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