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
SL Green Realty downgraded to Hold on lack of value creation at Stifel As previously reported, Stifel downgraded SL Green Realty to Hold from Buy. The firm said the company's value creation stagnated in the first half of 2015, which will be a drag on valuation.