Alexander's Inc. Secures $175 Million Refinancing for Rego Park II Shopping Center

Reuters
12/09
Alexander's Inc. Secures $175 Million Refinancing for Rego Park II Shopping Center

Alexander's Inc. has completed a $175 million refinancing of its 615,000 square foot Rego Park II shopping center in Queens, New York. The new interest-only loan carries a rate of SOFR plus 2.00%, currently 5.82%, and matures in December 2030. As part of the refinancing, Alexander's paid down $23.5 million from the previous $198.5 million loan, which had an interest rate of SOFR plus 1.45% and was set to mature in December 2025. Alexander's Inc. is a real estate investment trust with five properties in New York City.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alexander's Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000003499-25-000032), on December 09, 2025, and is solely responsible for the information contained therein.

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