Petros_Black Rock Mountain Hotel & Resort, Heber City.
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Black Desert Resort

Location: Ivins, Utah

PACE Eligible Measure: Building Envelope, Plumbing, Insulation, Elevators, Lighting/ Light Fixtures, Emergency Power/ Fire Suppression, HVAC, Seismic Upgrades.

Black Desert Resort:
580 acres.
Mixed-use

Patrick Manning is the managing director of Reef Capital Partners and Patrick Manning & Assoc., through which has developed over 20 hospitality/ resort style projects in 10 states over the last 25 years.

Reef Capital Partners specializes in value-add private equity real estate transactions and opportunistic private credit transactions secured by commercial real estate. Founded in 2005 they have closed over 500 transactions totaling over $1 billion. On the private equity side, they manage properties across the country, including in Hawaii and the US Virgin Islands, and offer land development, ground up construction, and major rehabilitation services. Their private equity investments range from $1MM to $100MM and include all asset types.

Traditions of Lebanon Senior Living
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Black Desert Resort

Location: Ivins, UtahPACE Eligible Measure: Building Envelope, Plumbing, Insulation, Elevators, Lighting/ Light Fixtures, Emergency Power/ Fire Suppression, HVAC, Seismic Upgrades.Black Desert Resort:580 acres.Mixed-usePatrick Manning is the managing director of Reef Capital Partners and Patrick Manning & Assoc., through which has developed over 20 hospitality/ resort style projects in 10 states over the last 25 years.Reef Capital Partners specializes in value-add private equity real estate transactions and opportunistic private credit transactions secured by commercial real estate. Founded in 2005 they have closed over 500 transactions totaling over $1 billion. On the private equity side, they manage properties across the country, including in Hawaii and the US Virgin Islands, and offer land development, ground up construction, and major rehabilitation services. Their private equity investments range from $1MM to $100MM and include all asset types.

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Black Desert Resort

Location: Ivins, UtahPACE Eligible Measure: Building Envelope, Plumbing, Insulation, Elevators, Lighting/ Light Fixtures, Emergency Power/ Fire Suppression, HVAC, Seismic Upgrades.Black Desert Resort:580 acres.Mixed-usePatrick Manning is the managing director of Reef Capital Partners and Patrick Manning & Assoc., through which has developed over 20 hospitality/ resort style projects in 10 states over the last 25 years.Reef Capital Partners specializes in value-add private equity real estate transactions and opportunistic private credit transactions secured by commercial real estate. Founded in 2005 they have closed over 500 transactions totaling over $1 billion. On the private equity side, they manage properties across the country, including in Hawaii and the US Virgin Islands, and offer land development, ground up construction, and major rehabilitation services. Their private equity investments range from $1MM to $100MM and include all asset types.

Traditions of Lebanon Senior Living
PPF’s 1st C-PACE
Assessment n UT
$153 Million
C-PACE Assessment
$87 Million
in PID bonds