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Alexander’s Completes $175 Million Refinancing Deal

Story Highlights
  • Alexander’s completed a $175 million refinancing of its Rego Park II shopping center.
  • The refinancing reduced previous debt by $23.5 million and matures in December 2030.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alexander’s Completes $175 Million Refinancing Deal

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An update from Alexander’s ( (ALX) ) is now available.

On December 5, 2025, Alexander’s, Inc. completed a $175 million refinancing of its Rego Park II shopping center in Queens, New York. The new interest-only loan, maturing in December 2030, is set at SOFR plus 2.00%, currently 5.82%. This refinancing replaces a previous $198.5 million loan, reducing the debt by $23.5 million, and reflects the company’s strategic financial management to optimize its real estate investments.

The most recent analyst rating on (ALX) stock is a Hold with a $208.00 price target. To see the full list of analyst forecasts on Alexander’s stock, see the ALX Stock Forecast page.

Spark’s Take on ALX Stock

According to Spark, TipRanks’ AI Analyst, ALX is a Neutral.

Alexander’s stock score is primarily influenced by its mixed financial performance and bearish technical indicators. While the company shows strong profitability, high leverage and declining revenue growth are concerns. The technical analysis suggests a bearish trend, with the stock trading below key moving averages and indicators pointing towards oversold conditions. The valuation is mixed, with a high P/E ratio but an attractive dividend yield. These factors combine to give the stock a moderate score.

To see Spark’s full report on ALX stock, click here.

More about Alexander’s

Alexander’s, Inc. is a real estate investment trust with five properties in New York City.

Average Trading Volume: 66,984

Technical Sentiment Signal: Hold

Current Market Cap: $1.08B

Learn more about ALX stock on TipRanks’ Stock Analysis page.

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