NYSE:ALXRetail REITs
Alexander’s (ALX): Valuation Check After $175 Million Rego Park II Refinancing Extends Debt to 2030
Alexander's (ALX) just locked in a fresh $175 million refinancing on its Rego Park II shopping center in Queens, extending the loan out to December 2030 and easing near term refinancing pressure.
See our latest analysis for Alexander's.
That refinancing headline lands against a backdrop where the share price has climbed to $219.31, with an 11.77% year to date share price return and a solid 18.44% one year total shareholder return, suggesting momentum is cautiously rebuilding after recent 90...