Newmark Arranges $210 Million Refinancing of Newly Repositioned Office Tower 1375 Broadway

January 26, 2026 9:00 AM

Newmark announces the Company has arranged a $210 million loan on behalf of 60 Guilders and Sentry Realty to refinance 1375 Broadway, a recently repositioned, 520,000-square-foot office tower located in Manhattan.

Newmark Vice Chairman Nick Scribani, Senior Managing Director Ricky Braha, Associate Director Tim Polglase and Niv Shahmoon secured the financing from Bain.

1375 Broadway has undergone a comprehensive repositioning program, highlighted by the recent delivery of a 6,000-square-foot rooftop terrace offering unobstructed views of Hudson Yards, the Empire State Building and Times Square. Additional upgrades include a redesigned lobby and entrance, refreshed common areas and modern tenant lounges designed to support today’s office users.

The property is strategically located at the nexus of New York City’s most critical transportation infrastructure, with direct access to Penn Station, the Port Authority Bus Terminal, Grand Central Terminal, Metro-North and the Long Island Railroad, positioning it as a highly connected Midtown office destination.

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2025, Newmark generated revenues of over $3.1 billion. As of September 30, 2025, Newmark and its business partners together operated from approximately 170 offices with over 8,500 professionals across four continents. To learn more, visit nmrk.com or follow @newmark.

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