Barings has finalized the refinancing of the Asher Adams Hotel, a property located in Salt Lake City, Utah. The transaction involves a loan for the hotel, which is situated within the historic Union Pacific Depot.
The Asher Adams Hotel, which operates under Marriott International’s Autograph Collection, is positioned in downtown Salt Lake City. The hotel is part of The Gateway, a mixed-use development that includes retail, dining, and entertainment venues.
The refinancing was arranged by Barings, a global investment management firm. The company provided the loan to support the hotel’s operations and ongoing business objectives. The financial terms of the transaction were not disclosed.
The Asher Adams Hotel features 225 guest rooms and offers amenities such as meeting spaces, a fitness center, and a restaurant. The property is housed in the former Union Pacific Depot, a building recognized for its historical significance in Salt Lake City.
The Gateway development, where the hotel is located, is owned by Vestar. The area serves as a central destination for both residents and visitors, offering a range of commercial and leisure options.
Additional details about the refinancing and the Asher Adams Hotel can be found at the following link: https://news.google.com/rss/articles/CBMipgFBVV95cUxPVGxoQm50amZkYXQ1NWdMaDkxLU43WU90MnpqU1ZBZzhMdVhZcGJWTjVOUGlYYUk3MkhLX2t3SnNIdU4ySGdrV1pzREg3OVVtWlpHR19IYThsd1E5eS1pVWtwVkhqYzN0eUQtUjE2UFhRc3BFV19yZFBQWTI2dlZZWnl0S0Yzb29PU19PNUdhdE92a1dFMkgwY040M2RXRHUyQk5qMEtn?oc=5
