SL Green Realty closes on $900M first mortgage refinancing of 1515 Broadway SL Green Realty announced that it has closed on a $900M first mortgage refinancing of 1515 Broadway. The new 12-year, 3.93% fixed rate mortgage financing replaces the former $775M mortgage loan. The refinancing follows the April 2012 renewal by Viacom of 1.6 million square feet at the office tower through 2031. SL Green will recognize approximately $116M in net proceeds from the transaction.sented the lender gr
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SL Green Realty consolidates ownership of Citigroup's headquarters property SL Green Realty Corp. (SLG) announced an agreement to acquire Ivanhoe Cambridge’s stake in 388-390 Greenwich Street, thereby assuming full ownership of Citigroup Inc.’s (C) headquarters 2.6 million square foot property located in Tribeca. The transaction values the consolidated investment interest at $1.585B. Callahan Capital Properties served as an advisor to Ivanhoe Cambridge for this transaction. Closing is anticipated to occur during 2Q14.