Vornado Realty Trust in Paramus, NJ, completed a $ 330 million refinancing of Eleven Penn Plaza, a 1.1 million-square-foot Manhattan office building. The 7-year loan bears interest at LIBOR plus 2.35%, about 2.64%. The loan amortizes based on a 30-year schedule beginning in the fourth

Merchandise Mart Properties Inc., a subsidiary of Vornado Realty Trust (NYSE: VNO), completed its sale of the Shops at the Mart building park for $ 228 million, or about $ 188 per square foot. Shorenstein Properties LLC made the purchase on behalf of its $ 1.23 billion Shorenstein Rea

Vornado has purchased a stake in 666 Fifth Avenue and announced a recapitalization of the tower. National Real Estate Investor

Kimco Realty Corp. in New Hyde Park, NY, closed on a $ 1.75 billion unsecured revolving credit facility replacing both the company’s $ 1.5 billion unsecured U.S. credit facility and a $ 250 million Canadian credit facility. The new facility, which can be increased to $ 2.25 bill

Vornado announces the sale of a Chicago office building and four retail properties in New York. National Real Estate Investor