Photo of Paul S. Thaler

Paul S. Thaler is the Managing Partner of the Washington, D.C. office of Cohen Seglias Pallas Greenhall & Furman PC. He is Chair of the Firm's Scientific Misconduct Group, and Co-Chair of the Internal Investigations Group. He is also a member of the Firm's Alternative Dispute Resolution and Commercial Litigation Groups. Paul has successfully defended and prosecuted a wide variety of claims, including breach of commercial contracts, scientific misconduct, theft of trade secrets, copyright infringement, unlawful discrimination, wrongful termination and workplace violence.

The developers of the Wharf, an ongoing waterfront development at 1100 Maine Avenue SW in Washington, D.C., recently announced that they have secured $113 million of debt financing for the project. PN Hoffman and Madison Marquette, the project’s developers, will use the financing to pay for the construction of two new hotels, the 175-room Canopy by Hilton and the 237-key Hyatt House hotel, scheduled to open later next year. SunTrust Bank and M&T Bank will provide the financing.

The announcement is the latest step in an ambitious plan to transform approximately 25 acres along a mile of waterfront of the nation’s capital into a desirable, livable destination complete with hotels, condos, rental housing, retail, and restaurants.

Continue Reading $113M in Construction Financing Approved for One of Washington D.C.’s Most Ambitious Projects – the “Wharf”