Vornado ( VNO ) and Crown Acquisitions are buying the retail condominium attached to ..... Regis Hotel, along with the adjacent retail townhouse, for $700M. Vornado will own 67%-80%, and Crown the balance. Final ownership percentages
Power shopping center Beverly Connection sold for $260M - $239M in cash and $21M in seller financing. The sale results in a net gain of about $44M which Vornado ( VNO ) will recognize in Q3. Source: Press Release Post your comment!
Vornado SpinCo files a preliminary prospectus for the spinoff of Vornado 's ( VNO ) shopping center business, consisting of 80 strip centers, four malls, and a warehouse park. Post your comment!
With the investment of an additional $22.7M, Vornado Realty Trust ( VNO ) is now the majority owner in One Park Avenue, increasing its stake to 55% from 49.7% through a JV with the Canada Pension
spinoff strategy has become more of a trend lately as a number of REITs such as Ashford Hospitality Trust ( AHT ) and Vornado Realty ( VNO ) have chosen to create popular vehicles in which assets are pruned-off and portfolios are repositioned to
Office and retail landlord Vornado Realty Trust reported first-quarter results ..... were a positive 8.8% (meaning Vornado will be receiving 8.8% greater ..... point jump in occupancy to 97%. Vornado 's Washington, D.C., properties
Good morning and welcome to the Vornado Realty Trust First Quarter 2014 Earnings Call. My name is Vivian ..... and-answer session. Thank you. Welcome to Vornado Realty Trust first quarter earnings call. Yesterday afternoon
Vornado Realty Trust 's plan to spin off its retail shopping ..... very good demographic characteristics, Vornado 's remaining portfolio of office and ..... Washington portfolio will make up 91% of Vornado 's EBITDA, up from roughly 80% today
investment trusts ( REITs ) and home builders. Typical REITs are Boston Properties ( BXP ), Kilroy ( KRC ), Vornado Realty Trust ( VNO ) and S.L. Green Realty Corp. ( SLG ). Many of the largest real estate companies also trade publicly. If
Some of Vornado 's recent noncore investments have appeared ..... in Washington, D.C., will dampen Vornado 's results for the foreseeable future ..... making it difficult for landlords such as Vornado to make money with acquisitions. With