Greenberg Traurig Helps Mast Snag DC Hotel

Law360, New York (November 16, 2011, 7:00 PM EST) -- Private equity firm Mast Capital Inc. added a boutique hotel in Washington to its portfolio and tapped Hersha Hospitality Management to run the property and oversee an upgrade, the buyer announced Wednesday.

Mast, a Florida-based firm focused on real estate investments, closed on the purchase of Hotel Monticello in the Georgetown neighborhood of Washington, marking only the second trade in the hotel’s 35-year history, according to the statement. The terms of the transaction remain confidential.

“The Hotel Monticello is a very exciting investment for Mast Capital,”...
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