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Article: $50M Resort Sold, and 68 Small Banks Fund the Deal.(Black Wolf Lodge in Wisconsin Dells)(Brief Article)
- Article from:
- American Banker
- Article date:
- January 4, 2000
- Author:
CopyrightCOPYRIGHT 2000 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In what lenders say is the largest community bank collaboration ever, 68 midwestern banks have teamed up to fund a $49.5 million syndicated loan financing the purchase of a Wisconsin resort hotel.
Tama State Bank, a $63 million-asset institution in Marshalltown, Iowa, took $700,000 of the loan, which was arranged by Bankers' Bank of Madison, Wis. Participating in large loans has helped reduce Tama's dependence on agriculture lending from about 85% of its portfolio in the 1980s to 8% today, said William J. Beohm, its president and chief executive officer.
"I don't know if there will be another $50 million loan available to participate in soon, but I'm ...
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Article: Splish Splash.(Wisconsin Dells)
Travel America;
January 1, 2001 ;
700+ words
...Wisconsin Dells water park hotels invite families to ... destinations in themselves. Year-round, Wisconsin Dells visitors can escape to Africa or medieval ... 309-room hotel, formerly known as Black Wolf Lodge, were handcrafted by top artisans ...
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