April 17, 2015
KSL Capital Partners, LLC Announces $100 Million Refinancing of the St. Regis Aspen Resort
STAMFORD, CT – KSL Capital Partners, LLC (KSL) is pleased to announce that an affiliate of KSL Capital Partners Credit Opportunities Fund, L.P. has provided a $100 million first mortgage to refinance the 5-star, St. Regis Aspen Resort.
The 179-room resort is located at the base of Aspen Mountain in the heart of downtown Aspen, Colorado. 315 East Dean Associates, Inc., under the leadership of Stephane de Baets, acquired the resort in 2010, and subsequently invested approximately $50 million comprehensively renovating it to solidify its status as one of the world’s finest luxury properties. Among the resort’s many awards, in 2014, Travel + Leisure rated the St. Regis Aspen’s Remède Spa as the #1 spa in the world.
ABOUT KSL CAPITAL PARTNERS, LLC
KSL is an investment firm specializing in travel and leisure enterprises across five primary sectors including hospitality, recreation, clubs, real estate and travel services. KSL has offices in London; Denver, Colorado; and Stamford, Connecticut, and provides both debt and equity capital solutions through its $386 million credit fund and $2.1 billion private equity fund, respectively. Since 2006, KSL has completed more than 30 investments in the travel and leisure industry, with an aggregate transaction value in excess of $5.0 billion. For more information, please visit www.kslcapital.com.