Property Highlights - Fee simple interest in the 88-room Hotel Indigo Downtown St. Louis, Missouri - Historic asset being offered through a court-appointed receivership and traditional marketing process - Housed in the iconic LaSalle Building – a 13-story architectural landmark opened in 1909 and converted to a hotel in 2019 - Unencumbered by management and debt, and offered at a substantial discount to replacement cost - Significant operational upside in repositioning the asset post-receivership, in place since March 2023 - Ability to retain the upper upscale Hotel Indigo branding via a long-term license agreement with nominal PIP - Lucrative, transferrable tax incentives include a Community Improvement District (CID) property tax abatement and a Transportation Development District (TDD) sales tax rebate Location Highlights - Ideally located at the intersection of Broadway and Olive in the heart of the St. Louis business district - Within walking distance of top corporate demand drivers, including AT&T, Anthem Blue Cross Blue Shield, Deloitte, and Peabody Energy - Minutes from Gateway Arch National Park, Busch Stadium (MLB Cardinals), Ballpark Village, Enterprise Center (NHL Blues), City Park (MLS St. Louis City SC), and The Dome at America’s Center - Just blocks from the America’s Center Convention Complex, which recently completed a $256 million renovation and expansion Market Highlights - 2025 city-wide event bookings are pacing over 100,000 room nights ahead of 2024, with a projected total of approximately 273,000 expected - Downtown St. Louis is set to benefit from significant investment through projects such as the $1.2 billion Gateway South Project, the $1.1 billion North-South Metrolink Line, and the $670 million redevelopment of the former Millennium Hotel property