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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 Investment

Description

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.

Company Information

Company

Alexander’s

Location

New York, New York, United States

About

Alexander’s, Inc. is a real estate investment trust that has five properties in New York City.

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