**SL Green Tops $1B Goal for Opportunistic Debt Fund**
SL Green Realty Corp. has exceeded its initial $1 billion fundraising target for the SLG Opportunistic Debt Fund, fueled by more than $500 million in new commitments over the past week alone. The fund is aimed at originating new loans and acquiring existing loans, loan portfolios, and controlling CMBS securities.
“We have seen an overwhelming appetite for New York City investment from sophisticated domestic and international investors who recognize the opportunity and share the desire to invest alongside SL Green in this market,” said Harrison Sitomer, Chief Investment Officer at SL Green. “It is especially gratifying to work with so many existing institutional partners, while bringing on capital from new relationships as well.”
Launched in 2024, the SLG Opportunistic Debt Fund focuses on leveraging the current market dislocation in New York City — a dynamic stemming from rapidly improving leasing fundamentals and the nascent recovery of the debt capital markets. The fund targets investments in high-quality real estate assets across the city.
