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Glenn August And Tim Callahan Secure $700 Million Refinance Loan For Office At 110 North Wacker Drive

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FINANCED
$700,000,000
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 2

Illinois

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Office1,522,000 SF
Financed 12/02/2025
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Property Image
FINANCED

Glenn August And Tim Callahan Secure $700 Million Refinance Loan For Office At 110 North Wacker Drive

110 North Wacker Drive

See Similar Deals
Office1,522,000 SF
Financed 12/02/2025
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 2
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$459
Total Square Footage:1,522,000 SF
Transaction Type:Loan

The property asset involved in this loan transaction is an office building located at 110 North Wacker Drive in Chicago, IL. The total square footage of the asset is 1,522,000. The loan amount for this refinancing transaction is set at $700,000,000.

Summary of transaction details:

Key individuals involved in the deal include Glenn August and Tim Callahan as the landlords, representing Oak Hill Advisors and Callahan Capital Partners respectively. Additionally, the landlord's representatives include Jordan Roeschlaub, Nick Scribani, Chris Lozinak, and Tim Polglase from Newmark, who facilitated this refinancing transaction.

Players

Nick Scribani
191 deals$55.1B volume(212) 372-2113
BROKER

Tim Polglase
Newmark
9 deals$3B volume
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

Chris Lozinak
Newmark
10 deals$2.6B volume
BROKER

Wells Fargo
LENDER

Details

FINANCED
IMAGE: Jordan Roeschlaub, Nick Scribani, Jamie Dimon, Charles Scharf, Glenn August, Tim Callahan, Brian Moynihan, David Solomon, Darryl White, Chris Lozinak & Tim Polglase DATE: 12/2/2025 ADDRESS: 110 North Wacker Drive MARKET: Chicago, IL ASSET TYPE: Office ~ SF: 1,522,000 LENDER: Jamie Dimon - JPMorgan (@JPMorgan), Charles Scharf - Wells Fargo (@WellsFargo), Brian Moynihan - Bank of America (@BankofAmerica), David Solomon - Goldman Sachs (@GoldmanSachs) & Darryl White - BMO (@BMO_US) LANDLORD: Glenn August - Oak Hill Advisors & Tim Callahan - Callahan Capital Partners LANDLORD'S REP: Jordan Roeschlaub (@JordyRoeschlaub), Nick Scribani (@ScribSays), Chris Lozinak & Tim Polglase - Newmark (@Newmark) LOAN AMOUNT: $700,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$700,000,000.00

Monthly NOI$4,666,666.67
Monthly Debt Service$4,424,476.16
Change in Cash Flow$0.00
Refinance Proceeds$0.00