Excel Group Acquires Courtyard by Marriott Springfield in Virginia

Excel | June 17, 2019

ARLINGTON, Va., June 17, 2019 -- Arlington, VA-based real estate investment firm Excel Group has announced its recent acquisition of the 191-key Courtyard by Marriott Springfield located in the Springfield, VA. "We are excited to acquire this newly renovated hotel in Springfield, VA – a burgeoning market just 13 miles from downtown Washington DC," remarked managing partner Shoham Amin. "This transaction represented a unique opportunity to acquire a premium-branded select-service hotel in a high-growth DC metro submarket, in close proximity to Fort Belvoir and the new 625,000 SF TSA Headquarters slated to open in 2020." This purchase r...