Barings and Apollo affiliates have provided a $113 million debt package to refinance the Westin Indianapolis in downtown Indianapolis. The loan includes mezzanine and senior mortgage components and is aimed at supporting the extensive property renovations of the hotel. The Westin Indianapolis is considered well-positioned for strong future performance, given its prime downtown location and extensive event space.
Company Information
Company
Baring International Investment Limited
Location
Charlotte, North Carolina, United States
About
Baring International Investment Limited is a global investment management firm. It specializes in providing asset management solutions and investment strategies. The firm has a long-standing history in managing a diversified portfolio. Baring focuses on maximizing investment returns for clients across various sectors.