Printer Friendly
The Free Library
14,709,470 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

ING Clarion's four-star purchase.


ALEXANDRIA, VA: ING Clarion has acquired the four-star, 45-room Morrison House Morrison House can refer to any of the following sites listed on the Untied States National Register of Historic Places:
  • Morrison House — Arizona
  • Morrison House — Kentucky
  • Morrison House — Cincinnati, Ohio
 Hotel in Old Town Alexandria, Virginia Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,284. Located along the Western bank of the Potomac River, Alexandria is approximately 6 miles (9.6 kilometers) south of downtown Washington, DC. , for $14.4 million. The acquisition is being made on behalf of a core commingled fund Commingled Fund

A type of mutual fund consisting of assets from several accounts that are blended together. Sometimes called a "pooled fund."

Notes:
They are "commingled" to reduce the costs of managing them separately.
 advised by ING Clarion.

The hotel is just seven miles from downtown Washington, D.C., in close proximity to Ronald Reagan National Airport and the King Street Metro station For the band, see .

A metro station is a railway station for a rapid transit system, often known by names such as "metro", "underground" and "subway". It is often underground or elevated. At crossings of metro lines they are multi-level.
.

The boutique hotel was built in 1985 and ING Clarion plans a $1.9 million renovation project that will preserve the hotel's charm while upgrading the common area and guest rooms, as well as modernizing the elevators.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Morrison House Hotel
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Sep 6, 2006
Words:99
Previous Article:Bed Club Roof Garden, the popular and trendy Chelsea night club that offers views of the Manhattan skyline and the Hudson River, was the setting for...
Next Article:Onyx roars into PA.(NATIONAL)
Topics:



Related Articles
Paramount sells share of 900 Third Ave.(Brief Article)
High-rise sold for $146m.(ING Clarion Partners sold Museum Towers at North Point)
Report: stronger economy trumps rate concerns.
Building proves irresistible to ING.(ING Clarion Partners purchases property from Investcorp and Lincoln Equities)(Brief Article)
ING makes $47m purchase.(Shorebird Way, ING Clarion Capital)(Brief Article)
ING raises $205m for development ventures.(ING Clarion)(Brief Article)
ING's sound investment.(ING Clarion Partners)(Brief Article)
ING Clarion places bet on Glendale with building buy.
ING's $90m solash in medical office market.(NATIONAL ROUND-UP)
BOMA International Medical Office Building Seminar countdown.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles