Northwind Group Provides $132 Million Loan for Acquisition of LA Office Tower
Northwind Group has originated a $132 million first-mortgage acquisition loan secured by the 55-story office tower at 333 South Grand Avenue in Los Angeles' Bunker Hill submarket. The loan includes an additional $48 million facility for leasing costs, supporting re-engagement with tenants and capital improvements totaling over $63 million.
Topics: loan origination office property acquisition private equity real estate