Recent 8-K filings for ALX
Highest-materiality recent filing
Alexander's to sell Rego Park I to Northwell Health for $235.5M; net proceeds $202M
- Gross purchase price $235.5M cash; net proceeds $202M; expected close by Q3 2026.
- Property: vacant three-story 338K sq ft structure and 1,236-space parking garage on 5.9 acres in Queens, NY.
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Alexander's completes $235.5M sale of Rego Park I to Northwell Health; Q2 gain ~$148M
Gross sales price $235.5M; net proceeds $203M; received $224M at closing after $21M pre-paid costs.
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Alexander's grants Bloomberg $56.8M rent abatement for Apr-Dec 2026; tenant fund reduced
Rent abatement of $56,808,900 for period April 1, 2026 to December 1, 2026.
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Alexander's to sell Rego Park I to Northwell Health for $235.5M; net proceeds $202M
Gross purchase price $235.5M cash; net proceeds $202M; expected close by Q3 2026.
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Restructured $300M loan into $132.5M A-Note (7% current) and $167.5M C-Note (4.55% deferred interest).
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Alexander's completes $400M refinancing of 731 Lexington Ave office condominium at 5.045% fixed rate
New interest-only loan: $400M at 5.045% fixed, matures Oct 2028; prepayable without penalty from Oct 2026.
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Alexanders extends $500M 731 Lexington loan maturity to Oct 2024, pays down $10M
Maturity of $500M mortgage loan on office portion of 731 Lexington Avenue extended from June 11 to October 11, 2024.
Materiality & sentiment trend
Max materiality 0.85 · Median 0.60 · Most common event other_material