Income Opportunity Realty Investors, Inc. shares fall 2.06% after-hours as SL Green raises $1.0 billion for opportunistic debt fund.

Income Opportunity Realty Investors, Inc. declined 2.06% in after-hours trading. The news event that aligns with this movement is the announcement by SL Green Realty Corp. that it has surpassed its initial $1.0 billion fundraising goal for the SLG Opportunistic Debt Fund. This news may have caused investors to reassess the value of Income Opportunity Realty Investors, Inc. in comparison to SL Green Realty Corp., leading to a decrease in its stock price.