Company: SLG-PI
Filing Date: 2025-04-17
Form Type: 10-K/A
Source: 0001040971-25-000019
Chunk: 51

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-17
Form: 10-K/A
Chunk 51
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 5. Debt and Preferred Equity Investments
Below is a summary of the activity in our debt and preferred equity investments for the years ended December 31, 2024 and 2023 (in thousands):

|                                                              |     |   | December 31, 2024 |     |   | December 31, 2023 |
|:-------------------------------------------------------------|:----|:--|------------------:|:----|:--|------------------:|
| Balance at beginning of year(1)                              |     | $ |           346,745 |     | $ |           623,280 |
| Debt investment originations/fundings/accretion(2)           |     |   |            12,890 |     |   |            72,160 |
| Preferred equity investment originations/accretion(2) (3)    |     |   |             8,720 |     |   |             8,142 |
| Redemptions/sales/syndications/equity ownership/amortization |     |   |           -64,629 |     |   |          -349,947 |
| Net change in loan loss reserves                             |     |   |                 — |     |   |            -6,890 |
| Balance at end of period(1) (4)                              |     | $ |           303,726 |     | $ |           346,745 |

(1) Net of unamortized fees, discounts, and premiums.

(2) Accretion includes amortization of fees and discounts and paid-in-kind investment income.

(3) Excludes a $ 214.7million preferred equity investment that is included in Investment in unconsolidated joint ventures in our consolidated balance sheet. See Note 6, "Investments in Unconsolidated Joint Ventures."

(4) Includes twoinvestments with a total carrying value of $ 53.5million that are included in the Company's alternative strategy portfolio.

<div align='center'>SL Green Realty Corp. and SL Green Operating Partnership, L.P.</div>

### Notes to Consolidated Financial Statements (cont.)

#### December 31, 2024
Below is a summary of our debt and preferred equity investments as of December 31, 2024 (dollars in thousands):

| Type                     |     | Floating Rate  
 Carrying Value |         |     | Face Value |         |     | Interest Rate (1) |     | Fixed Rate     
 Car