WRIGHTWOOD CAPITAL SECURES $11.5 MILLION LOAN FOR MULTIFAMILY PORTFOLIO

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CHICAGO — Chicago-based Wrightwood Capital has secured $11.5 million in mezzanine financing for the acquisition of the Kollinger Portfolio, a collection of four apartment communities located in Wisconsin totaling 1,157 units and more than 1 million square feet. The properties include River Place Apartments, a 210-unit apartment community located in Brown Deer; Mission Hills Apartments, a 271-unit community located in Franklin; Springtree Apartments, a 272-unit community located in Middleton; and Meadows Apartments, a 404-unit community located in Madison. Wrightwood Capital structure a 36-month participating mezzanine loan for the borrower, a partnership between BNG Management and Axiom Properties.

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