WEDGE Dia-log was formed in 1996 with the acquisition of The Dia-Log Company and Log-Tech Wireline, which were merged with WEDGE Wireline forming one of the world’s major cased hole wireline companies. In 1998, the company was sold to Western Atlas for approximately $165 million.
PRIVATE INVESTMENTS
REALIZED REAL ESTATE INVESTMENTS
Tonopalo is a 133-unit fractional lakefront resort development on Lake Tahoe’s north shore. The project was completed in 2004 and units were sold out by 2006 at a total sellout more than $60.0 million.
In 1982, WEDGE developed the original first class hotel on Paradise Island, Bahamas and completed construction of a bridge to Nassau. In 1997, WEDGE assumed direct management of the property. The property was sold in 2004 to Riu Hotels.
This prestigious community began in 1981 with WEDGE’s purchase of 2,350 undeveloped acres in Vail Valley. WEDGE added $50.0 million in infrastructure, including the Jack Nicklaus designed Country Club of the Rockies, and built $80.0 million or over 150 residential properties. The development was sold to Vail Associates in 1993.
Additional other hotel and office realized investments:
- Radisson Heritage Hotel – Chelmsford, MA
- Days Inn – Saugus, MA
- Stonehill Corporate Center – Saugus, MA
- Hampton Inn – Portsmouth, NH
- Calistoga Ranch, Napa, CA
- Courtyard by Marriott – Shelton, CO
- Central Park Plaza – Omaha, NE
- Yorktown Plaza – Houston, TX
- DoubleTree Maple Hotel – Chelsea, MA
- Hilton Garden Inn – Winston/Salem, NC
- Sheraton Suites – Houston, TX
- P&S Business Park- Houston, TX
- Las Cimas I- Austin, TX
- Hampton-Inn Athens- Athens, AL
- Hilton Garden Inn-Huntsville- Huntsville, AL
REALIZED PRIVATE EQUITY INVESTMENTS
