Westmount Park Investments Marks Major Milestone with Highside's $500 Million Financing Deal

Significant Financing Milestone

Westmount Park Investments, a prominent Canadian family office, has achieved a noteworthy milestone concerning one of its invested entities, Highside Companies. This milestone comes with the announcement of a substantial financing package worth $500 million, provided by affiliates of Apollo Global Management, for Highside’s project focusing on its Everhome Suites platform. This financing deal is recognized as one of the largest structured financial engagements targeted at the extended-stay hospitality market in recent years.

Highside Companies operates under the leadership of CEO Justin Roberts and has established itself as a vertically integrated platform within real estate development and investment sectors, specifically across the United States and Canada. The firm is involved with various adjacent real estate domains, including multifamily housing, self-storage solutions, and light industrial facilities. Highside employs a strategic approach that is heavily data-driven—for areas like site selection, zoning regulations, and financing structures, thus ensuring comprehensive management across the entire development lifecycle.

With currently over $1 billion worth of projects in progress, Highside is dedicated to delivering top-tier execution across all phases, from entitlement and financing to construction management and asset management. The firm’s strategy aligns with market trends, emphasizing extensive hospitality facilities that serve the growing demand for extended-stay options in the hospitality sector.

Comments from Leadership

Romeo Di Battista Jr., Principal at Westmount Park Investments, celebrated the significant progress made by Highside, referencing the involvement of Apollo as a transformational moment for the firm. He expressed his pride in Justin Roberts and the Highside team, highlighting their achievements and the potential for future growth. Di Battista remarked:

“The Apollo facility is a transformational milestone that underscores the strength of Highside's platform, strategy, and leadership,”

He also noted the firm’s belief in the resilience of extended-stay hospitality as an asset class and affirmed Highside's unique positioning within this evolving market.

Highside continues to proactively explore new development opportunities through various avenues such as direct property acquisitions, establishing joint ventures with landowners, and forging strategic partnerships with local development professionals. The company's strategy is aimed at expanding its portfolio of institutional-quality projects in importantly selected markets that are aligned with long-term demographic and demand trends.

Westmount Park Investments Overview

Founded nearly five decades ago, Westmount Park Investments is a second-generation family office based in Canada, specializing in owning, operating, and investing across a range of industries. The firm focuses primarily on long-term, control-oriented investments that include real estate, infrastructure, and service-oriented businesses. Westmount not only invests its principal capital but also partners with experienced operators to ensure collaborative and disciplined growth through informed strategic capital allocation.

As they look to the future, both Westmount Park Investments and Highside Companies are poised for substantial growth and development, strategically positioning themselves to meet the evolving needs of the market.

For further details, please visit Westmount Park Investments’ official website and learn more about the services provided by Highside Companies.