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First Pathway, Clearwater PACE Lend $95M for Utah Resort

Developer Charles Heath has landed a $95 million debt package to develop a wellness resort near Park City, Utah, Commercial Observer has learned. First Pathway Partners provided $62 million of constru

Summary

Developer Charles Heath has landed a $95 million debt package to develop a wellness resort near Park City, Utah, Commercial Observer has learned.

First Pathway Partners provided $62 million of construction financing backed by funding from the EB-5 visa program for Heath’s Ameyalli well-being resort project in Midway, Utah.

Clearwater PACE also supplied a $33 […]

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