Major Financing Secured for New Hotel Project Near Joshua Tree National Park
August 8, 2025 - 19:47
JOSHUA TREE, Calif., Aug. 08, 2025 — A significant financial milestone has been reached with the successful closing of a $7.5 million USDA Business & Industry loan aimed at supporting the construction of the Reset Hotel. This high-impact hospitality project is strategically located just five minutes from the north entrance of the iconic Joshua Tree National Park.
The financing was facilitated by two key players in the financial sector, which are focused on fostering economic growth and job creation in the region. The loan will refinance an existing construction loan, enabling the project to move forward and contribute to the local economy.
The Reset Hotel is expected to boost tourism in the area, creating numerous job opportunities and enhancing the overall economic vitality of the community. As the hospitality industry continues to rebound, this project represents a significant investment in the future of Joshua Tree, promising to attract visitors and provide essential services to both tourists and residents alike.
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