primelenderblog.com » Great Wolf Resorts http://primelenderblog.com Prime Lender Blog and News information Thu, 02 Jul 2009 02:46:36 +0000 http://wordpress.org/?v=2.6.2 en Great Wolf Resorts, Inc. Announces Additional Extension of Maturity Date on Mason, Ohio Mortgage Loan http://primelenderblog.com/great-wolf-resorts-inc-announces-additional-extension-of-maturity-date-on-mason-ohio-mortgage-loan.html http://primelenderblog.com/great-wolf-resorts-inc-announces-additional-extension-of-maturity-date-on-mason-ohio-mortgage-loan.html#comments Tue, 13 Jan 2009 05:54:11 +0000 http://primelenderblog.com/?p=153 MADISON, Wis., Jan. 9 /PRNewswire-FirstCall/ — Great Wolf Resorts, Inc. , North America’s leading family of indoor waterpark resorts, today announced that it has negotiated an additional extension of the maturity date to January 23, 2009 on the company’s $76.8 million non-recourse mortgage loan on its Mason, Ohio resort property. During the extension period, the company will continue discussions with the lender to finalize a longer-term extension of the loan’s maturity date. Also, during the extension period and retroactive to December 1, 2008, the loan will bear interest at a rate of LIBOR plus 425 basis points, with a minimum rate of

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