Are Dividend-Paying Office REITs Finally Staging A Comeback?Dividend-paying Office REITs, beaten down due to remote work and declining occupancy rates, show signs of recovery as recent developments boost stock prices.
These 3 Top-Rated Small Caps May Be Undervalued BargainsSL Green Realty, Delek US Holdings, and Hudson Pacific Properties are among top-rated small caps. Small stocks often have higher returns than larger companies.
Why Some Experts Say Investors Should Take a Close Look at REITsPalm Beach, FL –January 5, 2022 – FinancialNewsMedia.com News Commentary – Recently, The Motley Fool, looked at diversification, specifically, REITs. They indicated most people have heard the old saying, “Don’t put all your eggs in one basket.” The logic: If a farmer were to stumble while bringing the basket of eggs back from the henhouse, […]
SL Green Inks Three Leases Covering 81,304 Square Feet at One Vanderbilt Avenue
SL Green Realty Corp. (
NYSESLG), Manhattan’s largest office landlord, today announced three new leases at One Vanderbilt Avenue, the recently opened skyline-defining tower in the heart of East Midtown. MSD Partners, a leading investment adviser, has signed a 35,567-square-foot, 15-year lease covering the entire 26th floor. MSD Partners was formed in 2009 by the partners of MSD Capital which exclusively manages the assets of Michael S. Dell and his family. Mamoura Holdings (US), LLC has signed a 28,448 square foot, 10-year lease covering the entire 51st floor. Mamoura Holdings is wholly owned by Mubadala Investment Company, a sovereign investor managing a diverse portfolio of assets in the UAE and abroad. Additionally, Nearwater Management LLC, a specialty finance company focused on providing asset-based financing solutions, has signed a 17,289-square-foot, 7-year lease covering a portion of the 33rd floor. One Vanderbilt Avenue is now 79% leased with several more leases in the pipeline.
SL Green Awarded the WELL Health-Safety Rating for Entire Portfolio
SL Green Realty Corp. (
NYSESLG), Manhattan’s largest office landlord, today announced it has earned the WELL Health-Safety Rating across its entire 23 million square foot core portfolio, including at One Vanderbilt Avenue, one month after SL Green moved its headquarters into the sky-line defining tower in the heart of East Midtown. The WELL Health-Safety Rating is an evidence-based rating verified through the International WELL Building Institute (IWBI) that focuses on operational policies, maintenance protocols, stakeholder engagement, and emergency plans to address a post-COVID-19 environment.
SL Green Earns 2021 ENERGY STAR Partner of the Year – Sustained Excellence Award
SL Green Realty Corp. (
NYSESLG), Manhattan’s largest office landlord, today announced that it has received a 2021 ENERGY STAR Partner of the Year Sustained Excellence Award for the fourth consecutive year. This award honors organizations across the United States that have implemented distinguished corporate energy management programs. Less than one percent of 16,000 U.S. Environmental Protection Agency (EPA) partners achieve the Sustained Excellence distinction.