relationship, we view this opportunity as a powerful combination during the current environment we find ourselves in," said Dave Grissen, Group President, Marriott International.
About The Buccini/Pollin Group
The Buccini/Pollin Group, Inc. (Buccini/Pollin) is a privately held, integrated real estate acquisition, development, and management company co-headquartered in Chevy Chase, Maryland and Wilmington, Delaware. For over 25 years, Buccini/Pollin has developed and acquired hotel, office, residential, retail, and parking properties throughout the United States. Buccini/Pollin has a track record of success across assets valued in excess of $5.0 billion, including over 40 hotels, 7 million square feet of office and retail space, 15 major residential communities, and multiple entertainment venues, including Subaru Park, home of the Philadelphia Union Major League Soccer team and the 76ers Fieldhouse, home of the 76ers G-League affiliate the Delaware Blue Coats. Buccini/Pollin has direct operational experience in multiple markets with a focus on adaptive re-use and mixed-use development, most recently, the 28-acre Lower Hill redevelopment in Pittsburgh, Pennsylvania. The principals of Buccini/Pollin, along with PM Hotel Group (hotel operating company), BPG | 360 (office management and leasing), ResideBPG (residential management and leasing), BPGS Construction, LLC, and BPG | Sports oversee all aspects of project acquisition, finance, development, construction, leasing, operations, and disposition for its portfolio properties. The Buccini/Pollin Group has over 3,500 employees in 18 states. For more information, please visit www.bpgroup.net.