Accesso Partners Acquired by Bixby Bridge Capital | Real Estate Services M&A Deal

Bixby Bridge Capital has completed the acquisition of Accesso Partners, a real estate services other business in Illinois, for $16 million. The Accesso Partners acquisition centers on a distressed Loop office loan tied to the 200 West Monroe Street property in Chicago’s financial district. Bixby Bridge Capital acquisitions target discounted debt to reposition real estate services M&A assets through leasing and lower-cost operations in IL acquisitions. The divestiture acquisition is a private equity acquisition announced deal size in the $10M–$25M range, reflecting a third discounted Chicago office play for the Bixby and Franklin partnership. The loan note was marketed for sale by Newmark brokers on behalf of the lender, supporting a low-basis entry into an underwater Chicago office market.