H.I.G. Capital have refinanced Ella Resorts and OB Streem with a consortium of European banks.
Ella is H.I.G. Realty’s hospitality platform focused on premium resort destinations across the Mediterranean, with approximately 4,400 keys across its portfolio and a strong pipeline of acquisitions throughout Italy, Greece, and Spain, and a target expansion to 10,000 rooms. Streem is a fully integrated logistics platform managing over 400,000 square meters (4.3 million square feet) of warehousing space while providing mission-critical logistics infrastructure across key European trade corridors. Its offering includes cold storage, ambient storage, and container depot storage (IOS), as well as a prospective pier terminal, in addition to services such as freight forwarding and transportation.
The transactions establish an efficient capital structure to support the continued growth of both platforms, including the ongoing refurbishment and repositioning of Ella’s resort po
