LOWE ENTERPRISES INVESTORS ACQUIRES ALOFT CHARLOTTE UPTOWN

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CHARLOTTE, N.C. — Lowe Enterprises Investors (LEI) has acquired the Aloft Charlotte Uptown @ the EpiCentre, a 175-room hotel located at 210 E. Trade St. in Charlotte’s Uptown district. LEI has tapped its affiliate Destination Management to manage the hotel, which will continue to operate under the Aloft brand. The hotel is within walking distance of Bank of America’s global headquarters, Bank of America Stadium, the NASCAR Hall of Fame and the Charlotte Convention Center. The property features a fitness center, indoor pool, 2,500-square-foot meeting facility, business center and the w xyz bar. Russell Munn of LEI led the acquisition team. Wells Fargo provided acquisition financing on behalf of LEI.

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