Login

Two Private Investment Firms Come to Watermark Lodging’s Rescue

Preferred Equity Commitment Provides Significant Operational, Financial Flexibility

Private equity firms are providing new capital to Watermark Lodging Trust, which owns several large resorts including Hawks Cay Resort in Duck Key, Florida (CoStar)
Private equity firms are providing new capital to Watermark Lodging Trust, which owns several large resorts including Hawks Cay Resort in Duck Key, Florida (CoStar)

(Corrected on July 28 to say Ascendant and Oaktree have committed to provide $250 million to purchase additional shares of the Series B preferred stock during over the next 18 months.)

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In