Watergate Hotel sold for $25 million at auction

By: Dan Levy July 22, 2009

The Watergate Hotel in Washington, part of the complex made famous by the political scandal that brought down President Richard Nixon, sold in a foreclosure auction to mortgage holder PB Capital Corp. New York-based PB Capital paid $25 million for the property. Former owner Monument Realty owed the lender $40 million and defaulted on the mortgage. ...

Enter your user name and password in the fields above to gain access to the subscriber content on this site. Need a subscription? Click here.
Your subscription includes one set of login credentials for your exclusive use. Security features have been integrated on this site: If someone signs in with your credentials while you are logged in, the site will automatically close your ongoing login and you will lose access at that time.
If you feel your login credentials are being used by a second party, contact customer service at 877-615-9536 for assistance in changing your password.

Already a paid subscriber but not registered for online access yet? For instructions on how to get premium web access, click here.

Forgot your password?

MLM Counties News. Notices. Need-to-know Information.

Watergate Hotel sold for $25 million at auction

Leave a Reply