Core Viewpoint - SL Green Realty Corp. and Rockpoint have formed a joint venture for the ownership of 100 Park Avenue, with SL Green selling a 49% interest at a gross asset valuation of $425 million, highlighting the strength of high-quality office assets in Manhattan's improving market [1][2]. Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and a fully integrated real estate investment trust (REIT) focused on acquiring, managing, and maximizing the value of Manhattan commercial properties. As of September 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet, including 27.1 million square feet of Manhattan buildings [5]. - Rockpoint is a real estate private equity firm that employs a fundamental value approach to investing, targeting select product types and markets throughout the U.S. The firm has sponsored 19 investment vehicles and has invested or committed to invest in 512 transactions with a total peak capitalization of approximately $81 billion since its inception in 1994 [6]. Investment Details - The joint venture involves 100 Park Avenue, a 36-story office tower in Midtown Manhattan, which spans 905,000 square feet and features a recently renovated amenity center. Major tenants include Alphasights and Alvarez & Marsal Holdings, with significant lease agreements signed in 2022 and 2024 [3][4]. - The transaction reflects Rockpoint's disciplined investment strategy in the office sector, marking its first significant post-COVID office investment, and is seen as an attractive opportunity given the favorable supply/demand dynamics for high-quality properties in New York [2][3].

Core Viewpoint - Vision Capital Corp has completely exited its position in SL Green Realty, indicating a cautious stance on the office real estate sector amid ongoing market challenges [2][3][10]. Company Overview - SL Green Realty Corp is the largest office landlord in Manhattan, focusing on high-value commercial properties and operating as a real estate investment trust (REIT) [5]. - As of the latest data, SL Green's stock price is $45.87, with a market capitalization of $3.48 billion and a revenue of $910.38 million over the trailing twelve months (TTM). The company also offers a dividend yield of 6.7% [5]. Recent Performance - In the third quarter, SL Green reported funds from operations of $1.58 per share, an increase from $1.13 per share a year earlier. Same-store occupancy rose to 92.4%, with management projecting it to reach 93.2% by year-end. Additionally, leasing activity improved significantly, with over 650,000 square feet signed during the quarter [9]. - Despite these positive indicators, SL Green's stock has declined approximately 32% over the past year, reflecting ongoing concerns regarding office demand, refinancing risks, and the impact of long-term work-from-home trends [4][10]. Investor Sentiment - Vision Capital's decision to liquidate its entire stake, which previously constituted 9.13% of its assets under management (AUM), suggests that some investors remain wary of the office sector's recovery potential, favoring investments in areas with clearer demand visibility and more stable cash flows [3][10]. - The remaining top holdings of Vision Capital are skewed towards residential and industrial firms, indicating a shift in investment strategy towards sectors perceived to have more favorable market conditions [10].

Core Viewpoint - Vision Capital Corp has fully liquidated its position in SL Green Realty, indicating ongoing skepticism in the office real estate market despite some positive leasing progress by the company [1][2][7]. Company Overview - SL Green Realty Corp is the largest office landlord in Manhattan, focusing on high-value commercial properties and operating as a real estate investment trust (REIT) [5]. - As of the latest report, SL Green's market capitalization stands at $3.48 billion, with a revenue of $910.38 million over the trailing twelve months (TTM) and a dividend yield of 6.7% [4]. Recent Performance - In the third quarter, SL Green reported funds from operations of $1.58 per share, an increase from $1.13 a year earlier, and same-store occupancy rose to 92.4%, with expectations of reaching 93.2% by year-end [6]. - The company signed over 650,000 square feet in leasing activity during the quarter, indicating a meaningful uptick in leasing [6]. Market Sentiment - Despite the positive operational metrics, SL Green's stock has declined approximately 32% over the past year, underperforming the S&P 500, which has increased by about 16% in the same period [3][7]. - The exit of Vision Capital suggests that concerns regarding office demand, refinancing risks, and the long-term impact of remote work continue to overshadow the company's incremental progress [7][9].

Core Insights - SL Green Realty Corp. (NYSE:SLG) is recognized as one of the 13 highest paying monthly dividend stocks to buy [1] Group 1: Analyst Ratings and Price Targets - Ladenburg analyst Floris van Dijkum reduced the price target for SL Green to $50 from $60 while maintaining a Neutral rating following the company's investor day [2] - Mizuho also lowered its price target for SL Green to $47 from $67, keeping a Neutral stance, citing a "fairly valued" office sector with limited earnings growth expected [3] Group 2: Company Developments - On December 5, SL Green acquired a 39.48% stake in 800 Third Avenue from its joint venture partners for $5.1 million, gaining full ownership of the property [4] - The acquisition is noted as a significant achievement for SL Green in a challenging post-COVID environment for office landlords [5] Group 3: Occupancy Rates - SL Green reported that same-store Manhattan office occupancy increased to 92.4% in Q3 2025, with expectations to reach 93.2% by December 31, 2025 [5]

Core Viewpoint - SL Green Realty (SLG), Manhattan's largest office landlord, is currently trading at some of the lowest levels since the Financial Crisis, presenting a solid investment opportunity despite having doubled in value since 2023 [1] Company Overview - SL Green Realty is identified as the largest office landlord in Manhattan, indicating a significant position in the commercial real estate market [1] - The stock has shown a notable recovery, having doubled since the beginning of 2023, yet it remains at historically low trading levels [1] Investment Potential - The current trading levels of SLG suggest potential for further appreciation, making it an attractive option for value investors [1] - The analysis indicates that despite the recovery, the stock still offers a solid opportunity for investment [1]

Core Viewpoint - SL Green Realty (SLG), Manhattan's largest office landlord, is currently trading at some of the lowest levels since the Financial Crisis, presenting a solid investment opportunity despite having doubled in value since 2023 [1] Company Overview - SL Green Realty is identified as the largest office landlord in Manhattan [1] - The stock has shown significant growth, doubling since the beginning of 2023, yet it remains at historically low trading levels [1] Investment Potential - The current trading levels of SLG are among the lowest since the Financial Crisis, indicating potential for future appreciation [1] - The analysis suggests that despite recent gains, the stock still offers a compelling opportunity for investors [1]

Core Viewpoint - SL Green Realty Corp. will release its fourth quarter 2025 earnings on January 28, 2026, followed by a conference call on January 29, 2026, to discuss the financial results [1][2]. Group 1: Earnings Release and Conference Call - The earnings release for the fourth quarter of 2025 is scheduled for January 28, 2026, after market close [1]. - A conference call and audio webcast will be hosted by the executive management team on January 29, 2026, at 2:00pm ET [2]. - Supplemental data will be available in the Investors section of the SL Green Realty Corp. website at the time of the earnings release [2]. Group 2: Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and operates as a fully integrated real estate investment trust (REIT) [4]. - As of September 30, 2025, the company held interests in 53 buildings totaling 30.7 million square feet, including 27.1 million square feet of Manhattan buildings [4]. - The company also has 2.7 million square feet securing debt and preferred equity investments [4].

Core Insights - San Lorenzo Gold Corp. has received conditional approval for a non-brokered best-efforts private placement of Units from the TSX Venture Exchange, with the first closing completed on December 19, 2025, involving the issuance of 4,110,226 Units for gross proceeds of $2,548,340.12 [1] - Each Unit consists of one common share and one half of a purchase warrant, with full Warrants allowing the purchase of additional Common Shares at $0.80 for two years [1] - The company has received subscription agreements exceeding the increased maximum of $5,000,000 and anticipates closing on those additional subscriptions [2] Financial Details - The First Closing resulted in gross proceeds of $2,548,340.12, with cash commissions totaling $81,329.95 and the issuance of 131,177 broker warrants [1] - Each broker warrant allows the holder to acquire a Common Share at a price of $0.80 for one year from the Closing Date [1] Company Focus - San Lorenzo is advancing its flagship Salvadora property located in Chile's mega-porphyry belt, with prior drilling results indicating significant gold and copper enriched systems [2]

Core Viewpoint - SL Green Realty Corp. has declared a quarterly dividend of $0.40625 per share on its Series I Preferred Stock, equivalent to an annualized dividend of $1.625 per share, payable on January 15, 2026 [1] Group 1: Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and operates as a fully integrated real estate investment trust (REIT) focused on acquiring, managing, and maximizing the value of Manhattan commercial properties [2] - As of September 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet, including ownership interests in 27.1 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments [2]

Group 1 - The company San Lorenzo Gold Corp. has increased the maximum size of its non-brokered private placement from $4,000,000 to $5,000,000 due to significant investor demand [1] - The closing date for the private placement is scheduled for December 19, 2025 [1] - San Lorenzo has received expressions of interest that exceed the increased maximum offering, indicating strong market interest [1] Group 2 - San Lorenzo is focused on advancing its flagship Salvadora property located in Chile's mega-porphyry belt [2] - Previous drilling programs on four different targets have suggested the presence of significant gold and copper enriched epithermal and porphyry style systems within the Salvadora property [2]