Oxford Capital Group, LLC with Angelo, Gordon & Co. have acquired the landmark London Accident & Guarantee Building designed by famed architect Alfred S. Alschuler at 360 N. Michigan Avenue in Chicago along with an adjacent parcel of land at 77 East Wacker Drive.  The plan is to convert the properties into a new lifestyle hotel above two stories of upscale retail.    Built on the site of historic Fort Dearborn in 1923, the 280,000 square foot, 21‐story London Accident & Guarantee Building is a Chicago Landmark located on the southwest corner of North Michigan Avenue and Wacker Drive. It is one of the four 1920s flanks of the North Michigan Avenue Bridge, along with the Wrigley Building, Tribune Tower and 333 North Michigan Avenue. A large relief above the entrance commemorates Fort Dearborn.

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