The Motley Fool
Will Vornado Realty Trust Shares Hit $115?
While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at particularly stock-shaking upgrades and downgrades -- just in case their reasoning behind the call makes sense.
Trending on the Topix Network
Fri Mar 07, 2014
Humana downgraded to Hold from Buy at Jefferies
On The Fly: Analyst Downgrade Summary DiamondRock downgraded to Neutral from Buy at ISI Group... Dynamic Materials downgraded to Neutral from Overweight at JPMorgan... Fresenius Medical downgraded to Neutral from Buy at UBS... Humana downgraded to Sell from Neutral at Citigroup... Jazz Pharmaceuticals downgraded to Hold from Buy at Cantor...
Thu Mar 06, 2014
Goldman bullish on commercial real estate names
"Vornado has underperformed the REIT index by 15% over the past three years on investments in J.C. Penney and Toys R Us, combined with deterioration in VNO's Washington DC office portfolio ," says analyst Brad Burke, resuming the name at Conviction Buy with $115 price target.
Wed Mar 05, 2014
The Real Deal
Bank of China was lender in Vornadoa s $600 million development loan
In what will likely be one of the largest loans issued in Manhattan this year, The Bank of China was identified as the financier of Vornado Realty Trust's long-delayed luxury condominium at 220 Central Park South in city records.
Tue Mar 04, 2014
PREIT will pay $465M for Virginia mall
The Philadelphia-based mall owner will buy the Springfield Town Mall in Fairfax County, Va., for $465 million.
Vornado Sells Springfield Town Center for...
Vornado Realty Trust has entered into an agreement with Pennsylvania REIT to sell Springfield Town Center for $465 million in a cash-and-stock transaction that was negotiated off market.
Mon Mar 03, 2014
Vornado trading former Springfield Mall for $465M
Vornado Realty Trust is getting out of Springfield. When finished with the redo of Springfield Mall late this year, Vornado will trade the newly minted Springfield Town Center to the Pennsylvania Real Estate Trust for nearly $500 million.
Thu Feb 27, 2014
The Real Deal
Vornado sells Long Island mall to KKR-led group
Vornado Realty Trust sold Broadway Mall on Long Island to an investor group that included private equity bigwig KKR for $94 million.
Wed Feb 26, 2014
Vornado Realty Trust Downgraded to "In-Line" at Citigroup Inc.
They currently have a $96.00 price objective on the stock. Citigroup Inc.'s target price would suggest a potential upside of 1.40% from the company's current price.
WeWork bullish on D.C.'s tech outlook
WeWork will open its second D.C. location in the Wonder Bread Factory at 641 S St. NW in early March with plans to open two more in Dupont Circle and Crystal City in the future.
New York Post
New York & Co. to shift to Vornado building on 34th St.
Women's apparel retailer New York & Co. signed a new lease and will move its headquarters to 185,000 square feet in the Vornado Realty building at 330 W. 34th St., The Post has learned.
Tue Feb 25, 2014
Vornado to put $10M in Paul Singh's Crystal Tech Fund
Vornado Realty Trust is investing $10 million in venture capitalist Paul Singh's Crystal Tech Fund, a planned $50 million venture fund aimed at "post-seed" startups.
Vornado turns to tech to help transform Crystal City
Vornado Realty Trust is turning to the D.C. area tech community to help it fill millions of square feet of vacant space created by the Pentagon's 2005 Base Realignment and Closure plan and other seismic shifts that have rocked the region's commercial real estate market over the past few years.
Vornado Realty Trust Management Discusses Q4 2013 Results - Earnings Call Transcript
Welcome to the Q4 2013 Vornado Realty Trust Earnings Release Conference Call. My name is Vanessa, and I'll be your operator for today's call.
Vornado Realty LP Files (8-K) Disclosing Change in Directors or Principal Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Mon Feb 24, 2014
Vornado Realty Trust - 10-K - Management's Discussion and Analysis of ...
Overview 37 Overview - Leasing activity 42 Critical Accounting Policies 47 Net Income and EBITDA by Segment for the Years Ended 76 Related Party Transactions 78 Liquidity and Capital Resources 79 Financing Activities and Contractual Obligations 79 Certain Future Cash Requirements 83 Cash Flows for the Year Ended is a fully integrated real estate ... (more)
Sun Feb 23, 2014
Will Vornado's Asset Divestment Solve Its Debt?
I like to keep an eye on the developments of the real estate industry. Sometimes, I come across interesting investment options, like Vornado Realty Trust , which will be declaring its earnings this Monday 24th of February.
Fri Feb 21, 2014
Thu Feb 20, 2014
CB 11 Approves 32-Story Towers' Parking Variance in Exchange for Jobs
A developer was given the green light to build two 32-story apartment towers in East Harlem this week by guaranteeing construction and retail jobs for residents.
Tue Feb 18, 2014
The Real Deal
NYSE trading down as space needs shrink
The New York Stock Exchange is reducing its workforce in downtown Manhattan and with it, the amount of space it needs.