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https://www.bisnow.com/washington-dc/news/hotel/wardman-park-hotel-owner-files-for-bankruptcy-blames-marriott-for-closing-107325
Wardman Park Hotel Owner Files For Bankruptcy, Plans To Sell Shuttered Property
An affiliate of Pacific Life Insurance Co., which owns the Marriott Wardman Park Hotel, plans to sell the property as part of the Chapter 11 bankruptcy process.
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https://www.bisnow.com/washington-dc/news/capital-markets/900-unit-redevelopment-of-marriott-wardman-park-secures-360m-in-construction-financing-120421
900-Unit Redevelopment Of Wardman Park Hotel Lands $360M Construction Loan
Carmel Partners bought the property at auction for $152M in 2021 and filed plans to demolish the hotel for a multifamily project.
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