Ran Eliasaf & Michael Ainbinder Of Northwind Group Provide $58.5M Loan For Chicago Office Acquisition
175 West Jackson Boulevard
$58,500,000
Building Size
—
Asset Type
Office
Closing
Jan 29, 2026
AI
The property asset involved in the transaction is located at 175 West Jackson Boulevard, Chicago, IL, and is classified as an office building. The acquisition loan amount for this property is $58,500,000, facilitated by the lenders, Ran Eliasaf and Michael Ainbinder from Northwind Group.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $58,500,000
- Lender: Ran Eliasaf & Michael Ainbinder - Northwind Group
- Landlord: 601W Companies & David Werner Real Estate Investments
- Loan Type: Acquisition
The deal involves key individuals and companies such as the landlords, 601W Companies and David Werner Real Estate Investments, who are significant stakeholders in the transaction, representing the property interests associated with 175 West Jackson Boulevard. For any future opportunities, interested parties are encouraged to contact the lenders at [email protected].
Players
Chicago Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93