News: Retail
Posted: April 22, 2016
Holliday Fenoglio Fowler, L.P. closes sale and arranges financing for 180-room hotel
Four Points by Sheraton Boston Logan Airport - Revere, MARevere, MA Holliday Fenoglio Fowler, L.P. (HFF) has closed the sale and arranged financing for the 180-room Four Points by Sheraton Boston Logan Airport.
HFF marketed the property on behalf of the seller, Logan Hospitality Associates, LLC, a division of KW Development, LLC. Fingerprint Hospitality, LLC was an advisor to and an investor in the buyer. Driftwood Hospitality will manage the asset. Additionally, HFF worked on behalf of the buyer to secure a three-year, floating-rate acquisition loan through TIAA Direct, a division of TIAA-CREF Trust Company, FSB.
The HFF investment sales team representing the seller was led by managing director Denny Meikleham and director Alan Suzuki.
HFF’s debt placement team was led by director Lauren O’Neil.
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