Bradford Allen purchases Phoenix-area Aloft

Real estate firm Bradford Allen's investment arm has acquired the 100-room Aloft Glendale (Ariz.) at Westgate from HCW Hospitality & Development. Other terms were not disclosed. The hotel is the firm’s second acquisition in the Westgate Entertainment District, joining nearby TownePlace Suites Glendale, an extended-stay hotel purchased in late 2022.

“With the Phoenix metro continuing its growth trajectory and Glendale – which has hosted multiple Super Bowls and is the site of the NCAA Final Four in April—as an epicenter of commercial activity, this acquisition further bolsters the firm’s strategy to acquire high-quality hotels in experience-driven markets,” Bradford Allen Director Aghfar Arun said in a statement. “The Aloft presents a unique opportunity to build on the success we’ve achieved at TownePlace Suites Glendale, complementing the extended-stay offering there with a distinctive select-service product and robust amenities package while leveraging Marriott’s industry-leading booking platform.”

Bill Murney of Cushman & Wakefield represented the seller, HCW Hospitality & Development, in the transaction.

Aloft Glendale’s on-site amenities include an outdoor splash pool, a fitness center, gift shop, convenience store, meeting spaces, social lounge and the W XYZ bar. The hotel is close to retail, restaurant and entertainment offerings, including State Farm Stadium, Desert Diamond Arena and Camelback Ranch.

Since launching its hospitality platform in 2022, Bradford Allen has acquired six hotels totaling 800 keys. In addition to Glendale, the firm currently owns hospitality assets in Riverside, N.Y., on Long Island and close to the Hamptons; Rosemont, Ill., in the O’Hare submarket outside Chicago; and Iowa City, Iowa, near the University of Iowa campus. The firm plans to "significantly" grow its portfolio this year.