Baird's Investment Banking Group is pleased to announce the following transaction:

September 2021
Strategic Investment from an Undisclosed Investor
Real Estate
Baird served as the exclusive financial advisor to WaterWalk on this transaction

WaterWalk recently received a strategic investment from an undisclosed investor, a global investment management firm. Through the partnership with the global investment management firm, WaterWalk will continue executing on its strategic growth initiatives while accessing the firm’s global services and resources.

WaterWalk is a flexible accommodations hotel brand purposefully designed to offer customized guest experiences with apartment-style suites. The product caters to emerging consumer behaviors such as nomadic lifestyles, the preference for optionality and evolving market trends. Currently there are nine properties across eight different markets including Wichita, Denver, Dallas, San Antonio, Overland Park, Raleigh, Charlotte and Minneapolis. Wichita is home to the brand's first property, located in downtown across from Riverfront Stadium. WaterWalk is headquartered in Wichita, Kansas.

For additional information about this transaction, please contact:

Steve Goldberg +1-703-394-1808
Jim O’Brien +1-703-394-1814
Tim Stefanou +1-703-394-1829