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Vornado’s New York Retail Joint Undertaking Defaults on $450 Million Personal loan


Feb 14, 2023
A $450 million mortgage loan on 697-703 Fifth Ave. in New York is in default, according to Vornado Realty Trust, which leads the joint venture that owns the property. (CoStar)

Workplace Leasing Slows for REIT Less than ‘Highly Constrained’ Finance Market

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