Nuveen Green Capital Provides $27.77 Million Construction Loan For Dellshire Resort In Wisconsin Dells

A new construction project is underway at 2325 - 2255 Wisconsin Dells Pkwy, Wisconsin Dells, WI. This hotel asset features 208 keys and is designed as a four-story Medieval-themed hotel. The development is part of a larger 40+ acre master-planned resort and attraction site, which will also include amenities such as a 222-seat restaurant, six pools, a 9,500 square foot arcade, family entertainment center, ATV and boat rentals, and approximately 6,500 square feet of meeting and event space.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $27,770,000
• Loan Type: Construction
• Loan Terms: 30 years
• Lender: Nuveen Green Capital
• Key Individuals: Sean Ribble, Spencer Olson, Christopher Ellis, Francisco Crespo, Adrienne Andrews, Jeff Bucaro
• Sponsor: Uphoff Ventures

The financing package includes $27.7 million in C-PACE capital, which is aimed at funding improvements to the building envelope and other important energy efficiency measures during the mid-construction phase. This strategic financing approach supports the project's long-term profitability while lowering the overall blended cost of capital.