SL Green Secures $2 Billion Refinancing for 245 Park Avenue

08:09 AM EDT, 10/19/2026 (MT Newswires) -- SL Green Realty (SLG) and Mori Trust's US affiliate secured $2 billion in five-year, fixed-rate financing for 245 Park Avenue, replacing $1.768 billion in existing debt, the company said Monday. The commercial mortgage-backed financing carries a 6.52% interest rate, priced at 147 basis points above the US Treasury index, the company said. SL Green said the refinancing advances its $7 billion 2026 financing plan, boosts liquidity and extends debt maturities, with redevelopment expected to finish in Q1 2027.