HFF secures refinancing for Doubletree Hotel Pittsburgh Airport

The Pittsburgh office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has arranged a refinancing for the Doubletree Hotel Pittsburgh Airport in Pittsburgh, Pennsylvania.

Working exclusively on behalf of Millcraft Industries, HFF managing director Mark Popovich placed the loan with Lydian Trust Company.

The Doubletree Hotel Pittsburgh Airport is located at 8402 University Boulevard approximately six miles from the Pittsburgh International Airport and close to downtown. The property has 135 guest rooms and 14,000 square feet of meeting and banquet space. Hotel amenities include a 24-hour complimentary airport shuttle, business center, indoor heated pool, fitness center and Jacksons Restaurant-Rotisserie-Bar.

Millcraft Industries Real Estate Division is a multi-million dollar operation that has participated and directed a variety of real estate ventures including industrial properties, commercial office buildings, golf course communities and residential developments.

HFF (NYSE: HF) operates out of 18 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform including debt placement, investment sales, structured finance, private equity, note sales and note sale advisory services and commercial loan servicing.