Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-Wrightwood Capital has closed its High Yield Partners II Fund after receiving $243 million in commitments. The company is a real estate finance and investment firm based out of Chicago.

“Raising this fund allows us to continue to provide liquidity to borrowers by providing the needed capital for opportunities created by the current market circumstances,” says David Friedman, managing director of fund management. “Being able to raise $243 million in commitments during these uncertain market times is a strong testament to the strength and depth of our company.”

With this fund, Wrightwood plans to invest in a number of equity opportunities through its national origination platform and its fund team. According to a release about the Fund, will “invest in recapitalizations, acquisitions and select new development. The program is available for assets with meaningful sponsor equity and provides capital structured as either a mezzanine loan or a preferred equity investment.”

Since its inception, Wrightwood has been involved in more than 470 financings for a total of $5 billion. At the end of March, Bridge Development Partners and Wrightwood completed construction on a $27 million industrial park in Aurora, IL.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.