601W Companies Secures $180 Million Acquisition Loan From Northwind Group For Office Asset In Los Angeles

The property asset involved in the transaction is an office building located at 333 South Grand Avenue, Los Angeles, CA, encompassing a total square footage of 1,416,000. The loan amount secured for the acquisition is $180,000,000, with the loan terms set at a duration of 30 months.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $180,000,000
• Lender: Northwind Group
• Landlord: 601W Companies
• Loan Type: Acquisition
• Loan Terms: 30 Months

Key individuals in the transaction include Ran Eliasaf and Michael Ainbinder, who are associated with the financing arrangement. Their involvement highlights the collaborative effort in securing the loan for the specified property acquisition.