Residence Inn by MarriottHerndon Reston

HERNDON, VA – The Pinkard Group and Stonebridge Companies haveacquired the Residence Inn by Marriott Herndon Reston, in a 50-50joint-venture transaction.  The partners purchased the168-suite, extended stay hotel for $17.25 million, in an off-markettransaction.

The Herndon, Virginia hotel was acquired from LNR Partners LLC,who acted as an attorney in fact on behalf of MSCI 2007-TOP27 EldenStreet LLC.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.