Ocean Center

X-Caliber Funding and CastleGreen Finance Complete $122MM Refinance for Iconic Fairmont Breakers Long Beach Hotel in Long Beach, CA

Retrieved on: 
Monday, February 26, 2024

X-Caliber Funding (X-Caliber), a national, direct commercial real estate lender, and CastleGreen Finance (CastleGreen), an affiliate of X-Caliber that provides capital through Commercial Property Assessed Clean Energy (C-PACE) financing, today announced the refinance of Long Beach, California’s Fairmont Breakers Hotel & Spa.

Key Points: 
  • X-Caliber Funding (X-Caliber), a national, direct commercial real estate lender, and CastleGreen Finance (CastleGreen), an affiliate of X-Caliber that provides capital through Commercial Property Assessed Clean Energy (C-PACE) financing, today announced the refinance of Long Beach, California’s Fairmont Breakers Hotel & Spa.
  • These financings demonstrate the wide scope of X-Caliber’s product offerings and their ability to provide effective, flexible, and specialized financing solutions for borrowers.
  • “The tax credits are designed to restore, reuse, and preserve iconic landmarks like the Fairmont Breakers Hotel, and they provide the borrower with greater flexibility to support their capital needs.
  • The Fairmont Breakers Long Beach is projected to open this spring.

Maui is Open to Respectful Visitors

Retrieved on: 
Monday, August 21, 2023

MĀʻALAEA, Hawaii, Aug. 21, 2023 /PRNewswire/ -- Maui Ocean Center is open and ready to welcome back kamaʻāina and visitors seeking comfort following last week's devastating wildfires. The park — which closed briefly last week as employees helped those displaced by the fires — is now open daily from 9 a.m. to 5 p.m.

Key Points: 
  • Maui Ocean Center welcomes guests; assists those impacted by recent wildfires
    MĀʻALAEA, Hawaii, Aug. 21, 2023 /PRNewswire/ -- Maui Ocean Center is open and ready to welcome back kamaʻāina and visitors seeking comfort following last week's devastating wildfires.
  • As we focus on the displaced, we are now also looking at the broader Maui community.
  • An employed Maui is a resilient Maui.
  • For those who wish to support the island financially, Maui Ocean Center endorses Hawai'i Community Foundation's Maui Strong Fund: https://www.hawaiicommunityfoundation.org/maui-strong .

Orange You Glad? MCR Acquires Three Hotels in Florida

Retrieved on: 
Monday, June 5, 2023

MCR — the country’s 3rd-largest hotel owner-operator — has acquired three hotels in Florida.

Key Points: 
  • MCR — the country’s 3rd-largest hotel owner-operator — has acquired three hotels in Florida.
  • With this portfolio acquisition, MCR now has 13 hotels in Florida.
  • View the full release here: https://www.businesswire.com/news/home/20230605005151/en/
    The Hyatt Place Orlando/Lake Buena Vista (Photo: Business Wire)
    How magical!
  • It’s also a short drive from iconic destinations like The Wizarding World of Harry Potter and Universal Studios.

X-Caliber Funding and CastleGreen Finance Close $55MM in Joint Financing of Long Beach, CA Multifamily Property

Retrieved on: 
Tuesday, April 26, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220425006011/en/
    Artistic rendering of Ocean Center Luxury Apartments, a 14-story, historic landmark property located in Long Beach, CA.
  • CSCDAs Open PACE Program facilitates financing for property owners looking to finance improvements that include energy efficiency, renewable energy, water conservation, and seismic improvements.
  • The $54.97MM in financing is part of a renovation project led by Pacific6 , a Long Beach, California partnership, headed by John Molina.
  • CastleGreen Finance is a private capital source focused on Commercial PACE (Property Assessed Clean Energy) financing.

Record Participation for NCA & NDA Collegiate Championship's 26th Year in Daytona Beach

Retrieved on: 
Monday, April 4, 2022

DAYTONA BEACH, Fla., April 4, 2022 /PRNewswire/ -- For the 26th year, Varsity Spirit's National Cheerleaders Association (NCA) and National Dance Alliance (NDA) Collegiate National Championship returns to Daytona Beach on April 7-9 boasting a record turnout of teams and participants. In competitions based at the Daytona Beach Bandshell and the Ocean Center, the nation's top universities will be vying for the title of NCA & NDA Collegiate National Champion in the single largest collegiate cheer and dance event in the world.

Key Points: 
  • DAYTONA BEACH, Fla., April 4, 2022 /PRNewswire/ -- For the 26th year, Varsity Spirit's National Cheerleaders Association (NCA) and National Dance Alliance (NDA) Collegiate National Championship returns to Daytona Beach on April 7-9 boasting a record turnout of teams and participants.
  • "Daytona Beach has become the premier destination for our NCA & NDA college customers across the country.
  • "Daytona Beach has become synonymous with NCA and NDA, and one of the most recognized cheer and dance venues in the world.
  • "Daytona Beach is proud to continue to serve as the host city to the NCA & NDA Collegiate Cheer and Dance Championship," said Daytona Beach Area Convention and Visitors Bureau Executive Director Lori Campbell Baker.

Daytona Beach Recognized As Award Winning Host City For Sporting Events

Retrieved on: 
Wednesday, August 21, 2019

DAYTONA BEACH, Fla., Aug. 21, 2019 /PRNewswire/ -- Daytona Beach was recently named a SportsEvent Magazine Readers' Choice Award Winner for making a "memorable impressionand rising to the next level as a sporting event host."

Key Points: 
  • DAYTONA BEACH, Fla., Aug. 21, 2019 /PRNewswire/ -- Daytona Beach was recently named a SportsEvent Magazine Readers' Choice Award Winner for making a "memorable impressionand rising to the next level as a sporting event host."
  • Here are just a few of the high caliber sports activities and organizations garnering increased attention and adding to the exciting mix of spectator sports:
    Daytona Beach is visited every year for world-renowned motorsports events at Daytona International Speedway, including Rolex 24 At DAYTONA, DAYTONA 500 , and Coke Zero Sugar 400 , which moves from July to August 29 in 2020.
  • The state-of-the-art facility completed a $400-million renovation in 2016.
  • USTA Pro Circuit $25,000 Women's Pro Tennis Tournament: every January, tennis players vie for their spot at the US Open and take to the courts at the Florida Tennis Center in Daytona Beach
    Largest cheer and dance competition in the world: every April for 25 consecutive years, the National Collegiate Association and National Dancing Association Cheer and Dance championships has taken place in part at the Ocean Center, the fifth largest convention center in Florida
    Daytona Soccer Club, affiliated with USL League 2, debuted this spring at Daytona Stadium, which recently underwent a $20 million renovation
    Daytona Tortugas: every April through September, this Cincinnati Reds Class A Advanced Affiliate team known for their award-winning Bob Ross Bobblehead give-aways and "best dressed team" in the Minor League accolades, play at historic Jackie Robinson Ballpark, which recently received nearly a $1 million state-of-the-art turf upgrade
    Daytona Beach is home to the NCAA Division I Bethune-Cookman Wildcats, NJCAA Division I Daytona State College Falcons and NCAA Division II Embry Riddle Aeronautical University Eagles
    Ladies Professional Golf Association (LPGA): home to the "Road to the LPGA," Daytona Beach is the finish line for the October Symetra Tour, a golf championship that draws top players from around the world
    Top place to surf: with 47 miles of Atlantic coastline, Daytona Beach and Ormond Beach were named by Coastal Living in 2018 as two of the top places to surf in Florida; nearby New Smyrna Beach hosts the National Scholastic Surfing Association's National Championships, the highest profile youth surfing event in America

Embry-Riddle's Daytona Beach Campus Graduates Largest Fall Class in History

Retrieved on: 
Tuesday, December 4, 2018

DAYTONA BEACH, Fla., Dec. 4, 2018 /PRNewswire-PRWeb/ --For the second year in a row, Embry-Riddle Aeronautical University's Daytona Beach Campus is graduating its largest fall class in the school's history.

Key Points: 
  • DAYTONA BEACH, Fla., Dec. 4, 2018 /PRNewswire-PRWeb/ --For the second year in a row, Embry-Riddle Aeronautical University's Daytona Beach Campus is graduating its largest fall class in the school's history.
  • The ceremony starts at 10 a.m., Monday, Dec. 17, at the Ocean Center, 101 N. Atlantic Ave., Daytona Beach.
  • This year's Fall Commencement Ceremony keynote address will be given by four-star General (USAF, Ret.)
  • The Fall Commencement Ceremony begins at 10 a.m. in the Ocean Center, 101 N. Atlantic Ave., Daytona Beach.