Hodges Ward Elliott Arranges Sale of the AC Hotel Seattle Bellevue/Downtown in Bellevue, Washington

HWE Represented WPPI Bellevue AC, LLC on the Sale of the AC Hotel Seattle Bellevue/Downtown

News provided by

Mar 20, 2018, 02:36 ET

BELLEVUE, Wash., March 20, 2018 /PRNewswire/ -- Hodges Ward Elliott ("HWE"), the world's leading independent hotel brokerage and investment-banking firm, with offices in New York, Atlanta, Los Angeles and London, is announcing they represented WPPI Bellevue AC, LLC in the recent $87,000,000 sale of the AC Hotel Seattle Bellevue/Downtown ("AC") to lshin Aju Hotel Bellevue LLC.

Hodges Ward Elliott President Mark Elliott and Senior Vice President John Sonnier represented the seller in the transaction with the assistance of Michael DiPrima and Rick Rush in the Los Angeles office.

WPPI Bellevue AC, LLC developed the AC Seattle Bellevue/Downtown, which opened August 2017.

The AC Bellevue is located at 208 106th Place NE in downtown Bellevue, Washington. The seven-story property contains 234 rooms, two levels of underground parking, 1,487 square feet of meeting space, the AC Lounge, the AC Kitchen, the AC Store, the AC Library and a fitness center.

About Hodges Ward Elliott:
Hodges Ward Elliott, founded in 1975, is the leading hotel brokerage and investment-banking firm in the country providing total capital solutions, including hotel sales, recapitalizations and debt placement for our clients. Over the past 5 years, HWE has sold or financed more than $20 billion of hotels and resorts across the U.S. including more than $4.2 billion in 2017.

Contact:
Great Ink - 212-741-2977
Tom Nolan ([email protected])

SOURCE Hodges Ward Elliott