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/

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