Great Wolf Secures $63.9M Loan for Development

by C&RB Staff (editor@clubandresortbusiness.com)
May 2008
 

Indoor water park resort developer and operator Great Wolf Resorts Inc. has secured a $63.9 million loan to help finance construction of a Great Wolf Lodge in Concord, N.C.
 
The four-year construction loan is potentially expandable to a maximum principal amount of $79.9 million, the Madison, Wis.-based firm said in an article in The Business Journal of Milwaukee. The Concord, N.C., resort, now under construction, is on schedule to open in spring 2009.