Watergate Hotel could be auctioned off next week
The Watergate Hotel made famous by a presidential scandal is expected to be on the auction block next week.
Alex Cooper Auctioneers is announcing that it will take bids Tuesday on the Washington landmark.
A 30-day foreclosure notice expires Thursday. It was sent to hotel owner Monument Realty last month after the company defaulted on its loan and lists an outstanding $40 million balance.
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Alex Cooper Auctioneers is announcing that it will take bids Tuesday on the Washington landmark.
A 30-day foreclosure notice expires Thursday. It was sent to hotel owner Monument Realty last month after the company defaulted on its loan and lists an outstanding $40 million balance.