Press Releases
Ares Management LLC Acquires The Investment Platform of Wrightwood Capital
Los Angeles, CA—August 10, 2011 – Ares Management LLC announced today that it has acquired the investment platform of Wrightwood Capital, a highly respected provider of debt capital to the U.S. commercial real estate sector. Terms of the transaction were … Continue reading
Wrightwood Capital makes $8,500,000 Joint Venture Equity investment for Acquisition and Leasing of a 49 Unit Class “A” Apartment Tower in Brooklyn, New York
Chicago, Illinois, June 19, 2011 – Wrightwood Capital invested $8,500,000 in a joint venture created to acquire and improve leasing on a newly constructed 41,615 square foot multifamily building in Brooklyn’s Fort Grene/Clinton Hill neighborhood. Tallest building in the neighborhood, … Continue reading
Wrightwood Capital makes a $3,240,000 Preferred Equity investment for the Acquisition of the Morrison Apartments in North Hollywood, California
Chicago, Illinois, May 17, 2011 – Wrightwood Capital, through one of its managed funds, has invested $3,400,000 of preferred equity with regional apartment owner and operator to facilitate the acquisition of two adjacent 24 unit, 3 story apartment projects. Located … Continue reading
Wrightwood Capital makes a $5,300,000 Preferred Equity investment for the Acquisition of Sherman Plaza in Van Nuys, California
Chicago, Illinois, May 6, 2011 – Wrightwood Capital, through one of its managed funds, made a $5,300,000 preferred equity investment in an entity managed by Majestic Investments, LLC to acquire a complex of two office buildings comprising 267,268 square feet. … Continue reading
Exeter Property Group to Perform Advisory Services for Wrightwood Capital Industrial Property Funds II and III
Philadelphia, Pennsylvania, May 2, 2011 – Exeter Property Group and Wrightwood Capital jointly today announced their agreement for Exeter to provide advisory services with respect to Wrightwood Capital’s Industrial Property Funds II and III. Originally formed by Wrightwood Capital in … Continue reading
Wrightwood Capital Provides $4,965,000 Mezzanine Loan for Development of a New Student Housing Project at the University of Southern California
Chicago, Illinois, March 7, 2011 – Wrightwood Capital’s High Yield Partners Fund II provided a $4,965,000 mezzanine loan to a joint venture of Los Angeles based Icon Company and Chicago based Campus Acquisitions for the development of a 56 unit, … Continue reading
Wrightwood Capital Provides $8,600,000 1st Mortgage Refinancing of Crossroads Lakes Business Park in Bolingbrook, IL
Chicago, Illinois, November 5, 2010 – Wrightwood Capital High Yield Fund II announced the $8,600,000 first mortgage refinancing of Crossroads Lakes Business Park for a joint venture entity owned by Corum Real Estate Group and Equibase Capital Group. The non-recourse … Continue reading
Wrightwood Capital Invests $23 Million Preferred Equity as Part of Empirian Village Apartments $275 Million Recapitalization in Greenbelt, Maryland
Wrightwood Capital High Yield Partners Fund II announced the closing of a $23,000,000 preferred equity investment for the recapitalization and renovation of the Empirian Village Apartment complex with Fieldstone Properties. Continue reading
Wrightwood Capital Introduces New Weekly Column: The Credit [R.E.]View
Chicago, Illinois, July 19, 2010 – Wrightwood Capital announced the beginning of their weekly on-line column, The Credit (R.E.)View. Every week this column will discuss different aspects of the commercial real estate business through the distinct lens provided by a … Continue reading
Wrightwood Capital promotes Dan Hartman to Senior Regional Director of High Yield Partners Fund II
Chicago, Illinois, March 23, 2010 – Wrightwood Capital High Yield Partners Fund II announced the promotion of Dan Hartman to their fund management team as Senior Regional Director of the High Yield Partners Fund II for the Northeast and Mid-Atlantic … Continue reading