Alexander's completes $175M refinancing of Rego Park II; pays down $23.5M on prior loan

ALEXANDERS INC

$175M interest-only loan at SOFR+2.00% (currently 5.82%) matures December 2030.
Prior $198.5M loan (SOFR+1.45%) was paid down by $23.5M; had been set to mature Dec 12, 2025.
Loan refinances 615,000 sq ft Rego Park II shopping center in Queens, NY.
Alexander's is a REIT with five properties in New York City.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ALEXANDERS INC incurred loan of $175 million at SOFR plus 2.00%, currently 5.82% maturing December 2030.

Instrument: loan
Principal: $175 million
Rate: SOFR plus 2.00%, currently 5.82%
Maturity: December 2030
Event: incurrence

Exact text from the filing

On December 5, 2025, Alexander’s, Inc. (the “Company”) completed a $175 million refinancing of its 615,000 square foot Rego Park II shopping center located in Queens, New York. The interest-only loan is at SOFR plus 2.00%, currently 5.82%, and matures in December 2030.

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ALEXANDERS INC filing history →

Source: SEC EDGAR

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