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1375 Broadway

Kevin Chisholm And Mark Magarity Landlords Complete $210M Refinance Loan At 1375 Broadway
FINANCEDOffice

Kevin Chisholm And Mark Magarity Landlords Complete $210M Refinance Loan At 1375 Broadway

1375 Broadway

$210,000,000

$404/SF

Building Size

519,725 SF

Asset Type

Office

Closing

Jan 22, 2026

AI

The property asset involved in the transaction is located at 1375 Broadway in Manhattan. This office asset encompasses a total square footage of 519,725. The transaction was a refinance for a loan amount of $210,000,000.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $210,000,000
  • Address: 1375 Broadway
  • Market: Manhattan
  • Loan Type: Refinance
  • Lender: John Connaughton - Bain Capital
  • Landlord: Kevin Chisholm - 60 Guilders & Mark Magarity - Sentry Realty
  • Landlord's Representatives: Jordan Roeschlaub, Nick Scribani & Tim Polglase - Newmark

Key individuals involved in the transaction include John Connaughton representing Bain Capital as the lender, and landowners Kevin Chisholm along with Mark Magarity, who represent 60 Guilders and Sentry Realty, respectively. The landlord's representatives are Jordan Roeschlaub, Nick Scribani, and Tim Polglase from Newmark.

Players

Nick Scribani

Newmark

Broker

$55.4B

vol

195 deals

Broker
Newmark
NewmarkBrokerage

John Connaughton

Bain Capital

Lender

$236M

vol

2 deals

Lender
Bain Capital
Bain CapitalLender
Kevin Chisholm

Kevin Chisholm

60 Guilders

Landlord

$206.8M

vol

8 deals

Landlord
60 Guilders
60 GuildersLandlord

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

0.08%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93