A Wilmington, Del.-based developer has raised $6.2 million on the online investing platform CrowdStreet to develop the 235-room Washington Marriott Capitol Hill/NoMa in Washington, D.C.  The Buccini/Pollin Group raised the funds to develop the 13-story hotel, which will be located at the intersection of First and L streets, NE, just north of Union Station and Capitol Hill. Construction is already underway at the hotel, which had $105.1 million total project capitalization.  The hotel’s location in close proximity to Capitol Hill and the Union Station transit hub also makes it a likely beneficiary of government and lobbying activity, as well as travelers who need to access the Washington, D.C., central business district and the Maryland and Virginia suburbs.  The hotel, the latest in The Buccini/Pollin Group’s growing portfolio, is scheduled to open in the last quarter of 2022 and will be managed by PM Hotel Group. It will feature a glass-enclosed, two-story lobby; ballroom; restaurant with indoor and outdoor dining; and Marriott’s signature M club.

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