(Read more on the debt and equitymarkets.)
WOODSTOCK, GA-The 160-acre Ridgewalk Land located alongInterstate 575 has received $18 million in refinancing. The15-month loan was provided by Chicago-based Wrightwood Capital andsourced through a direct relationship between the lender and theland owner, Atlanta-based Ridgewalk Holdings LLC. The land is acombination of various parcels assembled over the last 10 years andoriginally covered more than 340 acres.
"The refinancing was to take out some existing debt and toprovide some additional dollars to do site work to facilitate thesale of some of the land," Wrightwood Capital senior regionaldirector, investments Frank Sullivan tells GlobeSt.com.
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