El Lugar Resort has raised funds for the construction and development of the hotel
El Lugar Resort has raised US$15 million to fund the construction and development of the hotel. The financing was a senior secured loan secured by the project’s assets, without recourse to the project sponsor.
El Lugar will be an eco-resort, located in Sarapiquí, Costa Rica, about two hours northeast of San José, in the northern lowlands. It is 1,200 acres of pristine, lush and intensely nurturing land. There are two different plots, one on either side of the Puerto Viejo River. It will be positioned as a natural, sustainable, high-end luxury resort.
Oaklins’ teams in Colombia and Ireland acted as the exclusive advisors in this transaction.
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