Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
SL Green Realty announces sale of 49% interest in 220 East 42nd Street » 09:14
07/22/21
07/22
09:14
07/22/21
09:14
SLG

SL Green Realty

$78.06 /

+0.89 (+1.15%)

SL Green Realty announced…

SL Green Realty announced that it has sold a 49% interest in 220 East 42nd Street to a real estate fund managed by Meritz Alternative Investment Management for gross consideration of $790.1M. SL Green retained a 51% interest in the property and will continue to oversee management and leasing of the building. The transaction generated net cash proceeds to SL Green of $136.1M. "This transaction demonstrates the continued global demand for core New York City office properties, particularly those that are well leased on a long-term basis to credit tenants," said Harrison Sitomer, Senior Vice President of SL Green. "With the new joint venture, 220 East 42nd Street will continue to provide SL Green shareholders with steady contractual cash flow. We are thrilled to be partnering again with Meritz on this historic asset."

ShowHide Related Items >><<
SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

06/25/21 Deutsche Bank
SL Green Realty price target raised to $77 from $66 at Deutsche Bank
06/14/21 Wolfe Research
SL Green Realty initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
SL Green Realty price target raised to $88 from $75 at Piper Sandler
05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

Earnings
SL Green Realty reports Q2 FFO $1.60, consensus $1,63 » 16:31
07/21/21
07/21
16:31
07/21/21
16:31
SLG

SL Green Realty

$78.06 /

+0.89 (+1.15%)

Reports Q2 revenue…

Reports Q2 revenue $218.1M, consensus $189.61M.

ShowHide Related Items >><<
SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

06/25/21 Deutsche Bank
SL Green Realty price target raised to $77 from $66 at Deutsche Bank
06/14/21 Wolfe Research
SL Green Realty initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
SL Green Realty price target raised to $88 from $75 at Piper Sandler
05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

SLG SL Green Realty
$78.06 /

+0.89 (+1.15%)

Over a month ago
Earnings
SL Green Realty completes $3B refinancing of One Vanderbilt Ave. » 07:36
06/28/21
06/28
07:36
06/28/21
07:36
SLG

SL Green Realty

$82.48 /

+1.47 (+1.81%)

SL Green Realty announced…

SL Green Realty announced that it has closed a $3B 10-year, fixed-rate financing of One Vanderbilt Avenue, which is owned in a joint venture between SL Green, National Pension Service of Korea and Hines Interests, LP. The loan was securitized in a single asset, single borrower agented CMBS transaction. The agents were a consortium of financial institutions, led by Wells Fargo Bank, N.A. and Goldman Sachs Bank USA, that also included Bank of America N.A., Bank of China, Bank of Montreal, Deutsche Bank, JP Morgan Chase Bank, N.A., Barclays Capital Real Estate Inc. and Citi. The new financing carries a stated coupon of 2.855 percent, equivalent to a rate of 2.947 percent inclusive of hedging costs, and replaces the previous $1.75B construction facility with an outstanding balance at the time of payoff of approximately $1.54B. One Vanderbilt is currently 89 percent leased.

ShowHide Related Items >><<
SLG SL Green Realty
$82.48 /

+1.47 (+1.81%)

SLG SL Green Realty
$82.48 /

+1.47 (+1.81%)

06/25/21 Deutsche Bank
SL Green Realty price target raised to $77 from $66 at Deutsche Bank
06/14/21 Wolfe Research
SL Green Realty initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
SL Green Realty price target raised to $88 from $75 at Piper Sandler
05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
SLG SL Green Realty
$82.48 /

+1.47 (+1.81%)

SLG SL Green Realty
$82.48 /

+1.47 (+1.81%)

SLG SL Green Realty
$82.48 /

+1.47 (+1.81%)

Recommendations
SL Green Realty price target raised to $77 from $66 at Deutsche Bank » 06:49
06/25/21
06/25
06:49
06/25/21
06:49
SLG

SL Green Realty

$81.01 /

+0.45 (+0.56%)

Deutsche Bank analyst…

Deutsche Bank analyst Derek Johnston raised the firm's price target on SL Green Realty to $77 from $66 and keeps a Hold rating on the shares. The return to office post pandemic is gaining focus as companies and employees prepare to return en masse in September, Johnston tells investors in a research note. Office real estate investment trusts have traded higher as earnings remained largely intact, except for ancillary income such as parking, retail and any hotel revenues, which largely remain under pressure, says the analyst. He believes the return of ancillary revenues will aid earnings growth and "fill the earnings hole afflicting the Office REITs."

ShowHide Related Items >><<
SLG SL Green Realty
$81.01 /

+0.45 (+0.56%)

SLG SL Green Realty
$81.01 /

+0.45 (+0.56%)

06/14/21 Wolfe Research
SL Green Realty initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
SL Green Realty price target raised to $88 from $75 at Piper Sandler
05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
04/19/21 Deutsche Bank
SL Green Realty price target raised to $66 from $63 at Deutsche Bank
SLG SL Green Realty
$81.01 /

+0.45 (+0.56%)

SLG SL Green Realty
$81.01 /

+0.45 (+0.56%)

SLG SL Green Realty
$81.01 /

+0.45 (+0.56%)

Conference/Events
BMO Capital to hold a in-person property tour » 04:55
06/22/21
06/22
04:55
06/22/21
04:55
BPY

Brookfield Property

$18.59 /

+0.165 (+0.90%)

, BXP

Boston Properties

$119.59 /

+2.35 (+2.00%)

, CBRE

CBRE Group

$89.06 /

+2.68 (+3.10%)

, CXP

Columbia Property

$17.59 /

+0.28 (+1.62%)

, ESRT

Empire State Realty

$12.40 /

+0.4 (+3.33%)

, HHC

Howard Hughes

$103.43 /

+4.02 (+4.04%)

, SLG

SL Green Realty

$80.05 /

+2.985 (+3.87%)

, UNBLF

Unibail-Rodamco-Westfield

$95.99 /

+ (+0.00%)

Return of NYC In-Person…

Return of NYC In-Person Property Tour will be held in New York on June 21-22.

ShowHide Related Items >><<
SLG SL Green Realty
$80.05 /

+2.985 (+3.87%)

HHC Howard Hughes
$103.43 /

+4.02 (+4.04%)

ESRT Empire State Realty
$12.40 /

+0.4 (+3.33%)

CXP Columbia Property
$17.59 /

+0.28 (+1.62%)

CBRE CBRE Group
$89.06 /

+2.68 (+3.10%)

BXP Boston Properties
$119.59 /

+2.35 (+2.00%)

BPY Brookfield Property
$18.59 /

+0.165 (+0.90%)

BPY Brookfield Property
$18.59 /

+0.165 (+0.90%)

04/01/21 Evercore ISI
Brookfield Property downgraded to In Line from Outperform at Evercore ISI
03/30/21
Goldman Sachs Euro real estate analyst to hold analyst/industry conference call
02/04/21
Fly Intel: Top five analyst downgrades
BXP Boston Properties
$119.59 /

+2.35 (+2.00%)

06/17/21 Truist
Boston Properties price target raised to $130 from $109 at Truist
06/14/21 Wolfe Research
Boston Properties initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
Boston Properties upgraded to Overweight from Neutral at Piper Sandler
05/25/21 Goldman Sachs
Boston Properties assumed with a Sell at Goldman Sachs
CBRE CBRE Group
$89.06 /

+2.68 (+3.10%)

06/14/21 Wolfe Research
CBRE Group initiated with an Outperform at Wolfe Research
05/28/21 Piper Sandler
American Campus upgraded to Overweight from Neutral at Piper Sandler
02/26/21 JPMorgan
Jones Lang LaSalle price target raised to $200 from $176 at JPMorgan
01/25/21 Goldman Sachs
CBRE Group initiated with a Buy at Goldman Sachs
CXP Columbia Property
$17.59 /

+0.28 (+1.62%)

06/15/21 Truist
Columbia Property price target raised to $19 from $16 at Truist
06/14/21 Wolfe Research
Columbia Property initiated with a Peer Perform at Wolfe Research
04/29/21
Columbia Property sees FY21 normalized FFO $1.23-$1.30, consensus $1.32
04/12/21 BMO Capital
Columbia Property upgraded to Outperform from Market Perform at BMO Capital
ESRT Empire State Realty
$12.40 /

+0.4 (+3.33%)

06/14/21 Wolfe Research
Empire State Realty initiated with an Outperform at Wolfe Research
05/03/21 Evercore ISI
Empire State Realty upgraded to Outperform from Underperform at Evercore ISI
03/26/21 Wells Fargo
Empire State Realty downgraded to Underweight from Equal Weight at Wells Fargo
03/26/21 Wells Fargo
Empire State Realty downgraded to Underweight from Equal Weight at Wells Fargo
HHC Howard Hughes
$103.43 /

+4.02 (+4.04%)

03/01/21 Piper Sandler
Howard Hughes price target raised to $115 from $100 at Piper Sandler
02/16/21 BWS Financial
Howard Hughes price target raised to $150 from $80 at BWS Financial
01/11/21 Piper Sandler
Howard Hughes price target raised to $100 from $90 at Piper Sandler
09/22/20 BWS Financial
Howard Hughes could evaluate options again after CEO exit, says BWS Financial
SLG SL Green Realty
$80.05 /

+2.985 (+3.87%)

06/14/21 Wolfe Research
SL Green Realty initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
SL Green Realty price target raised to $88 from $75 at Piper Sandler
05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
04/19/21 Deutsche Bank
SL Green Realty price target raised to $66 from $63 at Deutsche Bank
UNBLF Unibail-Rodamco-Westfield
$95.99 /

+ (+0.00%)

06/01/21 Deutsche Bank
Unibail-Rodamco-Westfield price target raised to EUR 75 at Deutsche Bank
05/14/21 RBC Capital
Unibail-Rodamco-Westfield price target raised to EUR 75 at RBC Capital
03/24/21 JPMorgan
Unibail-Rodamco-Westfield downgraded to Underweight from Neutral at JPMorgan
SLG SL Green Realty
$80.05 /

+2.985 (+3.87%)

HHC Howard Hughes
$103.43 /

+4.02 (+4.04%)

ESRT Empire State Realty
$12.40 /

+0.4 (+3.33%)

CXP Columbia Property
$17.59 /

+0.28 (+1.62%)

CBRE CBRE Group
$89.06 /

+2.68 (+3.10%)

BXP Boston Properties
$119.59 /

+2.35 (+2.00%)

BPY Brookfield Property
$18.59 /

+0.165 (+0.90%)

SLG SL Green Realty
$80.05 /

+2.985 (+3.87%)

CXP Columbia Property
$17.59 /

+0.28 (+1.62%)

CBRE CBRE Group
$89.06 /

+2.68 (+3.10%)

HHC Howard Hughes
$103.43 /

+4.02 (+4.04%)

SLG SL Green Realty
$80.05 /

+2.985 (+3.87%)

CBRE CBRE Group
$89.06 /

+2.68 (+3.10%)

BPY Brookfield Property
$18.59 /

+0.165 (+0.90%)

Conference/Events
BMO Capital to hold a in-person property tour » 10:03
06/21/21
06/21
10:03
06/21/21
10:03
BPY

Brookfield Property

$18.45 /

+0.03 (+0.16%)

, BXP

Boston Properties

$118.79 /

+1.555 (+1.33%)

, CBRE

CBRE Group

$87.59 /

+1.21 (+1.40%)

, CXP

Columbia Property

$17.53 /

+0.22 (+1.27%)

, ESRT

Empire State Realty

$12.18 /

+0.185 (+1.54%)

, HHC

Howard Hughes

$100.77 /

+1.36 (+1.37%)

, SLG

SL Green Realty

$78.99 /

+1.93 (+2.50%)

, UNBLF

Unibail-Rodamco-Westfield

$95.99 /

+ (+0.00%)

Return of NYC In-Person…

Return of NYC In-Person Property Tour will be held in New York on June 21-22.

ShowHide Related Items >><<
SLG SL Green Realty
$78.99 /

+1.93 (+2.50%)

HHC Howard Hughes
$100.77 /

+1.36 (+1.37%)

ESRT Empire State Realty
$12.18 /

+0.185 (+1.54%)

CXP Columbia Property
$17.53 /

+0.22 (+1.27%)

CBRE CBRE Group
$87.59 /

+1.21 (+1.40%)

BXP Boston Properties
$118.79 /

+1.555 (+1.33%)

BPY Brookfield Property
$18.45 /

+0.03 (+0.16%)

BPY Brookfield Property
$18.45 /

+0.03 (+0.16%)

04/01/21 Evercore ISI
Brookfield Property downgraded to In Line from Outperform at Evercore ISI
03/30/21
Goldman Sachs Euro real estate analyst to hold analyst/industry conference call
02/04/21
Fly Intel: Top five analyst downgrades
BXP Boston Properties
$118.79 /

+1.555 (+1.33%)

06/17/21 Truist
Boston Properties price target raised to $130 from $109 at Truist
06/14/21 Wolfe Research
Boston Properties initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
Boston Properties upgraded to Overweight from Neutral at Piper Sandler
05/25/21 Goldman Sachs
Boston Properties assumed with a Sell at Goldman Sachs
CBRE CBRE Group
$87.59 /

+1.21 (+1.40%)

06/14/21 Wolfe Research
CBRE Group initiated with an Outperform at Wolfe Research
05/28/21 Piper Sandler
American Campus upgraded to Overweight from Neutral at Piper Sandler
02/26/21 JPMorgan
Jones Lang LaSalle price target raised to $200 from $176 at JPMorgan
01/25/21 Goldman Sachs
CBRE Group initiated with a Buy at Goldman Sachs
CXP Columbia Property
$17.53 /

+0.22 (+1.27%)

06/15/21 Truist
Columbia Property price target raised to $19 from $16 at Truist
06/14/21 Wolfe Research
Columbia Property initiated with a Peer Perform at Wolfe Research
04/29/21
Columbia Property sees FY21 normalized FFO $1.23-$1.30, consensus $1.32
04/12/21 BMO Capital
Columbia Property upgraded to Outperform from Market Perform at BMO Capital
ESRT Empire State Realty
$12.18 /

+0.185 (+1.54%)

06/14/21 Wolfe Research
Empire State Realty initiated with an Outperform at Wolfe Research
05/03/21 Evercore ISI
Empire State Realty upgraded to Outperform from Underperform at Evercore ISI
03/26/21 Wells Fargo
Empire State Realty downgraded to Underweight from Equal Weight at Wells Fargo
03/26/21 Wells Fargo
Empire State Realty downgraded to Underweight from Equal Weight at Wells Fargo
HHC Howard Hughes
$100.77 /

+1.36 (+1.37%)

03/01/21 Piper Sandler
Howard Hughes price target raised to $115 from $100 at Piper Sandler
02/16/21 BWS Financial
Howard Hughes price target raised to $150 from $80 at BWS Financial
01/11/21 Piper Sandler
Howard Hughes price target raised to $100 from $90 at Piper Sandler
09/22/20 BWS Financial
Howard Hughes could evaluate options again after CEO exit, says BWS Financial
SLG SL Green Realty
$78.99 /

+1.93 (+2.50%)

06/14/21 Wolfe Research
SL Green Realty initiated with a Peer Perform at Wolfe Research
06/14/21 Piper Sandler
SL Green Realty price target raised to $88 from $75 at Piper Sandler
05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
04/19/21 Deutsche Bank
SL Green Realty price target raised to $66 from $63 at Deutsche Bank
UNBLF Unibail-Rodamco-Westfield
$95.99 /

+ (+0.00%)

06/01/21 Deutsche Bank
Unibail-Rodamco-Westfield price target raised to EUR 75 at Deutsche Bank
05/14/21 RBC Capital
Unibail-Rodamco-Westfield price target raised to EUR 75 at RBC Capital
03/24/21 JPMorgan
Unibail-Rodamco-Westfield downgraded to Underweight from Neutral at JPMorgan
SLG SL Green Realty
$78.99 /

+1.93 (+2.50%)

HHC Howard Hughes
$100.77 /

+1.36 (+1.37%)

ESRT Empire State Realty
$12.18 /

+0.185 (+1.54%)

CXP Columbia Property
$17.53 /

+0.22 (+1.27%)

CBRE CBRE Group
$87.59 /

+1.21 (+1.40%)

BXP Boston Properties
$118.79 /

+1.555 (+1.33%)

BPY Brookfield Property
$18.45 /

+0.03 (+0.16%)

SLG SL Green Realty
$78.99 /

+1.93 (+2.50%)

CXP Columbia Property
$17.53 /

+0.22 (+1.27%)

CBRE CBRE Group
$87.59 /

+1.21 (+1.40%)

HHC Howard Hughes
$100.77 /

+1.36 (+1.37%)

SLG SL Green Realty
$78.99 /

+1.93 (+2.50%)

CBRE CBRE Group
$87.59 /

+1.21 (+1.40%)

BPY Brookfield Property
$18.45 /

+0.03 (+0.16%)

Initiation
SL Green Realty initiated with a Peer Perform at Wolfe Research » 16:37
06/14/21
06/14
16:37
06/14/21
16:37
SLG

SL Green Realty

$83.32 /

+0.72 (+0.87%)

Wolfe Research analyst…

Wolfe Research analyst Andrew Rosivach initiated coverage of SL Green Realty with a Peer Perform rating and $90 price target. The analyst believes the company's earnings growth will improve given contributions from oncoming development projects but will grow slower than the sector.

ShowHide Related Items >><<
SLG SL Green Realty
$83.32 /

+0.72 (+0.87%)

SLG SL Green Realty
$83.32 /

+0.72 (+0.87%)

06/14/21 Piper Sandler
SL Green Realty price target raised to $88 from $75 at Piper Sandler
05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
04/19/21 Deutsche Bank
SL Green Realty price target raised to $66 from $63 at Deutsche Bank
04/14/21 BofA
SL Green Realty downgraded to Underperform from Neutral at BofA
SLG SL Green Realty
$83.32 /

+0.72 (+0.87%)

SLG SL Green Realty
$83.32 /

+0.72 (+0.87%)

SLG SL Green Realty
$83.32 /

+0.72 (+0.87%)

Recommendations
SL Green Realty price target raised to $88 from $75 at Piper Sandler » 06:15
06/14/21
06/14
06:15
06/14/21
06:15
SLG

SL Green Realty

$82.62 /

-2.595 (-3.05%)

Piper Sandler analyst…

Piper Sandler analyst Alexander Goldfarb raised the firm's price target on SL Green Realty to $88 from $75 and keeps a Neutral rating on the shares after meeting with movement. Despite the executive comp plan getting voted down at the recent shareholder meeting, "this team continues to pursue all avenues to create value," Goldfarb tells investors in a research note.

ShowHide Related Items >><<
SLG SL Green Realty
$82.62 /

-2.595 (-3.05%)

SLG SL Green Realty
$82.62 /

-2.595 (-3.05%)

05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
04/19/21 Deutsche Bank
SL Green Realty price target raised to $66 from $63 at Deutsche Bank
04/14/21 BofA
SL Green Realty downgraded to Underperform from Neutral at BofA
04/14/21 BofA
SL Green Realty downgraded to Underperform from Neutral at BofA
SLG SL Green Realty
$82.62 /

-2.595 (-3.05%)

SLG SL Green Realty
$82.62 /

-2.595 (-3.05%)

SLG SL Green Realty
$82.62 /

-2.595 (-3.05%)

Hot Stocks
SL Green Realty signs new, expansion leases at One Vanderbilty Avenue » 07:40
06/07/21
06/07
07:40
06/07/21
07:40
SLG

SL Green Realty

$79.46 /

-1.05 (-1.30%)

SL Green Realty announced…

SL Green Realty announced the signing of three leases at One Vanderbilt Avenue that brings the building to 89% leased. A new 97,652-square-foot, 15-year lease covering floors 63-66 was signed with one tenant. TD Securities signed a 24,020-square-foot, 20-year lease expansion covering a portion of the 11th floor, which increases TD Securities' commitment within the building to 142,892 square feet. Additionally, InTandem Capital Partners LLC and Sagewind Capital LLC jointly signed a 2,163-square-foot, 7-year lease expansion covering a portion of the 24th floor, which increases their footprint within the building to 12,328 square feet. "We're delighted to welcome our newest tenant and expand our relationships with TD Securities, InTandem and Sagewind," said Steven Durels, Executive Vice President and Director of Leasing and Real Property at SL Green. "One Vanderbilt continues to attract companies seeking best-in-class office space, location and amenities and is now on track to exceed our recently revised year-end leasing projection of 90%."

ShowHide Related Items >><<
SLG SL Green Realty
$79.46 /

-1.05 (-1.30%)

SLG SL Green Realty
$79.46 /

-1.05 (-1.30%)

05/25/21 Goldman Sachs
SL Green Realty assumed with a Buy at Goldman Sachs
04/19/21 Deutsche Bank
SL Green Realty price target raised to $66 from $63 at Deutsche Bank
04/14/21 BofA
SL Green Realty downgraded to Underperform from Neutral at BofA
04/14/21 BofA
SL Green Realty downgraded to Underperform from Neutral at BofA
SLG SL Green Realty
$79.46 /

-1.05 (-1.30%)

SLG SL Green Realty
$79.46 /

-1.05 (-1.30%)

SLG SL Green Realty
$79.46 /

-1.05 (-1.30%)

Initiation
SL Green Realty assumed with a Buy at Goldman Sachs » 05:25
05/25/21
05/25
05:25
05/25/21
05:25
SLG

SL Green Realty

$78.57 /

+2.15 (+2.81%)

Goldman Sachs analyst…

Goldman Sachs analyst Caitlin Burrows assumed coverage of SL Green Realty with a Buy rating and $91 price target. The analyst assumed coverage of five U.S. office real estate investment trust with a constructive view on long-term demand for high quality office space, but a currently balanced relative stock view given recent valuation moves and expectations for earnings growth. She believes SL Green's shares offer an attractive risk/reward profile.

ShowHide Related Items >><<
SLG SL Green Realty
$78.57 /

+2.15 (+2.81%)

SLG SL Green Realty
$78.57 /

+2.15 (+2.81%)

04/19/21 Deutsche Bank
SL Green Realty price target raised to $66 from $63 at Deutsche Bank
04/14/21 BofA
SL Green Realty downgraded to Underperform from Neutral at BofA
04/14/21 BofA
SL Green Realty downgraded to Underperform from Neutral at BofA
12/15/20 Citi
SL Green Realty price target raised to $63 from $49 at Citi
SLG SL Green Realty
$78.57 /

+2.15 (+2.81%)

SLG SL Green Realty
$78.57 /

+2.15 (+2.81%)

SLG SL Green Realty
$78.57 /

+2.15 (+2.81%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.