601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount

Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured by 333 S. Grand Ave., a 55-story, Class A office tower totaling over 1.4 million rentable square feet in the Bunker Hill submarket of Downtown Los Angeles. The loan funds the acquisition of the property,...