SL Green Secures Extension of $742.8M Mortgage on 1515 Broadway [Yahoo! Finance]
Caesars Entertainment, Inc. (CZR)
Last caesars entertainment, inc. earnings: 2/25 04:30 pm
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Source: Yahoo! Finance
As a result, the maturity date has been extended by three years to March 2028, while the interest rate remains unchanged at 3.93%. This strategic move enhances SL Green's debt maturity profile. It offers SL Green and its partners the essential time and flexibility required to pursue projects like Caesars Palace Times Square. This project will bring the world-class entertainment at the heart of Times Square. 1515 Broadway is located in Times Square and is fully leased to Viacom. The company is pursuing a partnership with Caesars Entertainment and Roc Nation for the possible conversion of 1515 Broadway into a world-class entertainment destination. The effort aims to secure one of three gaming licenses expected to be awarded in downstate New York in 2025. Moreover, despite the overall choppiness in the office real estate sector, SL Green is well-poised for growth, given tenants' healthy demand for premier office spaces with class-apart amenities. Also, its long-term leases, with a
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CZR
Earnings
- 10/29/24 - Miss
CZR
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- CZR's page on the SEC website