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ON THE FORECLOSURE FRONT

WASHINGTON DC 09.14.2017

7TH ANNUAL FUTURE OF PRINCE GEORGE'S COUNTY

Exclusive Bisnow Cocktail Hour to Follow Panels!

Jane Cafritz -- Calvin Cafritz Enterprises
Steve Schwat -- Urban Investment Partners (UIP)
Nina Albert -- Washington Metropolitan Area Transit Authority (WMATA)
ON THE FORECLOSURE FRONT
ON THE FORECLOSURE FRONT

A perusal of the most-recent foreclosure ads in The Daily Report reveals not only high profile commercial properties. Even the limited-service hotel market is being hit. We snapped this yesterday of 1200 Virginia Ave, about a mile from Hartsfield-Jackson  airport. The hotel is scheduled for auction May 4 at the Fulton County Courthouse unless an agreement can be reached for payment of a $10.5M  loan. Though it looks like a Red Roof Inn to us, hotel staff says it's been reflagged Atlanta Airport Inn.