SL Green Realty, JV Partners Extend $1.25 Billion Mortgage for One Madison Avenue to 2027

MT Newswires Live

2024/12/03

SL Green Realty (SLG) and its joint venture partners said Tuesday they have modified and extended their $1.25 billion mortgage for the One Madison Avenue property in Manhattan, pushing the final payment date to Nov. 2027.

The new agreement keeps the interest rate at 3.10% over the Term Secured Overnight Financing Rate and allows for lower rates if leasing goals are met, the company said.

Price: 74.53, Change: -1.21, Percent Change: -1.60

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