New Yorker

"We are currently exploring various alternatives with respect to the capitalization of the acquisition from both the debt and equity perspective. We have already begun to receive the inevitable inquiries from unsuccessful bidders of the asset, all potential joint venture partners," Mathias said. "Additionally, while it is our intention now to close the acquisition on SL Green's unsecured line of credit, we have received some very compelling secured financing proposals that would have the added benefit of fixing our rate on the acquisition in today's very attractive Treasury environment."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.