SL Green is a real estate investment trust that owns and manages around 35 million square feet of office space in Manhattan, both independently and in partnership with others. It also has a small number of retail properties in desirable locations.
SL Green has a long history of providing investors with consistent returns, through its diverse asset base, the strength and depth of its management team, and active portfolio management.
SL Green also actively pursues value-add opportunities that it believes will generate attractive returns for shareholders over time. These include redevelopment projects such as the 1775 Broadway project in Times Square, as well as the acquisition of strategic parcels such as the Riverside South development site on Manhattan’s Upper West Side.
In addition to its leasing and management capabilities, SL Green also maintains a robust debt portfolio which is designed to provide additional yield for investors. The company currently has $1.7 billion in total debt outstanding with an average interest rate of 4.3%.
In summary, SL Green Realty Corp. is a trusted real estate investment trust that has been providing investors with consistent returns over the years through its diverse portfolio, strong management, and active asset management strategy. With projects such as 1775 Broadway and Riverside South in the pipeline, there are many exciting opportunities for investors in the future. SL Green is well-positioned to capitalize on these opportunities and create long-term value for its shareholders.