Westmount Park Investments Highlights Strategic Milestone in Portfolio Company With Highside's US$500 Million Facility From Apollo Affiliates
Rhea-AI Summary
Apollo (NYSE:APO) affiliates have provided a US$500 million investment-grade financing package to Highside Companies, a portfolio company of Westmount Park Investments. The financing will support Highside's Everhome Suites platform expansion in partnership with Choice Hotels International (NYSE:CHH).
Highside Companies, a vertically integrated real estate development and investment platform led by CEO Justin Roberts, currently has over US$1 billion in projects underway across the United States and Canada. The company focuses on extended-stay hospitality, multifamily, self-storage, and light industrial sectors, utilizing a data-driven approach for site selection and development.
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News Market Reaction – APO
On the day this news was published, APO declined 2.36%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Family office affirms long-term strategy through landmark financing at Highside, a key platform investment
Highside Companies, led by CEO Justin Roberts, is a vertically integrated real estate development and investment platform with operations across
"The Apollo facility is a transformational milestone that underscores the strength of Highside's platform, strategy, and leadership," said Romeo Di Battista Jr., Principal at Westmount Park Investments, the company's sponsor and strategic partner. "I'm incredibly proud of Justin Roberts, CEO of Highside, and the entire team for what they've accomplished. We believe extended-stay hospitality is a structurally resilient asset class, and Highside is uniquely positioned to lead its evolution. We're proud to support the company as it scales across
Highside continues to evaluate new development opportunities through direct acquisitions, joint ventures with landowners, and strategic partnerships with local developers. The company is actively growing its pipeline of institutional-grade projects in select markets aligned with long-term demographic and demand trends.
Westmount Park Investments is a second-generation Canadian family office with nearly 50 years of experience owning, operating, and investing across multiple industries. The firm focuses on long-term, control-oriented investments in real estate, infrastructure, and service-based operating businesses. In addition to investing principal capital,
For more information, please visit https://westmountpark.com.
Learn more about Highside Companies online.
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SOURCE Westmount Park Investments