A year after closing on an acquisition of 1375 Broadway, affiliates of the American Exchange Group closed on a refinancing package of the building. Bain Capital provided 60 Guilders and Sentry Realty with a $213 million loan backed by the Midtown Manhattan office property, the Commercial Observer reported. (Both 60 Guilders and Sentry are affiliates of American Exchange.) The deal comes barely 12 months after American Exchange closed on its acquisition of the property from Savanna, secured by acquiring a $200 million debt behind the property in August 2024 from Aareal Capital. A Newmark team including Nick Scribani, Ricky Braha […]

This article originally appeared on The Real Deal. Click here to read the full story.