Latest news with #SLGreenRealtyCorp
Bloomberg
3 days ago
- Business
- Bloomberg
SL Green Raises More Than $1 Billion for New NYC Debt Fund
SL Green Realty Corp. pulled in more than $600 million in the past month for its new opportunistic debt vehicle focused on New York City, according to a person familiar with the matter. The latest haul brings the fund's total commitments above $1 billion, the person said, adding that some pledges closing in the coming weeks are expected to put the vehicle over its cap.
Bloomberg
3 days ago
- Business
- Bloomberg
SL Green's NYC Fund Surpasses $1 Billion With Latest Fundraising
SL Green Realty Corp. pulled in more than $600 million in the past month for its new opportunistic debt vehicle focused on New York City, according to a person familiar with the matter. The latest haul brings the fund's total commitments above $1 billion, the person said, adding that some pledges closing in the coming weeks are expected to put the vehicle over its cap.
Yahoo
20-05-2025
- Business
- Yahoo
SL Green Realty Corp. (SLG) Declares a Monthly Dividend on Common Shares
On May 19, SL Green Realty Corp. (NYSE:SLG) declared a monthly dividend of $0.2575 per share, which was in line with its previous dividend. SL Green Realty Corp. (NYSE:SLG) is an American real estate investment trust (REIT) and Manhattan's biggest office landlord. The company focuses on acquiring, managing, and enhancing the value of commercial properties across Manhattan. As a REIT, SL Green Realty Corp. (NYSE:SLG) follows a solid dividend policy, making it an appealing choice for income-focused investors. One key advantage is that it distributes dividends every month. In fact, it has consistently paid regular dividends on its common shares since 1997. Most recently, in December 2024, it increased its monthly dividend by 3%. As of March 31, 2025, SL Green Realty Corp. (NYSE:SLG) had ownership stakes in 55 buildings, covering a total of 30.8 million square feet. This portfolio included 27.2 million square feet of property located in Manhattan and an additional 2.8 million square feet tied to its debt and preferred equity investments. Following the latest dividend announcement, the stock is set to trade ex-dividend on May 30. SLG has a dividend yield of 5.29%, as of May 19. The stock has surged by over 11% in the past 12 months. While we acknowledge the potential of SLG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
SL Green Realty Corp. (SLG) Declares a Monthly Dividend on Common Shares
On May 19, SL Green Realty Corp. (NYSE:SLG) declared a monthly dividend of $0.2575 per share, which was in line with its previous dividend. SL Green Realty Corp. (NYSE:SLG) is an American real estate investment trust (REIT) and Manhattan's biggest office landlord. The company focuses on acquiring, managing, and enhancing the value of commercial properties across Manhattan. As a REIT, SL Green Realty Corp. (NYSE:SLG) follows a solid dividend policy, making it an appealing choice for income-focused investors. One key advantage is that it distributes dividends every month. In fact, it has consistently paid regular dividends on its common shares since 1997. Most recently, in December 2024, it increased its monthly dividend by 3%. As of March 31, 2025, SL Green Realty Corp. (NYSE:SLG) had ownership stakes in 55 buildings, covering a total of 30.8 million square feet. This portfolio included 27.2 million square feet of property located in Manhattan and an additional 2.8 million square feet tied to its debt and preferred equity investments. Following the latest dividend announcement, the stock is set to trade ex-dividend on May 30. SLG has a dividend yield of 5.29%, as of May 19. The stock has surged by over 11% in the past 12 months. While we acknowledge the potential of SLG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SLG and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-05-2025
- Business
- Yahoo
SL Green Realty Corp. Announces Common Stock Dividend
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, today announced that its board of directors has declared a monthly ordinary dividend of $0.2575 per share of common stock, which is the equivalent of an annualized dividend of $3.09 per share. The dividend is payable in cash on June 16, 2025 to shareholders of record at the close of business on May 30, 2025. About SL Green Realty Corp. SL Green Realty Corp., Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing the value of Manhattan commercial properties. As of March 31, 2025, SL Green held interests in 55 buildings totaling 30.8 million square feet. This included ownership interests in 27.2 million square feet of Manhattan buildings and 2.8 million square feet securing debt and preferred equity investments. Forward Looking Statement This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including such matters as future capital expenditures, dividends and acquisitions (including the amount and nature thereof), development trends of the real estate industry and the New York metropolitan area markets, occupancy, business strategies, expansion and growth of our operations and other similar matters, are forward-looking statements. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments and other factors we believe are appropriate. Forward-looking statements are not guarantees of future performance and actual results or developments may differ materially, and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms. Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements include risks and uncertainties described in our filings with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise. PRESS CONTACTslgreen@ SLG – DIVError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
