SL Green Closes $215M Refinancing Of NYC Property
Stock quotes in this article:
SLG
NEW YORK (AP) SL Green Realty Corp. said Wednesday it closed its $215 million refinancing of a Park Avenue property in New York.
The real estate investment trust said the redevelopment generated $40 million in proceeds to the joint venture that owns the property at 100 Park Ave. The building's new mortgage was provided by a bank group led by DekaBank and Helaba. The company said the financing was provided at a 6.64 percent fixed rate and matures in 2014 with two one-year extension options. It allows the joint venture to retire its former $175 million mortgage on the property. Shares of SL Green rose 21 cents to $44.19 in morning trading.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
Connect with TheStreet
 |
 |
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.58 | 1,108.86 | 2,175.81 | 32.75 |
Oil *
79.69
|
|
UP
126.74
|
UP
13.23
|
UP
31.21
|
UP
0.74
|
10 Yr
3.28%
SPDR Gold
117.38
|
|
+1.23%
|
+1.21%
|
+1.46%
|
+2.31%
|
Data delayed 20 minutes |
