HFF closes sale of four-property Texas Aloft hotel portfolio

Holliday Fenoglio Fowler, L.P. has closed the sale of a four-property Aloft-branded hotel portfolio with 549 rooms in the Dallas-Fort Worth and San Antonio, Texas, areas.  
 
HFF marketed the property on behalf of the seller.   
 
The Aloft hotels in the portfolio include the 136-key Aloft Frisco, 3202 Parkwood Boulevard in Frisco; the 136-key Aloft Plano, 6853 North Dallas Parkway in Plano; the 136-key Aloft Las Colinas, 122 East John Carpenter Freeway in Irving; and the 141-key Aloft San Antonio, 838 NW Loop 410 in San Antonio. All of the select-service Aloft hotels opened between October 2008 and March 2009.  
 
The HFF investment sales team representing the seller was led by senior managing director and head of HFF’s hotel group Dan Peek, managing director John Bourret and senior real estate analyst Austin Brooks.
 
During the first quarter of 2015, HFF’s Hotel Group closed more than $1.3 billion in hotel transactions across all capital markets involving 30 hotels and resorts.