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Wingspan Development Group Closes $16M to Continue MF Growth - Connect CRE

Summary by Connect CRE
Wingspan Development Group announced that WDG Finance has closed the $16 million WDG GP Fund II, its second since 2021, to fuel the firm’s multifamily development business growth in Illinois, Wisconsin, and Florida. Nearly 40% larger than WDG’s GP Fund I, with an average investment about 50% higher, the $16 million fund will participate in the equity of five ground-up projects: The Henry at Harms Woods in Skokie, Ill.; The Whitt in Riverview, Fl…
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