Waldorf Astoria Washington DC Update 05/14/24

D.C.'s Waldorf Astoria Set for Foreclosure Auction

Alex Cooper Auctioneers has scheduled a foreclosure sale of the Waldorf Astoria Washington DC for June 20th after lender, MSD Partners, filed documents to set the foreclosure process in motion. The property is currently owned by Miami-based CGI Merchant Group with MSD citing a balance on the loan of $252.7M. CGI Merchant Group purchased the lease rights to the former Trump International Hotel for $375M in 2022. The hotel, located in the restored iconic Old Post Office building dating back to the 1890s, features 263 rooms with 38,000 square feet of event space.

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