Peebles lines up financing for Mount Vernon Triangle hotel

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D.C.’s long-planned SLS Hotel project is inching closer to breaking ground. Developer Peebles Corp. has lined up financing with a large international lender, according to Donahue Peebles III, senior associate of development. He declined to identify the lender until the deal closes this spring. Late last year, the financing was in question for the 175-room hotel and 45 condo units. The delay prompted the D.C. Council to approve an extension to Peebles’ right to buy the D.C.-owned property....

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