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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:07 EDTSLGSL 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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September 16, 2014
08:06 EDTSLGSL Green Realty, Moinian JV sells office tower
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08:06 EDTSLGSL Green Realty to acquire commercial condominium units in Manhattan for $275M
SL Green Realty Corp. announced that it has entered into an agreement to acquire commercial condominium units in the newly constructed Midtown Manhattan class-A office property located at 55 West 46th Street for $275M. SL Green will acquire 319,000 square feet consisting of vacant office space on floors 22 – 34, a retail store on 46th street and the building’s parking garage and fitness center. As part of the agreement, the seller has the option to include the 2nd floor in the transaction, which consists of 28,000 square feet, for an additional purchase price of $20M. The transaction, which is subject to customary closing conditions, is expected to be completed before the end of 2014.

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