Tag Archives: Stephen Roth

Mr. Vornado (VNO) Exits Washington – JBG Smith Properties Spinoff On Track For Q2

By |
5 Comments

New York, New York. It’s a tune Vornado Realty Trust (VNO) shareholders should get used to humming once the company’s upcoming Washington DC property spinoff is completed. The spinoff will actually be executed via Reverse Morris Trust, with the company spinning out its properties into a separate entity and subsequently merging them into the privately held JBG Properties.… Read More »

Vornado Looking To Strip Down By Spinning Off Its Strip Mall Assets

By |
0 Comment

The New Yorker magazine featured a famous cover in 1976 which aptly captured the self-centered New Yorker view of the world. Lets just say that New Yorkers feel that precious few non-New York locales are even worth noticing. Real estate firm Vornado Realty Trust (VNO) seems to feel (mostly) the same way as the company announced that it would spin… Read More »