Workflow
SL Green Realty refinances Manhattan property 11 Madison Avenue (SLG:NYSE)
SL GreenSL Green(US:SLG) Seeking Alphaยท2025-09-22 14:59

Core Viewpoint - SL Green Realty announced a $1.4 billion refinancing deal for 11 Madison Avenue, indicating a strategic move to manage its financing structure effectively [5] Financing Details - The refinancing is a five-year, fixed-rate arrangement for the 30-story tower located in Manhattan's Midtown South neighborhood [5] - The original acquisition of 11 Madison Avenue was completed in 2015 for $2.285 billion, financed through a $1.4 billion ten-year, interest-only, fixed-rate loan [5]