BGL Real Estate Advisors Announces Sale Leaseback for the Indoor Waterpark at Hall of Fame Village – QNT Press Release


CLEVELAND, Nov. 23, 2022 /PRNewswire/ — Brown Gibbons Lang & Company (BGL) is pleased to announce the financial closing of a sale-leaseback transaction for the 147,000 square foot, football themed, indoor Waterpark at the Hall of Fame Village powered by Johnson Controls in Canton, Ohio with Blue Owl’s Real Estate Division, Oak Street.

BGL’s Real Estate Advisors have facilitated development financing for five components of the HOFV project.

The Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ:HOFV) is a leading sports, entertainment, and media enterprise headquartered in Canton, Ohioand is the owner of the Hall of Fame Village. Established in 2020, the publicly traded company is the result of a business combination between HOF Village, LLC — a partnership between the Pro Football Hall of Fame and Industrial Realty Group (IRG), established in 2016 — and Gordon Pointe Acquisition Corp (GPAQ). Under the leadership of seasoned executive Michael CrawfordPresident & CEO, HOFV is poised to capitalize on its unique partnership with professional football. This platform allows for the continued development of an integrated resort complex that is the Hall of Fame Village, as well as other gaming and media verticals.

“Blue Owl is pleased to work with HOFV on the financing of such an important component of the Hall of Fame Village and to continue their partnership with IRG, one of the leading industrial developers in the country,” said Colleen CollinsManaging…

Full story available on Benzinga.com



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