Related news from  |
Tue, 03 Feb 2026 06:09:47 +0000 |
A Look At Newmark Group (NMRK) Valuation After Major PENN District And Multifamily Financing Wins
Newmark Group (NMRK) is back in focus after being named exclusive leasing agent for Vornado Realty Trust’s retail transformation in THE PENN District and for arranging a $690m refinancing for a 13 property multifamily portfolio. See our latest analysis for Newmark Group. These new mandates arrive as Newmark’s 1-year total shareholder return of 26.82% and 5-year total shareholder return of 118.66% contrast with a modest 2.30% year to date share price return. This suggests that longer term...
|
Mon, 02 Feb 2026 13:30:00 +0000 |
Newmark Engaged by Vornado Realty Trust for Next Phase of THE PENN DISTRICT Retail Renaissance
Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the Company has been named by Vornado Realty Trust as the exclusive leasing agent for the next stage in its retail transformation in THE PENN DISTRICT on Manhattan's new West Side.
|
Mon, 02 Feb 2026 13:30:00 +0000 |
Vornado Realty Trust Engages Newmark for Next Phase of THE PENN DISTRICT Retail Renaissance
NEW YORK, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced it has named Newmark as the exclusive leasing agent for the next stage in its retail transformation in THE PENN DISTRICT on Manhattan’s new West Side. Vornado has tapped the Newmark retail team overseen by Chairman of Global Retail Mark Masinter, who will work closely with Newmark’s Retail Vice Chairman Karen Bellantoni, Jackie Totolo, Pierce Thompson, and Nick Masinter. The reinvention of Vornado’s reta
|
Wed, 28 Jan 2026 23:45:00 +0000 |
New York Real Estate Trusts Dip on Mayor Mamdani’s Wealth Tax Plan
The new mayor of New York City is getting serious about raising taxes on the wealthiest residents of the nation’s largest city, and it’s putting pressure on stocks of real estate investment trusts, especially those focused on the New York market. While any plan to do so would need state approval, Mayor Zohran Mamdani made it clear in a Wednesday press conference that he’s not going to drop the idea. “New York City is facing a serious fiscal crisis,” he added, citing a $12 billion fiscal deficit that he says the city inherited from former Mayor Eric Adams that was exacerbated by insufficient funding from New York state.
|
Mon, 26 Jan 2026 15:08:17 +0000 |
What Vornado Realty Trust (VNO)'s Studio Lease and Amazon-Backed Refi Moves Mean For Shareholders
Vornado Realty Trust’s joint venture partners announced that Paramount Television Studios signed the first 70,000-square-foot lease at Sunset Pier 94 Studios, while Vornado’s 53% owned joint venture completed a US$250,000,000 refinancing of 7 West 34th Street, a Class A Manhattan office building fully leased to Amazon. Together, the anchor studio lease and reduced recourse debt highlight Vornado’s focus on high-profile tenants and capital structure improvement across key New York assets...
|
Mon, 26 Jan 2026 15:00:00 +0000 |
Here's Why Investors Should Retain BXP Stock in Their Portfolio Now
Premier office assets, long-term leases, capital reallocation and liquidity support BXP's growth, even as competition and construction costs pose risks.
|
Mon, 26 Jan 2026 13:14:00 +0000 |
Vornado JV Completes $250 Million Refinancing of 7 West 34th Street
NEW YORK, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 53% owned joint venture has completed a $250 million refinancing of 7 West 34th Street, a 477,000 square foot Class A Manhattan office building. Amazon leases all of the office space at the property. The non-recourse, five-year interest only loan matures in February 2031 and has a fixed rate of 5.79%. The joint venture paid down by $50 million the prior $300 million loan that was fully recourse t
|
Wed, 21 Jan 2026 15:42:00 +0000 |
Alexander’s Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
PARAMUS, N.J., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that it will file its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 9, 2026, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings conferen
|
Wed, 21 Jan 2026 15:16:00 +0000 |
Vornado Announces Fourth Quarter Earnings Release Date and Conference Call Information
NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 9, 2026, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, February 10, 2026 at 10:00 a.m. Eastern Time (
|
Fri, 16 Jan 2026 14:20:00 +0000 |
Vornado Reports First Lease at Sunset Pier 94 Studios With Paramount
VNO's inaugural 70,000-square-foot lease at Sunset Pier 94 Studios with Paramount highlights diversification and strengthens long-term revenue visibility.
|
Thu, 15 Jan 2026 21:15:00 +0000 |
Sunset Pier 94 Studios Announces Inaugural Lease with Paramount Television Studios for Dexter®: Resurrection Ahead of Opening
NEW YORK, January 15, 2026--Today, Vornado Realty Trust (NYSE: VNO), Hudson Pacific Properties, Inc. (NYSE: HPP), and Blackstone Real Estate, joint venture partners behind Sunset Pier 94 Studios, Manhattan’s first purpose-built studio facility, announced Paramount Television Studios has signed the first lease ahead of the studio’s opening this month. Paramount Television Studios’ lease of 70,000 square feet will be used for filming the second season of the Showtime original series Dexter: Resurr
|
Mon, 12 Jan 2026 11:07:03 +0000 |
Does Plaza District Site Acquisition and Demolition Plan Change The Bull Case For Vornado Realty Trust (VNO)?
Vornado Realty Trust recently acquired 3 East 54th Street in Manhattan’s Plaza District for US$141 million, using a US$107 million mortgage it already held toward the purchase price, and plans to demolish the existing structures on the 18,400-square-foot site zoned for about 232,500 buildable square feet. This demolition-ready parcel sits beside Vornado’s Upper Fifth Avenue and Plaza District holdings, meaning the purchase effectively consolidates a contiguous cluster of high-profile...
|
Mon, 12 Jan 2026 02:07:41 +0000 |
A Look At Vornado Realty Trust’s (VNO) Valuation After Plaza District Acquisition And US$2b Refinancing
Vornado Realty Trust (VNO) has attracted fresh attention after buying 3 East 54th Street in Manhattan’s Plaza District for $141 million, while also completing over $2.0b of refinancing to extend and increase key credit facilities. See our latest analysis for Vornado Realty Trust. These Plaza District moves and over US$2.0b of refinancing come as the shares trade at US$34.51, with a 3.2% year to date share price return and a 6.6% decline in 1 year total shareholder return. The 3 year total...
|
Fri, 09 Jan 2026 16:14:00 +0000 |
How Vornado Is Expanding in Manhattan While Strengthening Liquidity
VNO expands in Manhattan with a $141 Million Plaza District site buy while extending debt maturities.
|
Wed, 07 Jan 2026 22:57:00 +0000 |
Vornado Acquires 3 East 54th Street, a Premier Plaza District Development Site
NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has acquired 3 East 54th Street, a demolition-ready asset situated on 18,400 square feet of land, for $141 million. Vornado acquired the mortgage on this property in two transactions in 2024 and 2025; the loan balance has accrued to $107 million, including default interest and advances. In connection with the acquisition, the $107 million loan balance was credited towards the purchase price. The s
|
Wed, 07 Jan 2026 22:49:00 +0000 |
Vornado Prices Public Offering of $500 Million of 7-Year Bonds
NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, has priced an offering of $500 million aggregate principal amount of 5.75% senior unsecured notes due February 1, 2033. Interest on the notes will be payable semiannually on February 1 and August 1, commencing August 1, 2026. The notes were priced at 99.824% of their face amount to yield 5.78%. Th
|
Wed, 07 Jan 2026 22:20:00 +0000 |
Vornado Extends Maturities of $2 Billion of Revolving Credit Facility and Term Loan
NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has completed the following refinancings, totaling over $2.0 billion: 2031 Revolving Credit Facility – Vornado Realty L.P. extended the maturity date of this revolving credit facility from December 2027 to February 2031 (as fully extended). This $1.105 billion facility currently bears interest at a rate of SOFR plus 1.05% and has a facility fee of 0.25%Term Loan - Vornado Realty L.P. concurrently
|
Wed, 24 Dec 2025 16:05:00 +0000 |
Cousins Properties vs. Vornado: Which Office REIT Is the Better Buy?
CUZ edges past peers as Sun Belt demand, stronger growth visibility and a robust development pipeline give it an advantage over VNO.
|
Fri, 19 Dec 2025 15:20:00 +0000 |
Office Real Estate Rebound in the Cards in 2026? 2 REITs to Watch
CUZ and VNO stand out as premium U.S. office demand rises, supply tightens, and easing rates set the stage for a modest leasing rebound in 2026.
|
Wed, 17 Dec 2025 18:13:27 +0000 |
Reassessing Vornado Realty Trust After Sharp Swings In New York Office Market Expectations
If you are wondering whether Vornado Realty Trust is a bargain or a value trap at its current price, you are not alone. This breakdown tackles that question head on. Despite being up 70.2% over the last 3 years and 14.6% over 5 years, the stock has slipped 19.1% year to date and 23.0% over the past 12 months, leaving it roughly flat over the last month and slightly down 0.2% in the past week. Those swings have come as investors reassess the outlook for prime office and retail real estate in...
|