Kevin Chisholm Of 60 Guilders And Alen Mamrout Of Sentry Realty Secure $238.54M Loan In Midtown Manhattan
1441 Broadway
$238,537,000
$430/SF
Building Size
554,000 SF
Asset Type
Office
Closing
Jul 24, 2026
AI
The asset involved in this transaction is an office property located at 1441 Broadway in Midtown Manhattan, encompassing a total square footage of 554,000. The transaction took the form of an acquisition loan amounting to $238,537,000, facilitating the purchase of the asset.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $238,537,000
- Loan Type: Acquisition
- Lender: Drew McKnight & Jack Neumark - Fortress
- Borrower: Kevin Chisholm - 60 Guilders & Alen Mamrout - Sentry Realty
- Landlord's Representative: Jordan Roeschlaub, Nick Scribani, Ricky Braha, Tim Polglase & Niv Shahmoon - Newmark
The deal involved notable individuals, including Drew McKnight and Jack Neumark from Fortress as lenders, while Kevin Chisholm and Alen Mamrout represented the borrowing entities, 60 Guilders and Sentry Realty, respectively. The landlord's representatives from Newmark comprised Jordan Roeschlaub, Nick Scribani, Ricky Braha, Tim Polglase, and Niv Shahmoon, showcasing a collaboration of significant industry expertise in the completion of the transaction.
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