Jamestown Properties buys Madison Hotel, plans major makeover

01/31/2011 | Washington Post, The

Jamestown Properties, a real estate investment firm based in Atlanta, has bought the historic Madison Hotel in Washington, D.C., and its adjoining office building for $123 million. Jamestown is planning a multimillion-dollar renovation of the luxury hotel. "In the last 15 years, it has become a commodity hotel and not the best-in-class property it was the first 30 years, when Marshall Coyne ran it," said Michael Phillips, a managing director at Jamestown.

View Full Article in:

Washington Post, The

Published in Brief:

SmartBrief Job Listings for Media

Job Title Company Location
Director, Operational Enablement and Excellence
Pandora Media, Inc.
Okaland, CA
Sales Director - ROBLOX (New York)
Programmatic Manager
A+E Networks
New York, NY
Assistant Professor or Instructor of Advertising
Loyola University Chicago
Chicago, IL
National Sales Manager/Midwest
American City Business Journals/The Business Journals