Caliber Rural Capital (XRC), a licensed USDA OneRD lender and affiliate of X-Caliber Capital Holdings (X-Caliber), announced that its affiliate XRL-ALC, together with American Lending Center (ALC), closed a $220 million transaction to fund the ground-up construction and redevelopment of a national resort in Missouri.
Oasis at Lakeport, a national family resort and entertainment district in Osage Beach, Mo., has a total project cost of $495 million. It features a Marriott hotel with 402 rooms, a conference center, indoor waterpark, amusement park and various amenities, aiming to become a premier Midwest tourist destination.
The $220 million senior loan is part of a total $285 million financing provided through X-Caliber’s proprietary lending product Rural PACE-X that also includes $65 million of Commercial Property Assessed Clean Energy (C-PACE) financing through X-Caliber affiliate CastleGreen Finance.
Rural PACE-X combines senior secured construction financin
