The combined $285 million financing forms a significant portion of the project’s $495 million capital stack and includes the largest C-PACE deal in Missouri and the largest loan to date for X-Caliber’s Rural PACE-X product.
The Oasis at Lakeport, scheduled to open fully in 2027, will feature a 402-room Marriott hotel, a conference center, an indoor water park, and an amusement park to accommodate an expected 600,000 annual visitors. The development’s energy-efficient design is projected to generate approximately $11 million in cost savings.
The Reed Smith team — comprising real estate finance and structured finance attorneys from the firm’s New York, Miami, and Philadelphia offices — included Randy Eckers, Jodi Schwimmer, AJ Sokoloff, Grant Engel, John Hogan, Jack Yeh, Nicoletta Lakatos, and Rob Stalzer.
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