News

Woodvale Launches $75 Million Opportunity Fund II Amid Historic Real Estate Dislocation

Woodvale Launches $75 Million Opportunity Fund II Amid Historic Real Estate Dislocation

Woodvale, the Atlanta-based private equity real estate firm, has officially launched Woodvale Opportunity Fund II, a $75 million investment vehicle designed to acquire high-quality commercial real estate during a period marked by economic uncertainty, market dislocation and a sustained wave of approaching loan maturities. The announcement follows the successful closing and deployment of Woodvale Opportunity Fund I, which...
Woodvale Buys Southeast Hospitality Portfolio, Successfully Closing Fund, Amid Challenging Market Conditions

Woodvale Buys Southeast Hospitality Portfolio, Successfully Closing Fund, Amid Challenging Market Conditions

ATLANTA (Jan. 21, 2025) – Woodvale, the Atlanta-based private equity real estate firm, has completed the purchase of four Marriott branded hotel properties across three states in the Southeast. The portfolio, which includes Residence Inn, Courtyard, and Fairfield Inn & Suites brands, located in Georgia, Mississippi, and Alabama, totaling 363 rooms, represents an opportunistic addition...
Opportunity fund acquires hotel assets near Memphis and in a northern Atlanta suburb

Opportunity fund acquires hotel assets near Memphis and in a northern Atlanta suburb

ATLANTA, Dec. 3, 2024 –  JLL Capital Markets announced today, on behalf of Woodvale Opportunity Fund I, the closing of a $25 million acquisition of the Southaven Marriott Portfolio, and the $11 million acquisition of the Fairfield Inn & Suites Buford.  The Southaven Portfolio includes the Courtyard Memphis Southaven (85 keys) and the Residence Inn Southaven (78 keys), both located in Southaven, Mississippi, part of the greater...
Woodvale acquires three hotels in November

Woodvale acquires three hotels in November

WOODVALE, AN ATLANTA-based private equity firm, acquired three hotels in November: the dual-branded Courtyard and Residence Inn Memphis Southaven in Memphis, Tennessee, and the Fairfield Inn & Suites Atlanta Buford Mall of Georgia, Atlanta. The 163-key Memphis hotels were purchased from Chartwell Hospitality, while the 96-room Georgia hotel was acquired from Hotel Equities. Woodvale is...
Atlanta-Based Private Equity Company Woodvale Closes Newest Fund to Acquire Distressed Commercial Real Estate Assets in the Southeast

Atlanta-Based Private Equity Company Woodvale Closes Newest Fund to Acquire Distressed Commercial Real Estate Assets in the Southeast

Woodvale LLC, a private equity commercial real estate firm headquartered in Atlanta, is prepared to outlay up to $100 million through its Woodvale Opportunity Fund.  The newest fund by Woodvale is responding to market trends by focusing on the acquisition of distressed assets in the Southeast. Previous successful funds by Woodvale spurred development of the...
Three Ring Studios Owner Raising $100M To Buy Distressed Real Estate

Three Ring Studios Owner Raising $100M To Buy Distressed Real Estate

The owner of one of Georgia’s largest film and television production campuses is raising money to go after distress in more traditional sectors of commercial real estate. Full story (subscription required) >
Cinelease Studios – Three Ring Breaks Ground on $144 Million Studio Expansion

Cinelease Studios – Three Ring Breaks Ground on $144 Million Studio Expansion

ATLANTA, March 23, 2022 – Cinelease Studios – Three Ring began a new chapter Tuesday with a ceremonial Golden Shovel event, marking the beginning of a $144 million studio expansion that will bring additional productions, new jobs, and a positive economic impact to the region. The event attracted legislators, officials from the Georgia Film Office,...
Cinelease Studios to Expand Georgia Operations

Cinelease Studios to Expand Georgia Operations

Atlanta, GA – January 31, 2022 – Governor Brian P. Kemp today announced that Cinelease Studios will expand its Georgia operations, Three Ring Studio in Covington. Cinelease currently serves the Peach State’s film industry via three locations in Clayton, Gwinnett, and Newton Counties. The expansion at Three Ring will include eight new stages, enhancing the campus to...
CIM Group Provides $72.0 Million for Expansion of Cinelease Film Production Complex in Covington, Georgia

CIM Group Provides $72.0 Million for Expansion of Cinelease Film Production Complex in Covington, Georgia

ATLANTA–CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that a CIM-managed fund has closed a $72.0 million loan to a joint venture between Woodvale and Timber Hill collateralized by Cinelease Studios Three Ring, a 160-acre film production complex in Covington, Georgia. Loan proceeds will be used for the...
Woodvale, Timber Hill Secure Financing for Movie Production Campus Expansion in Covington, Georgia

Woodvale, Timber Hill Secure Financing for Movie Production Campus Expansion in Covington, Georgia

COVINGTON, GA. — A joint venture between Atlanta-based Woodvale LLC and Chicago-based Timber Hill Group has secured an undisclosed amount of construction financing and recapitalization for the expansion of Cinelease Studios – Three Ring, a TV and film production media campus in Covington. Eastdil Secured arranged the financing through Los Angeles-based CIM Group. Pattillo Construction...
CIM-Funded Expansion To Make Covington Studio One Of Georgia’s Largest

CIM-Funded Expansion To Make Covington Studio One Of Georgia’s Largest

A year after introducing Hollywood to Covington, Georgia, the owner of the Cinelease Studios-Three Ring, has secured financing for a massive expansion that will position the new production facility to be among the largest in Georgia. Full story (subscription required) >