SL Green Raises Over $1.0 Billion for Opportunistic Debt Fund
SL Green AG真人官方ty Corp. (NYSE: SLG), Manhattan's largest office landlord, has exceeded its initial $1.0 billion fundraising target for the SLG Opportunistic Debt Fund. The fund secured over $500.0 million in new commitments this week alone, with additional closings expected soon.
The discretionary fund, launched in 2024, is supported by global institutional investors including public pensions, insurance companies, and high-net-worth platforms. It focuses on capitalizing on the disconnect between improving leasing fundamentals and early-stage debt capital market recovery in New York City, where traditional financing remains limited.
The fund aims to provide current income and capital appreciation through structured debt investments, originating new loans and purchasing existing loans, loan portfolios, and controlling CMBS securities.
SL Green AG真人官方ty Corp. (NYSE: SLG), il pi霉 grande proprietario di uffici a Manhattan, ha superato il suo obiettivo iniziale di raccolta fondi di 1,0 miliardi di dollari per il SLG Opportunistic Debt Fund. Solo questa settimana il fondo ha ottenuto oltre 500 milioni di dollari in nuovi impegni, con ulteriori chiusure previste a breve.
Il fondo discrezionale, lanciato nel 2024, 猫 sostenuto da investitori istituzionali globali, tra cui fondi pensione pubblici, compagnie di assicurazione e piattaforme per investitori ad alto patrimonio. Si concentra sullo sfruttamento della discrepanza tra il miglioramento dei fondamentali di leasing e la fase iniziale di recupero del mercato del debito a New York City, dove il finanziamento tradizionale resta limitato.
L'obiettivo del fondo 猫 fornire reddito corrente e apprezzamento del capitale attraverso investimenti in debito strutturato, originando nuovi prestiti e acquistando prestiti esistenti, portafogli di prestiti e titoli CMBS controllanti.
SL Green AG真人官方ty Corp. (NYSE: SLG), el mayor propietario de oficinas en Manhattan, ha superado su objetivo inicial de recaudaci贸n de fondos de 1.000 millones de d贸lares para el SLG Opportunistic Debt Fund. Solo esta semana, el fondo ha asegurado m谩s de 500 millones de d贸lares en nuevos compromisos, y se esperan m谩s cierres pronto.
El fondo discrecional, lanzado en 2024, cuenta con el respaldo de inversores institucionales globales, incluyendo pensiones p煤blicas, compa帽铆as de seguros y plataformas de alto patrimonio. Se enfoca en capitalizar la desconexi贸n entre la mejora de los fundamentos de arrendamiento y la recuperaci贸n temprana del mercado de deuda en Nueva York, donde la financiaci贸n tradicional sigue siendo limitada.
El fondo busca proporcionar ingresos actuales y apreciaci贸n de capital mediante inversiones en deuda estructurada, originando nuevos pr茅stamos y comprando pr茅stamos existentes, carteras de pr茅stamos y valores CMBS controladores.
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鞚� 韼霌滊姅 甑“頇旊悳 攵毂� 韴瀽搿� 順勳灛 靾橃澋瓿� 鞛愲掣 鞚挫澋鞚� 鞝滉车頃橂姅 瓴冹潉 氇╉憸搿� 頃橂┌, 鞁犼窚 雽於滌潉 彀届稖頃橁碃 旮办〈 雽於�, 雽於� 韽姼韽措Μ鞓� 氚� 歆氚办爜鞚� CMBS 歃濌秾鞚� 毵れ瀰頃╇媹雼�.
SL Green AG真人官方ty Corp. (NYSE: SLG), le plus grand propri茅taire de bureaux 脿 Manhattan, a d茅pass茅 son objectif initial de lev茅e de fonds de 1,0 milliard de dollars pour le SLG Opportunistic Debt Fund. Rien que cette semaine, le fonds a obtenu plus de 500 millions de dollars d'engagements nouveaux, avec d'autres cl么tures attendues prochainement.
Ce fonds discr茅tionnaire, lanc茅 en 2024, est soutenu par des investisseurs institutionnels mondiaux, notamment des r茅gimes de retraite publics, des compagnies d'assurance et des plateformes de clients fortun茅s. Il vise 脿 tirer parti du d茅calage entre l'am茅lioration des fondamentaux de location et la reprise pr茅coce du march茅 de la dette 脿 New York, o霉 le financement traditionnel reste limit茅.
Le fonds cherche 脿 offrir un revenu courant et une appr茅ciation du capital par des investissements en dette structur茅e, en initiant de nouveaux pr锚ts et en achetant des pr锚ts existants, des portefeuilles de pr锚ts et des titres CMBS contr么lants.
SL Green AG真人官方ty Corp. (NYSE: SLG), der gr枚脽te B眉rovermieter in Manhattan, hat sein urspr眉ngliches Ziel von 1,0 Milliarden US-Dollar f眉r den SLG Opportunistic Debt Fund 眉bertroffen. Allein in dieser Woche sicherte sich der Fonds 眉ber 500 Millionen US-Dollar an neuen Verpflichtungen, weitere Abschl眉sse werden bald erwartet.
Der im Jahr 2024 gestartete diskretion盲re Fonds wird von globalen institutionellen Investoren unterst眉tzt, darunter 枚ffentliche Pensionsfonds, Versicherungsgesellschaften und verm枚gende Plattformen. Er konzentriert sich darauf, die Diskrepanz zwischen verbesserten Leasinggrundlagen und der fr眉hen Erholung des Fremdkapitalmarkts in New York City zu nutzen, wo traditionelle Finanzierungen weiterhin begrenzt sind.
Der Fonds zielt darauf ab, laufende Ertr盲ge und Kapitalzuwachs durch strukturierte Fremdkapitalinvestitionen zu erzielen, indem er neue Kredite vergibt und bestehende Kredite, Kreditportfolios sowie kontrollierende CMBS-Wertpapiere erwirbt.
- Successfully raised over $1.0 billion, surpassing initial fundraising goal
- Secured $500.0 million in new commitments in just one week
- Strong backing from diverse institutional investors including public pensions and insurance companies
- Positioned to capitalize on market dislocation in NYC real estate
- Operating in a market with constrained traditional financing
- Success dependent on NYC real estate market recovery
Insights
SL Green's $1B+ fundraising success signals strong investor confidence in NYC real estate despite challenging capital markets.
SL Green's ability to raise over
The timing of this fundraise is particularly strategic. SL Green is positioning itself to capitalize on the growing disconnect between improving leasing fundamentals and the still-recovering debt markets. This capital will allow them to provide financing solutions where traditional lenders remain constrained, potentially capturing higher yields while supporting quality assets that may be temporarily capital-starved.
The investor composition - public pensions, insurance companies, and high-net-worth platforms - indicates institutional-grade validation of SL Green's investment thesis. These investor classes typically employ rigorous due diligence, suggesting their analysis supports SL Green's view that NYC real estate presents attractive risk-adjusted opportunities despite ongoing market narratives about office sector challenges.
This fund also represents a strategic evolution for SL Green, expanding beyond their traditional landlord model into a more diversified asset management platform. This allows them to monetize their market expertise and relationships while potentially growing a more fee-based revenue stream that complements their property ownership business. The company's dual positioning as both a property owner and capital provider creates unique market insights that could drive competitive advantage in sourcing opportunities.
Over
NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) -- SL Green AG真人官方ty Corp. (NYSE: SLG), Manhattan鈥檚 largest office landlord, today announced that it has surpassed its initial
鈥淲e have seen an overwhelming appetite for New York City investment from sophisticated domestic and international investors who recognize the opportunity and share the desire to invest alongside SL Green in this market,鈥� said Harrison Sitomer, Chief Investment Officer at SL Green. 鈥淚t is especially gratifying to work with so many existing institutional partners, while bringing on capital from new relationships as well. Reaching this milestone marks an important first step in the continued growth of SL Green鈥檚 asset management platform.鈥�
The SLG Opportunistic Debt Fund, which launched in 2024, is focused on capitalizing on the dislocation between rapidly improving leasing fundamentals and the early stages of improving debt capital markets. The fund targets high quality assets in New York City, where traditional financing remains constrained, delivering flexible capital solutions to both borrowers and lenders.
鈥淭he strong global demand underscores the market鈥檚 confidence in SL Green鈥檚 ability to source and execute high-conviction opportunities in New York City and is a clear testament to our track record as a disciplined investor and operator in one of the world鈥檚 most competitive markets,鈥� said Young Hahn, Senior Vice President at SL Green. 鈥淲e deeply appreciate the continued support of our partners as we now turn our focus to deploying capital into a robust pipeline of opportunities.鈥�
The fund is being actively deployed into investments sourced through long-standing sponsor and lender relationships, and proprietary networks. The fund seeks to provide both current income and capital appreciation through structured debt investments, while maintaining a focus on downside protection. The SLG Opportunistic Debt Fund will originate new loans and/or purchase existing loans, loan portfolios and controlling CMBS securities.
About SL Green AG真人官方ty Corp.
SL Green AG真人官方ty 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 June 30, 2025, SL Green held interests in 53 buildings totaling 30.7 million square feet. This included ownership interests in 27.2 million square feet of Manhattan buildings and 2.7 million square feet securing debt and preferred equity investments.
SLG Opportunistic Debt Fund Disclaimer
An investment in the fund involves a high degree of risk, is suitable only for sophisticated investors and requires the financial ability and willingness to accept the high risks and lack of liquidity inherent in an investment in the fund. This press release is not an offer to sell to any person, or a solicitation to any person to buy, securities. Any offers and sales of securities in the fund will be made pursuant to and in accordance with the fund鈥檚 private placement memorandum. To invest in the fund, each prospective limited partner will be required to execute certain other documents and prior to making any investment in the fund, such documents should be reviewed carefully.
Forward Looking Statements
This press release includes certain statements that may be deemed to be 鈥渇orward-looking statements鈥� 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 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渟hould,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渆stimate,鈥� 鈥渂elieve,鈥� 鈥渋ntend,鈥� 鈥減roject,鈥� 鈥渃ontinue,鈥� 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.
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