WASHINGTON, D.C. Barclays Capital has foreclosed on the 182-key St. Regis Washington, D.C., taking the property from Dublin-based owner Claret Capital and planning to auction the company and its assets this Friday.
Barclays foreclosed on Claret last month and plans to sell it through Harvey West Auctioneers, The Washington Post reports.
Claret acquired The St. Regis for US$170 million in 2007. It was Claret’s only U.S. property.