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1441 Broadway

Kevin Chisholm Of 60 Guilders And Alen Mamrout Of Sentry Realty Secure $238.54M Loan In Midtown Manhattan
FINANCEDOffice

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:

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

Nick Scribani

Newmark

Broker

$56.5B

vol

200 deals

Broker
Kevin Chisholm

Kevin Chisholm

60 Guilders

Buyer

$895.4M

vol

11 deals

Buyer

Drew McKnight

Fortress Investment Group

Lender

$724.4M

vol

6 deals

Lender
Fortress Investment Group
Fortress Investment GroupLender

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