Kevin Chisholm Of 60 Guilders & Sentry Realty Refinances 1375 Broadway Office For $213M
1375 Broadway
$213,000,000
$409/SF
Building Size
520,000 SF
Asset Type
Office
Closing
Jan 26, 2026
AI
1375 Broadway is a 520,000-square-foot office asset located in the Manhattan market. The property has undergone a refinancing process with a loan amount of $213,000,000, facilitating the financial restructuring of the asset.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $213,000,000
- Lender: Bain Capital
- Landlord: Kevin Chisholm - 60 Guilders & Sentry Realty
- Loan Type: Refinance
- Address: 1375 Broadway
- Date: 01/26/2026
- Market: Manhattan
The refinancing deal involved a joint venture between 60 Guilders and Sentry Realty, with the financing arranged by Newmark. The transaction is significant in the context of office space financing in Midtown Manhattan.
Players
New York Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93