Oaktree Capital Management And Trinity Investments Secure $515M Refinance Loan For Westin Maui Resort
2365 Kaanapali Parkway
Summary
Oaktree Capital Management and Trinity Investments have secured a $515 million loan to refinance the Westin Maui resort in Hawaii. The loan was facilitated through a commercial mortgage-backed securities deal with lenders Morgan Stanley and Deutsche Bank.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $515,000,000
- Address: 2365 Kaanapali Pkwy, Lahaina, HI
- Market: Lahaina, HI
- Asset Type: Hotel
- Keys: 771
- Landlord: Oaktree Capital Management & Trinity Investments
The deal was arranged to refinance the Westin Maui resort, which is located at 2365 Kaanapali Pkwy in Lahaina, HI. The hotel property consists of 771 keys and is situated in a prime location in the market. Oaktree Capital Management and Trinity Investments served as the landlords in this transaction, working with Morgan Stanley and Deutsche Bank as lenders.
It is worth noting that the $515 million loan was secured through a commercial mortgage-backed securities deal, providing the necessary financing for the refinancing of the Westin Maui resort.
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