Bayview PACE Provides $19.8M Construction Loan For Luxury Resort Near Yosemite Park | Bayview Provides $19.8M C-PACE Financing for Hotel Development Near Yosemite National Park | Bayview PACE | Development Site | Loan

Summary

Loan

NEW JERSEY

Development Site

A new 125-room luxury resort near Yosemite National Park is set to be developed by Waterton and Argosy Real Estate, courtesy of a $19.8 million construction loan provided by Bayview PACE. The resort will be located about 16 miles south of Yosemite National Park in Oakhurst, catering to adventure and lifestyle travelers.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $19,800,000
Lender: Bayview PACE - Jason Clouet
Landlord: Waterton & Argosy Real Estate
Market: Oakhurst

Bayview PACE's Jason Clouet facilitated the $19.8 million construction loan for the development of the luxury resort. The collaboration between Waterton and Argosy Real Estate aims to create a high-end destination for adventure and lifestyle travelers, capitalizing on the proximity to Yosemite National Park.

Players

All
1

Lenders
1

Bayview PACE

Details

Deal Summary

FINANCED

IMAGE: Peter Vilim, David Butler & David Schwartz DATE: 07/06/2023 ADDRESS: Located about 16 miles south of Yosemite National Park MARKET: Oakhurst ASSET TYPE: Development Site LENDER: Bayview PACE (@BayviewPACE) - Jason Clouet LANDLORD: Waterton (@WatertonRealEstate) & Argosy Real Estate LOAN AMOUNT: $19,800,000 LOAN TYPE: Construction Loan NOTE: Bayview PACE has provided $19.8 million in financing for a new 125-room hotel near Yosemite National Park. The luxury resort, developed by Waterton and Argosy Real Estate, will cater to adventure and lifestyle travelers.

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AddressBayview Provides $19.8M C-PACE Financing for Hotel Development Near Yosemite National Park

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