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SL Green Extends $742.8 million Mortgage on 1515 Broadway

Nov 20, 2024

Contract Type

contract

New YorkReal EstateReal Estate InvestmentProperty ManagementCommercial Real Estate

Description

SL Green Realty Corp. has closed on a modification and extension of the $742.8 million mortgage on 1515 Broadway, extending the maturity date by three years to March 2028 while maintaining the interest rate at 3.93%. The extension provides SL Green and its partners with the time and flexibility needed for its pursuit of Caesars Palace Times Square, bringing world-class entertainment to Times Square.

Quick answer

SL Green Extends $742.8 million Mortgage on 1515 Broadway (November 20, 2024). SL Green Realty Corp is based in New York, New York, United States.

What agreement did SL Green Realty Corp announce on November 20, 2024?
SL Green Realty Corp. has closed on a modification and extension of the $742.8 million mortgage on 1515 Broadway, extending the maturity date by three years to March 2028 while maintaining the interest rate at 3.93%. The extension provides SL Green and its partners with the time and flexibility needed for its pursuit of Caesars Palace Times Square, bringing world-class entertainment to Times Square.
What does SL Green Realty Corp do?
SL Green Realty Corp., Manhattan’s largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial...
Where is SL Green Realty Corp based?
SL Green Realty Corp is based in New York, New York, United States.

Source: Fundz verified event record.

Company Information

Company

SL Green Realty Corp

Location

New York, New York, United States

About

SL Green Realty Corp., Manhattan’s largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of September 30, 2023, SL Green held interests in 59 buildings totaling 32.5 million square feet. This included ownership interests in 28.8 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.