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Developers of luxury Calistoga resort secure financing

Published Monday March 13

Developers of a Napa County luxury resort announced they have secured $165 mill. in construction financing.

Bald Mountain Development and Alcion Ventures commented its project has received $165 mill. in construction funding for its five-star 4 Seasons Resort and Private Residences Napa Valley slated to open in Calistoga in early 2019. The companies plan on the hotel and twenty two, 3 and four-bedroom residences.

Holliday Fenoglio Fowler, L.P. worked on behalf of the developers to place the construction loan with Heitman on behalf of one of its institutional investors.

Bald Mountain has also set up an office in Calistoga on Lincoln Avenue.

Article length: About 340 words.
Tags: Calistoga

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