SL Green reports $44M quarterly loss as it pivots to paying down debt – Robert Khodadadian

Office landlord SL Green reported a net loss of $44 million, or 70 cents a share, in the second quarter as leasing fell behind targets and the company pivoted to paying down its debts amid rising interest rates. The quarterly loss follows a net income of $1.56 per share for the same period last year, reflecting changes in strategy as the cost of borrowing and carrying debt increases. Funds from operations, a key metric for

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, interest rates, Manhattan, marc holliday, office market, SL Green The Real Deal New York Read More

  Existing Home Sales Continue Eight-Month Slump – Robert Khodadadian

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