Direct commercial lender X-Caliber Capital Holdings has closed an additional $131 million Rural PACE-X financing deal for Phase II of Marcella Landing in Park City, Utah. Developed by Reef Capital Partners, the ultra-luxury ski community has now received $313.2 million in total funding from X-Caliber. The capital will fund a second phase of townhomes and supporting infrastructure at Deer Valley East Village.
The Dallas City Plan Commission has approved a major zoning change request for Therme Group’s proposed wellbeing resort along the Trinity River. Positioned near the Kay Bailey Hutchison Convention Center, the project aims to generate hundreds of jobs, boost local tax revenues, and bridge South Dallas with the city’s downtown district. The plan now moves to the Dallas City Council for final review this autumn.
Global lifestyle operator Kerten Hospitality is expanding its presence in Saudi Arabia with the announcement of the Cloud 7 Al Murjan Island Resort - Dammam. Located on the Eastern Province waterfront, the resort is part of a visionary mixed-use development combining hospitality, leisure, entertainment, and wellness. The resort will introduce a distinctive coastal concept featuring 74 overwater chalets. It will also include Nyssa Beach, a ladies-only beach club offering extensive wellness, spa, and fitness facilities designed to support the Dammam women's community.
Hyatt Hotels Corporation has announced the opening of Secrets Mirabel Cancun Resort & Spa, the newest all-inclusive, adults-only property under the Secrets Resorts & Spas brand. Located in the heart of Cancun’s Hotel Zone, the resort is situated between the Caribbean Sea and the Nichupté Lagoon. The resort features 487 rooms and suites designed with a modern coastal theme, with an elevated Preferred Club offering exclusive amenities like a private Sky Bar and infinity pool
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