Transactions
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
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 provides a total of $6.7 million in debt for Walgreens development project in Wheaton, Illinois
Chicago, Illinois, March 11, 2010 – Wrightwood Capital provided two loans totalling $6.7 million for a Walgreens development project in Wheaton, Illinois outside of Chicago. The first loan was a $1.5million mezzanine loan, nearly fully funded upon closing and used for … Continue reading