X-Caliber And CastleGreen Finance Provide $285 Million Refinance For The Oasis At Lakeport Resort

The Oasis at Lakeport is a $495 million resort and entertainment district located at 5011 Lakeport Drive in Osage Beach, MO. The asset includes features such as a 402-room Marriott hotel, a conference center, an indoor waterpark, an amusement park, and various family amenities. The recent refinance transaction involves a loan amount of $285 million.

Summary of transaction details:

• Property Type: Resort/Hospitality
• Transaction Amount: $285,000,000
• Lender: X-Caliber, CastleGreen Finance & XRL-ALC
• Landlord: Jeff Tegethoff - Tegethoff Development
• Loan Type: Refinance
• Senior-Secured Debt: $220,000,000 via XRL-ALC, LLC
• C-PACE Financing: $65,000,000 through CastleGreen Finance
• Significance: This is X-Caliber’s largest Rural PACE-X transaction and the largest C-PACE financing to date for Missouri and CastleGreen Finance.

Key individuals involved in the deal include Chris Callahan, Jordan Blanchard, Ken Lorman, Gabe Mashaal, Gregg Delany, and Sal Tarsia, representing various aspects of the transaction along with Jeff Tegethoff, who acts as the landlord through Tegethoff Development.