Thursday, 30 April 2020

SL Green continues to unload assets to create cash buffer

SL Green Realty is seeking bids for its largest loan yet as the company looks to raise a large cash buffer against the economic downturn. The real estate investment trust is offering the $110 million loan it provided Nightingale Properties and Wafra Capital Partners earlier this year to finance their purchase of the 1 million-square-foot office tower at 111 Wall Street in the FInancial District, sources told The Real Deal. The 6 percent fixed-rate loan



source https://therealdeal.com/2020/04/30/sl-green-continues-to-unload-assets-to-create-cash-buffer/

No comments:

Post a Comment