2424 Pennsylvania Avenue, NW Washington, DC 20037 Phone: 202-331-5000 Toll Free: 1-888-766-6732 Fax: 202-331-9300 www.2424Penn.com

After converting this property to a long-term residential hotel in 1996, PHS has seen substantial increases in both occupancy and unit rental fees. This strong performance comes as no surprise given that 2424 Pennsylvania Ave. is neighbor to the home of our President.

World Bank visitors State Department staff and other international professionals appreciate the prime downtown location close to the cultural and political action of the Nation's Capitol.