Great Wolf Lodge (Concord, NC)

WHP purchased a discounted $16mm construction note from Great Wolf Resorts on a new 400 room, 80k sq.ft. themed indoor water park and resort in Concord, NC. The project is near the Lowe’s Motor speedway and the Concord Mills Mall. Great Wolf Resorts (Nasdaq: WOLF) is North America’s largest owner of indoor water park resorts. The company’s resorts are family-oriented destination facilities that generally feature 300-400 rooms and a large indoor entertainment area with multiple recreational offerings measuring 40,000-100,000 square feet. The all-suite properties offer a variety of room styles, arcade/game rooms, fitness rooms, themed restaurants, spas, supervised children’s activities and other amenities.

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