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X-Caliber, CastleGreen Lend $26M on Colorado Hotel Project

Summary by Commercial Observer
Rev Development has landed a $26.3 million debt package to build a Holiday Inn Express in Colorado, Commercial Observer has learned. X-Caliber Holdings executed the transaction for Rev’s planned 111-room hotel that will operate under the IHG Hotel & Resorts brand in Silverthorne, Colo., under the lender’s newly launched Rural PACE-X product.  The deal includes a $20 million senior loan through XRL ALC,  an affiliate of X-Caliber Rural Capital, a…
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