Wingspan Development Group closes $11.7 million to continue multifamily growth in Wisconsin, Florida
Wingspan Development Group has closed its WDG GP Fund to further expand its multifamily development business. The WDG GP Fund anticipates a 15 percent to 20 percent-plus annual return over five years.

The $11.7 million fund will participate in the equity of three projects, including Niche at North Hyde Park near the University of Tampa; HUB13 in Oak Creek, Wisconsin; and The Ruby at Brookfield Square in Brookfield, Wisconsin. The fund expects to deploy all its capital into these projects during the next 30 to 60 days. Wingspan currently has more than $200 million in multifamily projects under development across several Chicago suburbs, Southeast Wisconsin and Central Florida.

- - Volume: 9 - WEEK: 40 Date: 9/30/2021 5:50:32 PM -