Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 85

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 85
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 from us three CMBS investments with an aggregate fair value of $38.3 million.

The Fund has a term of 7 years from its initial closing of November 2024. The term may be extended for up to three consecutive one-year periods. The Fund has an investment period of 3.5 years from its final closing, which may be extended for one year. The final closing date has not yet occurred. During the investment period, the Fund is our primary investment vehicle for all investments that fit within the Fund's investment parameters, as set forth in the Fund's operating agreements. 

8. Mortgages and Other Loans Payable

The mortgages and other loans payable collateralized by the respective properties and assignment of leases or debt investments as of June 30, 2025 and December 31, 2024, respectively, were as follows (dollars in thousands):PropertyCurrent Maturity DateFinal Maturity Date (1)InterestRate (2)June 30, 2025December 31, 2024Fixed Rate Debt:100 Church StreetJune 2025June 2025 ⁽³⁾5.89%$370,000 $370,000 7 Dey / 185 BroadwayNovember 2025November 20266.65%190,149 190,148 10 East 53rd StreetMay 2026May 20285.37%204,775 205,000 Landmark SquareJanuary 2027January 20274.90%100,000 100,000 485 Lexington AvenueFebruary 2027February 20274.25%450,000 450,000 500 Park AvenueJanuary 2028January 20306.57%80,000 — 420 Lexington AvenueOctober 2040October 20408.24%272,325 272,326 Total fixed rate debt$1,667,249 $1,587,474 Floating Rate Debt:100 Park AvenueDecember 2025December 2027S+2.37%$376,153 $360,000 CMBS Repurchase Facility— 3,550 Total floating rate debt$376,153 $363,550 Total mortgages and other loans payable$2,043,402 $1,951,024 Deferred financing costs, net of amortization(7,580)(6,389)Total mortgages and other loans payable, net$2,035,822 $1,944,