Placemakr

We love it here!

[Hotel Business @hotelbusiness]

WhyHotel, a tech-enabled hospitality platform and operator, has been rebranded as Placemakr #HotelBusiness

#WhyHotel #Placemakr #hotels #tech #technology #hotelnews #hospitality #hospitalitynews #lodging #hoteloperators #hotelowners https://t.co/CtONfPhoyG

[Nightingale Associates @FCNightingale]

1/2 Stalled Conversion

1735 K St. NW Washington D.C.

Owner abandons conversion plan and sells for $12.5 million, down 24% from its purchase price of $16.5 million in 2021.

BMC acquired the 1960s-era property along with Urban Atlantic and Placemakr in late 2022 for $15.5M, with plans to transform it into 106 apartments and short-term-stay residences.

But it was never able to make the project pencil.

The buyer is a limited liability company tied to Hung Dinh Tran and Katie Diem Dang, members of the Bethesda-based Tran Group.

Newmark’s Jud Ryan told Bisnow that the expectation is for the Tran Group to undertake an office-to-residential conversion, which could be similar to the prior partners’ plans.

#commercialrealestate
https://t.co/NybCeeHPhD

[Skift @skift]

"We're all about how do you make real estate more valuable," Jason Fudin, CEO of Placemakr #skiftlive

[Placemakr @_Placemakr_]

https://t.co/u2O7VVZf8c

Where the best latte in town is just a few steps away.

#placemakr

[Placemakr @_Placemakr_]

https://t.co/u2O7VVZf8c

Where the advantages of a hotel are combined with the comforts of home.

#placemakr

[Placemakr @_Placemakr_]

https://t.co/u2O7VVZf8c

It's the best of both worlds. And you can enjoy as little or as long as you like.

#placemakr

[Placemakr @placemakr]

Great to see books like this being published. There so many stories to share. https://t.co/xU452MrjI5

[Placemakr @placemakr]

Do you remember when you joined X? I do! #MyXAnniversary

[Placemakr @placemakr]

Do you remember when you joined X? I do! #MyXAnniversary