SAK DEVELOPERS ACQUIRES STAYBRIDGE SUITES IN TYSONS-MCLEAN, VA

SAK DEVELOPERS RECENTLY acquired Staybridge Suites Tysons-McLean in Tysons-McLean, Virginia for an undisclosed amount. SAK is led by founding partners
Waheed Ashiq, Vipul Kapila, and Khurram Sindhu.

Hunter Hotel Advisors facilitated the sale of the 142-key, 5-story property. The hotel in downtown McLean is near Tysons Corner with numerous corporate demand
generators and major government agencies, Hunter said in a statement.

David Perrin, senior vice president of Hunter, represented the institutional seller.