SLG

SL Green Realty Corp. Announces Common Stock Dividend

Retrieved on: 
Friday, April 19, 2024
SL Green Realty, SLG

NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share.

Key Points: 
  • NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share.
  • The dividend is payable in cash on May 15, 2024 to shareholders of record at the close of business on April 30, 2024.

SL Green Realty Corp. Reports First Quarter 2024 EPS of $0.20 Per Share; and FFO of $3.07 Per Share

Retrieved on: 
Wednesday, April 17, 2024
Investment, The Company, HNA, IM, SL Green Realty, Palisade, CSA, GAAP, SLG, One Vanderbilt, News, Conference, Madison Avenue, EPA, FFO, McDermott Will & Emery, Consultant, Organization, Sale, Tenant, Seventh Avenue, Flutter Entertainment, Acquisition, Trust, REIT, Fifth Avenue, NOI, Security (finance)

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the "Company") (NYSE: SLG) today reported a net income attributable to common stockholders for the quarter ended March 31, 2024 of $13.1 million, or $0.20 per share, as compared to a net loss of $39.7 million, or $0.63 per share, for the same quarter in 2023.

Key Points: 
  • Signed 60 Manhattan office leases covering 633,660 square feet in the first quarter of 2024.
  • The acquisition is expected to close in the fourth quarter of 2024.
  • The sale is expected to close in the second quarter of 2024 and generate net proceeds of $20.0 million.
  • As of March 31, 2024, SL Green held interests in 57 buildings totaling 32.4 million square feet.

SL Green Completes $2.1 Billion of Debt Refinancings

Retrieved on: 
Wednesday, April 17, 2024
Sale, SL Green Realty, Partnership, Conference, HNA, Acquisition, Palisade, SLG, Life insurance

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has completed $2.1 billion of strategic debt modifications and extensions across its portfolio as part of its strategy to refinance, modify or extend at least $5.0 billion of existing debt.

Key Points: 
  • NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has completed $2.1 billion of strategic debt modifications and extensions across its portfolio as part of its strategy to refinance, modify or extend at least $5.0 billion of existing debt.
  • 280 Park Avenue Mortgage Loan: Together with its joint venture partner, the Company closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue.
  • The interest rate was maintained at 1.78% over Term SOFR, which the Company fixed at 5.91% for its share of the debt through the fully extended maturity date.
  • “We are working diligently to execute our very ambitious 2024 business plan, which includes strategic asset sales and the extension of our debt maturity profile.

SL Green and Vornado Announce 280 Park Avenue Mezzanine Loan Repayment

Retrieved on: 
Wednesday, April 17, 2024
Newmark, SL Green Realty, Vornado Realty Trust, VNO, SLG

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) modified and extended the $125.0 million mezzanine loan on 280 Park Avenue and subsequently repaid the loan for $62.5 million.

Key Points: 

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) modified and extended the $125.0 million mezzanine loan on 280 Park Avenue and subsequently repaid the loan for $62.5 million.
Newmark advised the parties on the transaction.

SL Green and Vornado Announce 280 Park Avenue Mortgage Loan Refinancing

Retrieved on: 
Wednesday, April 17, 2024
SL Green Realty, Vornado Realty Trust, VNO, SLG

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue.

Key Points: 
  • NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue.
  • The modification extended the maturity date to September 2026, with the partnership’s option to extend to a fully extended maturity date of September 2028.
  • The interest rate was maintained through the fully extended maturity date at 1.78% over Term SOFR.

SL Green and Vornado Announce 280 Park Avenue Mortgage Loan Refinancing

Retrieved on: 
Wednesday, April 17, 2024
SL Green Realty, Vornado Realty Trust, VNO, SLG

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue.

Key Points: 
  • NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) closed on a modification and extension of the $1.075 billion securitized mortgage on 280 Park Avenue.
  • The modification extended the maturity date to September 2026, with the partnership’s option to extend to a fully extended maturity date of September 2028.
  • The interest rate was maintained through the fully extended maturity date at 1.78% over Term SOFR.

SL Green and Vornado Announce 280 Park Avenue Mezzanine Loan Repayment

Retrieved on: 
Wednesday, April 17, 2024
Newmark, SL Green Realty, Vornado Realty Trust, VNO, SLG

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) modified and extended the $125.0 million mezzanine loan on 280 Park Avenue and subsequently repaid the loan for $62.5 million.

Key Points: 

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) modified and extended the $125.0 million mezzanine loan on 280 Park Avenue and subsequently repaid the loan for $62.5 million.
Newmark advised the parties on the transaction.

SL Green Signs Leases Totaling 104,000 Square Feet at One Madison Avenue

Retrieved on: 
Tuesday, April 9, 2024
Madison Avenue, SL Green Realty, Coffee, David Rockwell, Travel, Flutter Entertainment, Food, JLL, Seafood, Daniel, Real property, SLG, Tree, Nightclub

NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced three new tenants have signed leases covering 104,110 square feet at One Madison Avenue.

Key Points: 
  • NEW YORK, April 09, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced three new tenants have signed leases covering 104,110 square feet at One Madison Avenue.
  • Italian specialty sandwich shop ALIDORO signed a new 1,004-square-foot, 12-year lease on a portion of the ground floor.
  • “We’re excited to welcome these new tenants to One Madison Avenue which is Midtown South’s most exciting new office development,” said Steven Durels, Executive Vice President, Director of Leasing and Real Property at SL Green.
  • The design was inspired by the green oasis and vibrant urban hub that is Madison Square Park.

SL Green Realty Corp. to Release First Quarter 2024 Financial Results After Market Close on April 17, 2024

Retrieved on: 
Monday, March 18, 2024
SL Green Realty, SLG

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it will release its earnings for the first quarter of 2024 on Wednesday, April 17, 2024 after market close.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it will release its earnings for the first quarter of 2024 on Wednesday, April 17, 2024 after market close.
  • The Company's executive management team, led by Marc Holliday, Chairman and Chief Executive Officer, will host a conference call and audio webcast on Thursday, April 18, 2024 at 2:00pm ET to discuss the financial results.
  • Simultaneous with the earnings release, supplemental data will be made available in the Investors section of the SL Green Realty Corp. website at https://slgreen.com under “Financial Reports”.
  • The live conference call will be webcast in listen-only mode and a replay will be available in the Investors section of the SL Green Realty Corp. website at https://slgreen.com under “Presentations & Webcasts”.

SL Green Realty Corp. Announces Common Stock and Preferred Stock Dividends

Retrieved on: 
Friday, March 15, 2024
SL Green Realty, SLG, Holding company

NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share.

Key Points: 
  • NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.25 per share of common stock, which is the equivalent of an annualized dividend of $3.00 per share.
  • The dividend is payable in cash on April 15, 2024 to shareholders of record at the close of business on March 29, 2024.
  • The board of directors also declared the regular quarterly dividend on the company's Series I Preferred Stock for the period January 15, 2024 through April 14, 2024 of $0.40625 per share, which is the equivalent of an annualized dividend of $1.625 per share.
  • The dividend is payable in cash on April 15, 2024 to shareholders of record at the close of business on March 29, 2024.