realestate

BGL Secures Financing for Valor Acres and WaterWood Resort Developments

Brown Gibbons Lang & Company Announces Financial Advisory Services for Leading Companies

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rown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the financial closings of two significant developments in Ohio. The Valor Acres mixed-use project in Brecksville and The Bluffs at WaterWood Resort in Vermilion have secured development financing.

    BGL's Real Estate Advisors team served as exclusive financial advisor for both transactions, working with DiGeronimo Companies, a leading developer, capital provider, and construction management firm. "We were thrilled to assist the DiGeronimo development team," said Anthony Delfre, Managing Director at BGL. "The relationship between BGL and DiGeronimo Companies dates back to our early days, and we look forward to continuing to support their long-term development plans."

    Valor Acres is an upscale mixed-use development featuring 44,000 square feet of Class A office space, 221 luxury apartment units, 70,000 square feet of retail and entertainment space, and a 700-space parking garage. The project has already seen significant progress, with Phase I completed in December 2021 and additional phases closing in June 2023.

    The Bluffs at WaterWood Resort consists of 26 luxury townhomes with breathtaking views of the surrounding area. The development will feature cutting-edge architectural designs, stunning lakefront views, and luxurious amenities such as a clubhouse, lakeview dining, and an inground pool.

    BGL's Real Estate Advisors team provided comprehensive financial advisory services for both projects, including debt placement, preferred equity, and private equity financing. "The BGL team assisted the DiGeronimo Development team with the financings of very important and catalytic projects in the region," said Kevin DiGeronimo, Principal at DiGeronimo Companies.

    Brown Gibbons Lang & Company is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, valuations, and other strategic matters.

BGL secures financing for Valor Acres and WaterWood Resort developments in [location].