Matthew DiLiberto, CFO at SL Green Realty Corp. (NYSE: SLG), sat down for a video interview at Nareit's REITwise: 2025 Law, Accounting & Finance Conference® in San Antonio, Texas.
DiLiberto participated in a REITwise panel that highlighted the considerations that go into the acquisition of distressed assets. He noted that SL Green prides itself on “investing in unique ways, we’re not very down the middle.”
He added, “The current environment, which seems to be changing by the minute, provides an extraordinary amount of opportunity. Coming into the year, we pivoted to offense. We saw a huge opportunity set, and the recent dislocation and uncertainty breeds opportunity.”
As SL Green considers investing, either through joint ventures or through the capital stack, “the opportunity set continues to grow,” DiLiberto noted.
Challenges to these sorts of transactions include seeking capital, primarily from international institutions, which is a 24/7 operation, he said. An added complication is the structuring of transactions. DiLiberto also commented on the legal and accounting considerations, noting that, “in the environment we’re in, we’re finding new hurdles.”