Alternative Investments Portfolio - Texas

Aloft and Element Hotel at Love Field Airport

Aloft & Element Hotel Love field Airport

Location

Dallas, Texas


Overview

Civitas M&M Mezzanine Fund, LP, made a $11.5 million mezzanine loan to partially finance a dual-branded Aloft / Element hotel located at entrance to rapidly expanding Dallas Love Field airport, headquarters of Southwest Airlines, with 224 rooms and suites and 6,500 square feet of meeting space. The combination of two strong Starwood brands provides an excellent option for both transient and extended-stay guests in one of the fastest-growing U.S. markets.

Location