UIP General Contracting, Inc.
140 Q Street NE | Suite 140B
Washington, DC 20002
202-499-2119
815-301-2948
info@uipgc.com
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About
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Our Projects
1823 Hotel
1823 L St NW
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Project Type:
ReDesign Build & Renovation
Location:
1823 L St NW, Washington, DC 20036
Client:
1823 Hotel
Type Of Service:
General Contracting
Use:
Hotel
Scope:
Acquired property at a significant discount to replacement cost
Successfully renegotiated existing land lease hold interest to close acquisition
Obtained 15 Year Master Lease from leading STR Brand Sonder for entire building
Mitigated risk through in-place income before and during rehabilitation
Conducting a strategic asset repositioning from hotel to multifamily use to deliver in Q3, 2021