Ran Eliasaf And Michael Ainbinder Of Northwind Group Provide $401 Million Bridge Loan For Development Site

The property involved in this transaction is a development site located at 2200 PGA Boulevard in the North Palm Beach market. The loan amount secured for this development site is $401,000,000 under a bridge loan type.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $401,000,000
• Lender: Michael Ainbinder & Ran Eliasaf - Northwind Group
• Landlord: Dan Catalfumo - Catalfumo Companies
• Landlord's Representative: Scott Wadler, Michael Basinski, Mitch Sinberg, Matt Robbins, Brad Williamson & Matthew Monahemi - Berkadia

This transaction highlights the roles of key individuals and companies involved. Michael Ainbinder and Ran Eliasaf from Northwind Group provided the financing, while Dan Catalfumo represented the Catalfumo Companies as the landlord. The landlord's representation was handled by a team from Berkadia, underscoring the collaborative effort in this significant loan arrangement.