StocksMedium•19 October 2026•
1 min read
SL Green Refinances 245 Park Avenue in Manhattan for $2.0 Billion
Key Facts
1SL Green Realty Corp and its partner Mori Trust announced a $2.0 billion refinancing of the 245 Park Avenue property in Manhattan.
2The five-year fixed-rate financing was priced at 6.52%, representing a spread of 147 basis points over the US Treasury index.
SL Green Realty Corp and its partner Mori Trust announced a $2.0 billion refinancing of the 245 Park Avenue property in Manhattan. GlobeNewswire reported that the five-year fixed-rate financing was priced at 6.52%, representing a spread of 147 basis points over the US Treasury index.
SLG closed at $47 on October 16, 2026, prior to the announcement regarding the 1.8 million-square-foot Class A office tower. The refinancing follows a repositioning plan for the building, which is currently 100% leased to tenants including Société Générale and Ares Management.