February 16, 2016 The Hay-Adams – 800 16th St NW Washington, DC
Recent Loan:$75M by German American Capital
Origination Date: 6/1/2006
Current Lender:CD 2006-CD3 Mortgage Trust
Property Type: Hospitality
Total Building Area: 106,827 sq. ft.
Taxes (2015): $1,063,117
Did you know?With one of the best vantage points of the White House in DC, the Hay-Adams’ slogan is “Where nothing is overlooked but the White House”. The property belongs to the Leading Hotels of the World consortium, hosting various international leaders, including Barack Obama and his family for the two weeks prior to his inauguration.
Off the Record, the bar at the Hay-Adams, has been ranked one of “The Best Hotel Bars in the World” by Forbes. The property is also said to be haunted by the presidential descendant-in-law Marian Hooper Adams, but we haven’t factored this into CrediFi’s property scoring algorithm.