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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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Billionaire Investor Admits That Being On The JCPenney Board Is A Problem If He Ever Wants To Sell The Stock (JCP, VNO)

Business & Finance : Business Insider: Clusterstock (last year)

Hedge fund titan Bill Ackman, the CEO of Pershing Square, isn't the only one taking a bath on JCPenney's stock. Billionaire real estate mogul Steven Roth's real estate investment trust Vornado Realty is also a huge stakeholder. Vorn... Read Post

Vornado Said to Mull Bond Sale For TALF Deal

Business & Finance : DealBook (5 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 (5 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


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