Wisconsin Dells, Wisconsin; Sandusky, Ohio; and Bloomington, Minnesota.
$20,000,000
RHF purchased a mezzanine loan behind a new first mortgage loan secured by three waterpark resorts in Wisconsin, Ohio, and Minnesota. In addition to refinancing the Wisconsin and Ohio assets, our loan financed the acquisition and $50+ million redevelopment of the Minnesota asset. RHF was able to quickly understand and value these unique assets given our extensive background with resort properties.