SL Green’s NYC property debt vehicle surpasses $1B 

SL Green launched a property debt fund early last year, aiming to raise at least $1 billion for the vehicle. The office landlord hit that benchmark after a flurry of commitments this week. Marc Holliday’s real estate investment trust surpassed its $1 billion fundraising goal for the SLG Opportunistic Debt Fund, SL Green announced on Thursday. More than $500 million in commitments came this week alone. Major investors include Israel’s Menora Mivtachim, Taiwan’s CDIB Capital Group and the Canadian pension fund Caisse de Dépôt et Placement du Québec, which committed $250 million, Bloomberg reported. The fund is targeting high-quality assets […]This article originally appeared on The Real Deal. Click here to read the full story.