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Slate Office Marks Down Assets by $154 Million

REIT Keeps Selling Property as It Failed to Pay Some Principal Due on Debt
Slate Office REIT's 20 S. Clark Street in Chicago. (CoStar)
Slate Office REIT's 20 S. Clark Street in Chicago. (CoStar)
CoStar News
August 19, 2024 | 5:54 P.M.

Slate Office REIT, a landlord with 50 investment properties on both sides of the border, decided to forgo a previously scheduled second-quarter conference call this month as it marked down the value of its assets and said it failed to pay principal on some of its debt.

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