The Aloft and Element hotels in Boston’s Seaport District have obtained $140 million in permanent financing from Greenwich, Connecticut-based Starwood Property Trust.

Ares Management and CV Properties LLC developed the 330-room Aloft and 180-room Element across from the Boston Convention and Exhibition Center in 2014.

HFF Managing Director Anthony Cutone and Director Matthew Enright represented the borrower. HFF also arranged the $97 million construction loan in 2014 from RBS Citizens and Santander Bank N.A.

Seaport Hotels Get $140M In Permanent Financing

by Steve Adams time to read: <1 min