{"id":1004187337,"date":"2017-08-18T00:48:37","date_gmt":"2017-08-18T08:48:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004187337"},"modified":"2022-12-08T00:12:06","modified_gmt":"2022-12-08T08:12:06","slug":"excel-group-snags-noma-hyatt-place","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/excel-group-snags-noma-hyatt-place\/","title":{"rendered":"Excel Snags 200 Keys in DC"},"content":{"rendered":"

By IvyLee Rosario<\/p>\n

\"Hyatt<\/a>

Hyatt Place Washington, D.C.\/US Capitol<\/p><\/div>\n

Excel Group acquired the Hyatt Place Washington, D.C.\/US Capitol hotel. The newly-constructed asset opened in June of 2014 and sits in the center of D.C.’s NoMa neighborhood, a 35-block district of Northeast Washington.\u00a0This location will be Excel’s closest property to its headquarters.\u00a0<\/p>\n

Located at 33 New York Ave. NE, the 14-story, 200-key hotel features a number of amenities, including free Wi-Fi, a business center, 24-hour StayFit gym, an outdoor rooftop pool, the a.m. Kitchen Skillet breakfast bar, 24-hour Gallery Menu and Market, Coffee to Cocktails Bar and more than 1,600 square feet of event space.\u00a0<\/p>\n

Burgeoning NoMa\u00a0<\/h2>\n

NoMa is quickly\u00a0transforming and will add\u00a0an additional 20 million square feet of office, residential, hospitality and retail development in the\u00a0coming years. Referred to as the city’s “most connected” area, NoMa offers access to Amtrak, Virginia Railway Express (VRE), MARC, two\u00a0Red Line Metro<\/span>\u00a0stops, seven Capital Bikeshare locations and Interstate 395 access.<\/p>\n

“It’s an exciting time to be in NoMa, and we’re thrilled to announce this acquisition,”<\/em>\u00a0said\u00a0Shoham Amin, managing partner at Excel Group, in prepared remarks<\/span>. “As an early stakeholder in this up-and-coming area of\u00a0Washington<\/span>, we’re very confident in the local market’s outlook, and look forward to the continued commercial and residential growth coming to the neighborhood.”<\/em><\/p>\n

In June, Natixis arranged a $39 million floating-rate first mortgage loan in order for Excel Group to purchase the hotel<\/a>.\u00a0<\/p>\n

Image courtesy of\u00a0Hyatt Place Washington, D.C.\/US Capitol\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Hyatt Place Washington DC\/US Capitol opened three years ago in the city\u2019s burgeoning NoMa neighborhood. <\/p>\n","protected":false},"author":746,"featured_media":1004187346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21751,21783,11,21742,1615],"tags":[36184,34421,34029],"class_list":["post-1004187337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-hotel","category-investment","category-midatlantic","category-latest","category-washington-dc","tag-excel-group","tag-hyatt-place","tag-natixis"],"acf":[],"yoast_head":"\nExcel Snags 200 Keys in DC - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/excel-group-snags-noma-hyatt-place\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Excel Snags 200 Keys in DC\" \/>\n<meta property=\"og:description\" content=\"The Hyatt Place Washington DC\/US Capitol opened three years ago in the city\u2019s burgeoning NoMa neighborhood.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/excel-group-snags-noma-hyatt-place\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-18T08:48:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T08:12:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/08\/Hyatt-Place-Washington-D.C.-US-Capitol.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/excel-group-snags-noma-hyatt-place\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/excel-group-snags-noma-hyatt-place\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Excel Snags 200 Keys in DC\",\"datePublished\":\"2017-08-18T08:48:37+00:00\",\"dateModified\":\"2022-12-08T08:12:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/excel-group-snags-noma-hyatt-place\\\/\"},\"wordCount\":268,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/excel-group-snags-noma-hyatt-place\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/08\\\/Hyatt-Place-Washington-D.C.-US-Capitol.png\",\"keywords\":[\"Excel Group\",\"Hyatt Place\",\"Natixis\"],\"articleSection\":[\"Deals\",\"Hotel\",\"Investment\",\"Mid-Atlantic\",\"News\",\"Washington D.C.\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/excel-group-snags-noma-hyatt-place\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/excel-group-snags-noma-hyatt-place\\\/\",\"name\":\"Excel Snags 200 Keys in DC - 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