Crestline Investors, Inc. (“Crestline”) is pleased to announce the closing of a senior loan to Windfall Group. This loan will support Windfall Group's acquisition of a fully leased, retail property in Chicago, IL. The financing will also facilitate tenant improvements and property enhancements.
“We are excited to partner with Windfall Group as they expand their retail portfolio with this quality asset,” said James Delaune, Senior Managing Director at Crestline Investors. “This property’s strong tenant mix, prime location, and Windfall Group’s proven expertise in Asian-focused retail and dining concepts make this a compelling investment.”
The property is situated in a high-foot-traffic area with strong visibility and tourist appeal and features a stable, restaurant focused tenant base. Windfall Group brings extensive experience in activating and enhancing retail spaces, having successfully executed similar strategies on a larger scale.
“This acquisition is an exciting opportunity to build upon our vision of delivering vibrant, experience-driven retail and dining destinations,” said Eddie Ni, Founder and President of Windfall Group. “We appreciate Crestline’s support in bringing this project to life, and we look forward to strengthening the property’s appeal while continuing to serve our tenants and the broader Chicago community.”
Longline Holdings partnered with Crestline in originating the transaction and will service the loan post-close.
About Crestline Investors
Crestline Investors, Inc. is an alternative investment management firm founded in 1997 and based in Fort Worth, Texas, with affiliate offices in London, New York, Toronto, and Tokyo. The firm has approximately $18 billion in assets under management (as of December 31, 2024), and is specialized in private credit strategies, offering a diverse range of investment solutions across its direct lending, opportunistic, and portfolio finance platforms. For more information, visit www.crestlineinvestors.com.
About Windfall Group
The Windfall Group was formed in 2003 and focuses on both the development of strategically located commercial and residential assets and the redevelopment of existing value-add commercial and residential properties that are in need of renovation and/or repositioning. The Windfall Group has been involved in the acquisition, development, renovation, leasing, and/or management of over 7 million SF of commercial real estate projects with over 2 million SF under development. For more information, visit www.windfallusa.com.
About Longline Holdings
Longline Holdings, LLC is an investment holding company based in Atlanta, GA comprised of Longline Financial and Longline Properties. Founded in 2019, Longline invests in real estate and hard assets, related credit strategies and select operating companies. Longline invests nationally with a focus on the Southeast U.S. Since inception Longline has invested $500 million of equity across its platform on behalf of institutional and individual investors and for its own account. For more information, visit www.longlineholdings.com.
This financial promotion is issued by Crestline Management, LP and Crestline Europe, LLP (together "Crestline"). Crestline Europe, LLP is authorized and regulated by the Financial Conduct Authority (FCA). The material is not intended to be a formal research report and nothing in this presentation should be interpreted to state or imply that past results are an indication of future performance. Any opinions expressed herein are our current opinions only. There can be no assurance or guarantee that Crestline's investment strategy will achieve its stated goal. All information provided in this presentation is for informational purposes only Crestline accepts no liability for loss arising from the use of this material. In the United Kingdom, this communication is being made only to, or directed only at, persons who are: (i) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FP Order”); (ii) high net worth companies and certain other entities falling within Article 49 of the FP Order; or (iii) any other persons to whom such communication may lawfully be made. It must not be acted, or relied, upon by any other persons.
