SL Green Realty Corp
NYSE:SLG
| US |
|
Johnson & Johnson
NYSE:JNJ
|
Pharmaceuticals
|
| US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
Financial Services
|
| US |
|
Bank of America Corp
NYSE:BAC
|
Banking
|
| US |
|
Mastercard Inc
NYSE:MA
|
Technology
|
| US |
|
UnitedHealth Group Inc
NYSE:UNH
|
Health Care
|
| US |
|
Exxon Mobil Corp
NYSE:XOM
|
Energy
|
| US |
|
Pfizer Inc
NYSE:PFE
|
Pharmaceuticals
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
Technology
|
| US |
|
Nike Inc
NYSE:NKE
|
Textiles, Apparel & Luxury Goods
|
| US |
|
Visa Inc
NYSE:V
|
Technology
|
| CN |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
Retail
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
Banking
|
| US |
|
Coca-Cola Co
NYSE:KO
|
Beverages
|
| US |
|
Walmart Inc
NYSE:WMT
|
Retail
|
| US |
|
Verizon Communications Inc
NYSE:VZ
|
Telecommunication
|
| US |
|
Chevron Corp
NYSE:CVX
|
Energy
|
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
41.53
75.0467
|
| Price Target |
|
We'll email you a reminder when the closing price reaches USD.
Choose the stock you wish to monitor with a price alert.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Palantir Technologies Inc
NYSE:PLTR
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Walmart Inc
NYSE:WMT
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
This alert will be permanently deleted.
SL Green Realty Corp
Nestled within the vibrant tapestry of Manhattan's real estate, SL Green Realty Corp. stands as a pivotal player, orchestrating the pulse of New York City's business district. Established in 1997 by Stephen L. Green, the company has risen to prominence as the largest office landlord in Manhattan, weaving its influence into the very fabric of the city's economic landscape. Specializing in acquiring, managing, and leasing commercial properties, SL Green's portfolio is a testament to its strategic prowess, encompassing iconic skyscrapers and prestigious office spaces that serve as the heart of major corporate operations. This prowess is not simply about owning real estate; it's about crafting environments where enterprises thrive, an endeavor supported by SL Green's keen ability to adapt to market dynamics and anticipate the evolving needs of businesses.
SL Green's revenue model hinges on its adept management of these prime properties, generating income through long-term leases with a diverse tenant base that includes prestigious financial institutions, law firms, and technology companies. By maintaining high occupancy rates and negotiating favorable lease terms, the company ensures a steady cash flow foundation. Additionally, SL Green deepens its financial footing through strategic acquisitions, divestitures, and development projects that capitalize on emerging trends and locations within the market. Their capability to pivot and innovate within the ever-changing real estate landscape not only safeguards current investments but also positions SL Green as a resilient and forward-thinking leader in the metropolitan commercial real estate arena.
Nestled within the vibrant tapestry of Manhattan's real estate, SL Green Realty Corp. stands as a pivotal player, orchestrating the pulse of New York City's business district. Established in 1997 by Stephen L. Green, the company has risen to prominence as the largest office landlord in Manhattan, weaving its influence into the very fabric of the city's economic landscape. Specializing in acquiring, managing, and leasing commercial properties, SL Green's portfolio is a testament to its strategic prowess, encompassing iconic skyscrapers and prestigious office spaces that serve as the heart of major corporate operations. This prowess is not simply about owning real estate; it's about crafting environments where enterprises thrive, an endeavor supported by SL Green's keen ability to adapt to market dynamics and anticipate the evolving needs of businesses.
SL Green's revenue model hinges on its adept management of these prime properties, generating income through long-term leases with a diverse tenant base that includes prestigious financial institutions, law firms, and technology companies. By maintaining high occupancy rates and negotiating favorable lease terms, the company ensures a steady cash flow foundation. Additionally, SL Green deepens its financial footing through strategic acquisitions, divestitures, and development projects that capitalize on emerging trends and locations within the market. Their capability to pivot and innovate within the ever-changing real estate landscape not only safeguards current investments but also positions SL Green as a resilient and forward-thinking leader in the metropolitan commercial real estate arena.
Leasing Momentum: SL Green signed over 1.9 million square feet of leases year-to-date and expects to surpass 2 million by year-end, with strong occupancy gains above 92% and a goal of 93.2% by year-end.
Park Avenue Tower Acquisition: Announced the $730 million purchase of Park Avenue Tower at a 6.2% cap rate, with current occupancy at 95% and significant upside expected from below-market rents.
Rising Rents & Tight Supply: Management highlighted accelerating demand and rent growth across Midtown, with rents rising 10%-20% year-to-date in some buildings and expectations for 20-25% rent growth over the next 4-5 years.
Concessions Tightening: Tenant concessions are declining, with tenant improvement allowances and free rent periods decreasing in the top third of the market.
Development Pipeline: New development at 346 Madison is on track, targeting boutique financial tenants at over $200 per square foot, with delivery expected in 2030.
Debt & Financing Activity: Closed a $1.4 billion refinancing at 11 Madison at 5.6% and opportunistic debt fund closings now stand at $1 billion, with significant deployment expected by year-end.
Casino License Setback: SL Green did not advance in the casino licensing process for 1515 Broadway, but sees ongoing potential for office, entertainment, or hotel use.
Guidance & Portfolio Strength: Same-store cash NOI guidance was reaffirmed, with strong leasing activity expected to drive further growth and near-full occupancy across the portfolio.