Scroll to Top

USA Stock Report

Real Time Stocks News

Vornado Realty Trust (NYSE:VNO) has announced that the partnership that owns the 43-story, 2.1 million square foot, midtown office building at 1290 Avenue of the Americas has completed a $950 million refinancing of the property. The 10-year interest-only loan has a 3.344% interest rate and net proceeds from the refinancing were approximately $522 million after repaying...

The Vornado Realty Trust which is currently under the radar of the investors who have been criticizing it over the lackluster prices of the shares , said that its looking into various options which include the selling off the stake in Toys R Us , breaking up the real estate investment trust and buying back shares. Steve Roth , the Chairman wrote in a letter to the shareholders...