Centerbridge Partners Funnels Capital to Recreational Realty LLC
Posted on 01/03/2022
Recreational Realty LLC is an owner, operator and developer of specialized recreational vehicle and marine storage facilities. Recreational Realty is getting capital from funds affiliated with Centerbridge Partners, L.P., and entities affiliated with WOJO Capital Partners, LLC.
Recreational Realty is a specialized storage company focused on serving the growing storage needs for recreational and marine vehicles.
Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines —from private equity to credit and related strategies, and real estate. WOJO Capital Partners was founded by Gary Wojtaszek to make investments in fast-growing real estate assets that have the potential to become large-scaled platforms with attractive returns and long term defensibility characteristics. Gary Wojtaszek was previously the CEO of CyrusOne, which he grew from a small, private, regional data center company based in Cincinnati, Ohio to become one of the largest publicly traded REITs in the U.S. with a global presence across the US, Europe, Asia and Latin America. Gary Wojtaszek is also the CEO of Recreational Realty LLC.
Advisors
HaynesBoone acted as legal counsel to WOJO and Recreational Realty LLC. Simpson Thatcher acted as legal counsel to Centerbridge.