El Lugar Resort has raised funds for the construction and development of the hotel
September 2021 — 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.
Our role in the transaction
Oaklins’ teams in Colombia and Ireland acted as the exclusive advisors in this transaction.
Talk to the deal team
Related deals
Boeser Frischfleisch has secured financing for the acquisition of Vion Crailsheim
Boeser Frischfleisch GmbH has secured financing in connection with the acquisition of the Crailsheim site from Vion Group. The site specializes in the slaughtering and cutting of cattle and pigs and plays an important role in the southern German meat industry. Through the acquisition, Boeser Frischfleisch expands its value chain and strengthens its position in a market characterized by ongoing structural change and consolidation.
Learn morePDC Wellness has sold Salon System to Professional Beauty Systems
PDC Wellness has successfully sold its Salon System and Just Wax brands to Professional Beauty Systems (PBS).
Learn moreTerhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn more