Sonnenblick-Eichner Company Arranges Construction Loan for Lionsback Resort
BEVERLY HILLS, California—Sonnenblick-Eichner Company has arranged $50 million of construction financing for Phase I of the Lionsback Resort in Moab, Utah, a 175-acre development located adjacent to Canyonlands and Arches National Park in eastern Utah. Proceeds from this fixed-rate, non-recourse construction loan will be used to complete the Phase I onsite infrastructure improvements and vertical construction of the initial 34 single-family homes, as well as the horizontal infrastructure of Phase II. To be built over […]
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