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SL Green Secures $2 Billion CMBS Refinancing for 245 Park Avenue

SL Green Secures $2 Billion CMBS Refinancing for 245 Park Avenue

BitgetBitget2026/10/19 11:35
  • SL Green and its Mori Trust affiliate partner announced a $2 billion single-asset, single-borrower CMBS refinancing of 245 Park Avenue.
  • The five-year, fixed-rate financing carries a 6.52% interest rate, priced 147 basis points above the US Treasury index.
  • Hedging lowered SL Green’s effective interest rate on its share to 6.37%.
  • The refinancing replaces $1.77 billion of mortgage and mezzanine financing, bringing the $7 billion 2026 financing plan near completion.
  • JPMorgan Chase led the transaction, which generates incremental liquidity and extends debt maturities.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SL Green Realty Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610190730PRIMZONEFULLFEED9847950) on October 19, 2026, and is solely responsible for the information contained therein.

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