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Alexander’s Completes $400 Million Refinancing of 731 Lexington Avenue Office Condominium
Sep 30, 2024•over 1 year ago
Contract Type
contract
New YorkReal EstateReal Estate InvestmentDescription
Alexander's, Inc. (NYSE: ALX) has completed a $400 million refinancing of the office condominium portion of 731 Lexington Avenue, the Class A Bloomberg LP headquarters building. The interest-only loan carries a fixed rate of 5.045% and matures in October 2028.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months