LeMeridien Hotel (Philadelphia, PA)


WHP made a preferred equity investment in the conversion of a historic downtown building into a 192 room Le Meridien Hotel (Starwood) in Philadelphia, Pennsylvania. The 1912 10-story Georgian revival style building is located on the north side of Arch Street, just west of Broad Street and within a block of the under-way expansion of the Pennsylvania Convention Center. HEI, a publicly traded hotel REIT, entered into a pre-sale arrangement prior to the construction commencement.

www.starwoodhotels.com

<< Back to Property Listings