The Breakers (hotel)

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.

Birch Event Design Appoints Tech and Cannabis Entrepreneur, Lance Emanuel, as CEO of the Leading Global Event Design Firm

Retrieved on: 
Tuesday, July 25, 2023

NEW YORK, July 25, 2023 /PRNewswire/ -- As Birch Event Design celebrates its 10th anniversary, it enters a new era of innovation and growth under the strategic leadership of newly appointed CEO, Lance Emanuel. With a seasoned background as a high-level executive in the technology and premium cannabis sectors, Emanuel's arrival is set to energize a luxury-focused, customer-centric, and tech-forward approach to event design, as Birch looks to accelerate growth in existing markets and expand further in the U.S. and globally.

Key Points: 
  • On the Backdrop of their 10th Anniversary, Birch Event Design Welcomes Innovative Leadership to Propel its Global Expansion and Unique Event Design Approach
    NEW YORK, July 25, 2023 /PRNewswire/ -- As Birch Event Design celebrates its 10th anniversary, it enters a new era of innovation and growth under the strategic leadership of newly appointed CEO, Lance Emanuel.
  • "Lance joins Birch at a pivotal time as we celebrate an incredible milestone, our 10-year anniversary," said Founder and Chief Creative Officer Josh Spiegel.
  • "We've grown from a small firm with big dreams to a global name synonymous with creativity, quality, and professionalism.
  • "I'm thrilled to join Birch at this exciting inflection point for the company, as the event design industry is ripe for disruption.

FAIRMONT HOTELS & RESORTS ANNOUNCES SIGNING OF FAIRMONT THE BREAKERS, LONG BEACH

Retrieved on: 
Thursday, July 28, 2022

TORONTO, July 28, 2022 /PRNewswire/ -- Fairmont Hotels & Resorts, part of world leading hospitality group Accor, in partnership with Long Beach-based investment and development group Pacific6, today announced the redevelopment of the iconic Breakers Hotel in Long Beach, California. A timeless feature of the Long Beach skyline, Fairmont The Breakers, Long Beach has a character and soul all its own. Originally opened in the roaring twenties as a lavish hotel on the waterfront, The Breakers was a sought-after destination for celebrities and dignitaries, including Elizabeth Taylor, Cary Grant, Babe Ruth and Clark Gable, among other Hollywood stars. The historic property is currently undergoing a significant restoration and redevelopment, and is slated to reopen in 2023 as Long Beach's first luxury boutique hotel.  

Key Points: 
  • A timeless feature of the Long Beach skyline, Fairmont The Breakers, Long Beach has a character and soul all its own.
  • "We are honored to play a role in the exciting redevelopment of Fairmont The Breakers, Long Beach.
  • "Fairmont has a long and successful history in operating luxury hotels and is the perfect partner to bring The Breakers, Long Beach to life.
  • Upon its opening, Fairmont The Breakers, Long Beach will join ALL - Accor Live Limitless , Accor's award-winning lifestyle loyalty program.

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.

BlackSky to Participate at Upcoming Investor Conferences

Retrieved on: 
Wednesday, March 9, 2022

BlackSky Technology Inc. (BlackSky or the Company) (NYSE: BKSY) today announced that management will participate in the following investor conferences in March and April 2022:

Key Points: 
  • BlackSky Technology Inc. (BlackSky or the Company) (NYSE: BKSY) today announced that management will participate in the following investor conferences in March and April 2022:
    Deutsche Bank 30th Annual Media, Internet, and Telecom conference on March 14-16, 2022, at the Breakers Hotel in Palm Beach, Florida.
  • BlackSkys CEO Brian OToole is scheduled to participate in a fireside chat on March 15th at 8:50am EDT and participate in a panel discussion at 4:20pm EDT.
  • Bank of America STAARS Summit 2022 on March 20-22, 2022, at the Chateau Deer Valley in Park City, Utah.
  • BlackSkys CEO Brian OToole is scheduled to participate in a fireside chat on March 21st at 6:00pm MDT.

Scripps to present on business strategies at Deutsche Bank Conference on March 15, 2022

Retrieved on: 
Monday, February 28, 2022

Scripps Company (NASDAQ: SSP) will discuss the company's business strategies at the 30th Annual Deutsche Bank Media, Internet and Telecom Conference on Tuesday, March 15, in Palm Beach, Florida.

Key Points: 
  • Scripps Company (NASDAQ: SSP) will discuss the company's business strategies at the 30th Annual Deutsche Bank Media, Internet and Telecom Conference on Tuesday, March 15, in Palm Beach, Florida.
  • Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating a better-informed world.
  • Scripps runs an award-winning investigative reporting newsroom in Washington, D.C., and is the longtime steward of the Scripps National Spelling Bee.
  • Founded in 1878, Scripps has held for decades to the motto, "Give light and the people will find their own way."

X-Caliber Funding and CastleGreen Finance Close Largest Single Asset C-PACE Transaction in California History in Joint $94MM Financing of Iconic Breakers Hotel

Retrieved on: 
Wednesday, September 29, 2021

The funding was comprised of a renovation loan and C-PACE financing, earning the distinction of being the largest financing of a single asset under the program in the state of California.

Key Points: 
  • The funding was comprised of a renovation loan and C-PACE financing, earning the distinction of being the largest financing of a single asset under the program in the state of California.
  • The $94MM in financing is part of a $167MM project led by Pacific6 Enterprises , a Long Beach, California partnership, led by John Molina, who purchased the Long Beach Breakers Hotel & Spa in 2017.
  • CastleGreen Finance is a private capital source focused on Commercial PACE (Property Assessed Clean Energy) financing.
  • The current project portfolio includes the award-winning Long Beach Post and the historic Breakers Hotel.