SL Green is making a straight-forward spread investment; sell assets in the 4% to 5% cap rate range and buy a larger stake in a portfolio that includes trophy assets like 11 Madison Avenue, said BTIG REIT Analyst Thomas Catherwood.
source https://feeds.feedblitz.com/~/612828368/0/globest/new-york~SL-Green-Pegs-Share-Buybacks-to-Trophy-Assets-Only/
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