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
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