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Vornado Said to Raise Private Equity Fund

Vornado Realty Trust, the real estate investment trust, is gearing up to launch its own private equity fund to buy bargain-basement properties, according to The Wall Street Journal. The Paramus, N.J., company is meeting with investors, hoping to raise $1 billion for its venture, tentatively called Vornado Capital Partners LP, according to The Journal, which cited [...]
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Vornado Said to Mull Bond Sale For TALF Deal

Business & Finance : DealBook (4 years ago)

Vornado Realty Trust is looking to raise between $550 million and $600 million through a bond sale, The Wall Street Journal said, citing people familiar with the matter. Read Post

Blackstone Inks Deal With Glimcher Realty

Business & Finance : DealBook (4 years ago)

Blackstone Group has inked a deal to a stake in two malls owned by Glimcher Realty Trust, through a joint venture set up by the private equity giant and the real estate investment trust. Read Post

The Founder Of An Elite Private Investment Club Is Selling His Connecticut Waterfront Mansion For $11.9 Million

Business & Finance : Business Insider: Clusterstock (13 hours ago)

The Wall Street Journal reports that real estate developer Michael Sonnenfeldt is selling his Southport, Connecticut waterfront mansion for $11.9 million. Sonnenfeldt is the founder of TIGER 21— an elite and private investment group... Read Post


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