SL Green Secures Extension of $742.8M Mortgage on 1515 Broadway
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SL Green Realty Corp. has successfully secured an extension for a $742.8 million mortgage on its 1515 Broadway property. This move is expected to enhance the company's debt maturity profile.
November 21, 2024 | 7:00 pm
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SL Green Realty Corp. has extended a $742.8 million mortgage on 1515 Broadway, which is expected to improve its debt maturity profile.
The extension of the mortgage allows SL Green to manage its debt more effectively, potentially reducing financial pressure and improving liquidity. This is a positive development for the company's financial health, likely leading to a favorable short-term impact on its stock price.
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