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Slate Office Faces Default on Debentures

REIT Owns Office Properties Across Canada and in Chicago
A Slate Office REIT property on LaSalle St. in Chicago. (Robert Gigliotti/CoStar)
A Slate Office REIT property on LaSalle St. in Chicago. (Robert Gigliotti/CoStar)
CoStar News
June 25, 2024 | 5:38 P.M.

Slate Office REIT, a real estate investment trust that owns high-profile towers across Canada and in downtown Chicago, is facing default on its revolving credit facility and expects to stop making interest payments on some of its debt.

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