Ares Management, CV Properties Secure $140 Million Financing for Aloft & Element Hotels

by | Oct 31, 2017 | Commercial Real Estate News

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Ares Management, CV Properties Secure $140 Million Financing for Aloft & Element Hotels

Ares Management and CV Properties secured $140 million in financing for the Aloft Hotel and Element Hotels located directly across the street from the Boston Convention and Exhibition Center (BCEC) in Boston’s Seaport District.

The dual-branded hotel opened along D St. in early 2016 to meet the increased demand for high-end luxury hotel space generated by the BCEC and burgeoning Seaport District. The Aloft is a 13-story hotel with 330 guestrooms…

Article From: "Key Realty Commercial Real Estate News"   Read full article