After Yesterday's Decline of 1.49%, Vornado Realty Trust Offers Investors Better Value
Comtex SmarTrend(R) - Thu Jul 07, 2:18PM CDT
Vornado Realty Trust (NYSE:VNO) traded in a range yesterday that spanned from a low of $97.42 to a high of $99.30. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $99.16 on volume of 334,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
VNO: 100.94 (+0.11)
SmarTrend Watching for Potential Rebound in Shares of Vornado Realty Trust After 1.49% Loss
Comtex SmarTrend(R) - Thu Jul 07, 2:16PM CDT
Vornado Realty Trust (NYSE:VNO) traded in a range yesterday that spanned from a low of $97.42 to a high of $99.30. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $99.16 on volume of 334,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
VNO: 100.94 (+0.11)
CIT Serves as Sole Lead Arranger of $65 Million Financing for Madison Capital and Vornado Realty Trust
BusinessWire - Wed Jul 06, 7:30AM CDT
--Facility Will Finance the Acquisition and Construction Costs for a 34,170-Square-Foot Retail and Office Building
VNO: 100.94 (+0.11), CIT: 33.72 (+0.54)
After Yesterday's Rally of 1.40% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 15, 2:03PM CDT
Vornado Realty Trust (NYSE:VNO) traded in a range yesterday that spanned from a low of $95.84 to a high of $97.56. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $97.08 on volume of 259,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
VNO: 100.94 (+0.11)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 100.94 (+0.11), PSB: 109.14 (-0.38), CLI: 28.12 (+0.10), WSR: 15.85 (-0.02)
Vornado Completes $300 Million Financing of 7 West 34th Street and Sells a 47% Interest
Marketwire Canada - Thu Jun 02, 5:34PM CDT
NEW YORK, NY--(Marketwired - June 02, 2016) - VORNADO REALTY TRUST (NYSE: VNO) announced today that it has sold to sovereign wealth fund, Korea Post, a 47% interest in 7 West 34th Street, a 477,000 square foot Manhattan office building leased to Amazon, at a value of $561 million or $1,176 per square foot. Vornado will continue to own a 53% interest and continue to manage and lease the property.
VNO: 100.94 (+0.11)
Will SL Green (SLG) Grow with Stake Buyout, Refinancing?
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:26AM CDT
We updated our research report on SL Green Realty Corporation (SLG) on May 30, 2016.
VNO: 100.94 (+0.11), SLG: 108.79 (+1.74), PSB: 109.14 (-0.38), CLI: 28.12 (+0.10)
SL Green, Vornado Close Refinancing for Manhattan JV Asset
Zacks Equity Research - Zacks Investment Research - Thu May 19, 8:09AM CDT
SL Green Realty Corp. (SLG) and Vornado Realty Trust (VNO) completed the $900 million refinancing of a Manhattan office building that is held in JV by the two REITs.
VNO: 100.94 (+0.11), SLG: 108.79 (+1.74), PSB: 109.14 (-0.38), WSR: 15.85 (-0.02)
SL Green & Vornado Complete $900 Million Refinancing of 280 Park Avenue
Marketwire Canada - Wed May 18, 3:20PM CDT
NEW YORK, NY--(Marketwired - May 18, 2016) - SL Green Realty Corp. (NYSE: SLG) and Vornado Realty Trust (NYSE: VNO) today announced that they have closed on the refinancing of 280 Park Avenue, a premier 1,250,000 square foot Manhattan office building that is held by the companies in a joint venture.
VNO: 100.94 (+0.11), SLG: 108.79 (+1.74)
Upgrade Alert for Vornado Realty Trust (VNO)
Comtex SmarTrend(R) - Tue May 17, 3:11AM CDT
Vornado Realty Trust (NYSE:VNO) was upgraded from Hold to Buy at Evercore ISI today. The stock closed yesterday at $96.86 on volume of 685,000 shares, below average daily volume of 699,000. Vornado Realty Trust is a fully-integrated real estate investment trust. The trust owns, manages and leases office properties in New York City, Washington, DC, and California. The Company also owns retail properties Washington, DC and Puerto Rico.
VNO: 100.94 (+0.11)
Vornado Refinances The Warner Building for $273 Million
Zacks Equity Research - Zacks Investment Research - Wed May 11, 7:52AM CDT
Vornado Realty Trust (VNO) has made the announcement of the completion of $273 million refinancing of Washington, DC-based office building, The Warner Building.
VNO: 100.94 (+0.11), WSR: 15.85 (-0.02), GLPI: 34.99 (+0.02), BOXC: 21.88 (+0.61)
Vornado Completes $273 Million Refinancing of The Warner Building in Washington, DC
Marketwire Canada - Tue May 10, 4:27PM CDT
NEW YORK, NY --(Marketwired - May 10, 2016) - VORNADO REALTY TRUST (NYSE: VNO) announced today that its 55% owned joint venture has completed a $273 million refinancing of The Warner Building, a 621,000 square foot office building located at 1299 Pennsylvania Avenue three blocks from the White House. The seven-year loan matures in June 2023, has a fixed rate of 3.65%, is interest only for the first two years and amortizes based on a 30-year schedule beginning in year three.
VNO: 100.94 (+0.11)
Watch for Vornado Realty Trust to Potentially Rebound After Falling 1.33% Yesterday
Comtex SmarTrend(R) - Fri May 06, 2:26PM CDT
Vornado Realty Trust (NYSE:VNO) traded in a range yesterday that spanned from a low of $93.35 to a high of $95.08. Yesterday, the shares fell 1.3%, which took the trading range below the 3-day low of $93.57 on volume of 525,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
VNO: 100.94 (+0.11)
The Zacks Analyst Blog Highlights: Taubman Centers, Vornado Realty Trust, Brookfield Property Partners, Care Capital Properties and National Health Investors
Zacks Equity Research - Zacks Investment Research - Fri May 06, 8:30AM CDT
The Zacks Analyst Blog Highlights: Taubman Centers, Vornado Realty Trust, Brookfield Property Partners, Care Capital Properties and National Health Investors
VNO: 100.94 (+0.11), BPY: 23.46 (+0.38), CCP: 27.08 (+0.54), NHI: 77.13 (+0.13), TCO: 76.28 (-0.09)
REIT Earnings to Watch on May 6: BPY, CCP, NHI
Zacks Equity Research - Zacks Investment Research - Thu May 05, 6:36AM CDT
3 REITs which are slated to report on May 6 are BPY, CCP and NHI.
VNO: 100.94 (+0.11), BPY: 23.46 (+0.38), CCP: 27.08 (+0.54), NHI: 77.13 (+0.13), TCO: 76.28 (-0.09)