X-Caliber Delivers $431MM in Financing for Coco Palms, an Iconic and Historic Resort on Kauai

X-Caliber Delivers $431MM in Financing for Coco Palms, an Iconic and Historic Resort on Kauai

X-Caliber, a national, direct commercial real estate lender focused on impact lending, today announced $431MM of Rural PACE-X financing for the famed Coco Palms Resort located in Kauai, Hawaii.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260622548287/en/ Artist rendering of the Coco Palms Resort

Rural PACE-X is a proprietary financing solution offered by X-Caliber that combines conventional financing and Commercial Property Assessed Clean Energy (C-PACE).

The Coco Palms financing includes $185.6MM of conventional senior-secured financing through an affiliate of X-Caliber Rural Capital, XRL-ALC, LLC (“XRA”), and $245.35MM of Commercial Property Assessed Clean Energy (C-PACE) financing through X-Caliber affiliate CastleGreen Finance. Together, the loans will provide 80% loan-to-cost financing at an attractive blended interest rate. X-Caliber Rural Capital’s Gabe Mashaal originated the transaction.