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Aloft Wins Capital Markets Confidence

RALEIGH, NC— The Aloft brand is making a name for itself in the hotel industry—and the capital markets are taking notice. Get details on the construction loan.

By Jennifer LeClaire | Updated on June 12, 2014

RALEIGH, NC—The Aloft brand is making a name for itself in the hotel industry—and the capital markets are taking notice. Developers secured a $16.6 million construction loan to develop the 135-room Aloft Raleigh in Raleigh, NC.

HFF represented the developers, a partnership between The Bernstein Companies, TME Investments, and Michael Sandman. HFF managing director Mark Remington led the charge to place the five-year construction loan with First Tennessee Bank.

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