Sl Green Rlty Stock Price, News & Analysis

SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, and its partner PGIM have successfully completed a $1.4 billion refinancing of 11 Madison Avenue. The five-year, fixed-rate mortgage carries a 5.625% coupon, hedged to 5.592% for SL Green's portion.

The CMBS financing, led by Wells Fargo Bank with participation from major global financial institutions, replaces the previous $1.4 billion debt structure. The 2.3 million-square-foot, 30-story office tower is currently 93% occupied with prestigious tenants including UBS, Sony, and Fidelity.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has completed significant transactions at 1552-1560 Broadway in Times Square. The company, along with joint venture partner Wharton Properties, acquired debt claims totaling $219.5 million for $63.0 million in June, including debt for both fee and leasehold interests.

The joint venture subsequently secured a ground lease and sign bracing agreement at 1560 Broadway with GFP Real Estate and Benenson Capital Partners, extending through 2074. Additionally, 1552 Broadway, previously occupied by Express, has been temporarily leased to an apparel retailer while seeking a long-term tenant, with LED signs being leased separately.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared its latest dividend distributions. The company announced a monthly ordinary dividend of $0.2575 per share of common stock, equivalent to an annualized dividend of $3.09 per share.

Additionally, SLG declared a quarterly dividend of $0.40625 per share on its Series I Preferred Stock, equivalent to an annualized dividend of $1.625 per share. Both dividends will be paid in cash on October 15, 2025, to shareholders of record as of September 30, 2025.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has announced a strategic acquisition of 346 Madison Avenue and the adjacent 11 East 44th Street for $160.0 million. The transaction is expected to close in Q4 2025.

The combined properties can accommodate approximately 800,000 rentable square feet under East Midtown rezoning. Located near One Vanderbilt, this acquisition represents an opportunity for SL Green to develop a world-class office building in Midtown East, featuring modern amenities, column-free floors, and healthy workplace infrastructure to meet robust tenant demand for new construction.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend for its shareholders. The company will pay a monthly ordinary dividend of $0.2575 per share, equivalent to an annualized dividend of $3.09 per share. The dividend will be distributed in cash on September 15, 2025 to shareholders of record as of August 29, 2025.

SL Green Realty Corp. (NYSE: SLG), New York City's largest office landlord, has announced its participation in the BofA Securities 2025 Global Real Estate Conference. The company's key executives including Matt DiLiberto (CFO), Harrison Sitomer (CIO), and Steven Durels (EVP and Director of Leasing) will engage in a roundtable discussion on September 10, 2025 at 2:15 PM ET.

The event will be accessible via live audio webcast, with presentation materials available beforehand on SL Green's investor relations website. A replay will also be made available after the event.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend of $0.2575 per share of common stock. This monthly distribution equates to an annualized dividend of $3.09 per share. The dividend will be paid in cash on August 15, 2025, to shareholders of record as of July 31, 2025.

SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, has exceeded its initial $1.0 billion fundraising target for the SLG Opportunistic Debt Fund. The fund secured over $500.0 million in new commitments this week alone, with additional closings expected soon.

The discretionary fund, launched in 2024, is supported by global institutional investors including public pensions, insurance companies, and high-net-worth platforms. It focuses on capitalizing on the disconnect between improving leasing fundamentals and early-stage debt capital market recovery in New York City, where traditional financing remains limited.

The fund aims to provide current income and capital appreciation through structured debt investments, originating new loans and purchasing existing loans, loan portfolios, and controlling CMBS securities.

SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, reported Q2 2025 financial results with a net loss of $0.16 per share, compared to a $0.04 loss in Q2 2024. The company achieved FFO of $1.63 per share, including significant income from a commercial mortgage investment repayment at 522 Fifth Avenue.

Key operational highlights include signing 46 Manhattan office leases totaling 541,721 square feet in Q2 2025, with a positive mark-to-market of 2.4%. Manhattan same-store office occupancy stood at 91.4%, with expectations to reach 93.2% by year-end. The company increased its 2025 FFO guidance to $5.65-$5.95 per share, a $0.40 increase at the midpoint.

Notable transactions include the $200 million repayment of the 522 Fifth Avenue investment, sale of 85 Fifth Avenue for $47 million, and acquisition of the remaining 49.9% interest in 100 Park Avenue. The company's special servicing business grew to $6.1 billion in active assignments.