Mortgage banking giant Holliday Fenoglio Fowler (HFF) has arranged a $30.75 million refinancing for the Wild Dunes Resort, a 1,600-acre luxury beach resort in Isle of Palms, S.C.
HFF worked exclusively on behalf of Lowe Enterprises to secure the five-year, fixed-rate loan through a life insurance company. Loan proceeds are paying off existing debt on the
The Wild Dunes Resort is located at 5757 Palm Boulevard on the northern end of Isle of Palms, approximately 11 miles from Charleston, S.C. Situated on 2.5 miles of beachfront, the resort includes the 93-room Boardwalk Inn, two championship golf courses, and the Sweetgrass Pavilion Conference Center.
Other amenities include a tennis facility with 17 courts, The Grand Pavilion with 15,800 sq. ft. of
Lowe Enterprises is a 39-year old privately owned real estate development, hospitality and investment advisory and management firm. The company has developed, acquired or managed more than $16 billion of real estate assets. Headquartered in Los Angeles, the firm has regional offices in Northern
HFF is a publicly traded firm (NYSE: HF) that provides commercial real estate and capital