Real Estate News

Vornado Prices Public Offering of $750 Million of 5-Year and 10-Year Green Bonds

NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- VORNADO REALTY TRUST (NYSE: VNO) today announced that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, has priced an offering of $400million aggregate principal amount of 2.15% senior unsecured notes due June1, 2026 and $350million aggregate principal amount of 3.40% senior unsecured notes due June 1, 2031.

INDUS Announces Acquisition of Industrial/Logistics Building

NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”) announced today that it closed on the acquisition of a fully-leased 127,500 square foot industrial/logistics building in the Lehigh Valley, Pennsylvania market for a purchase price of $11.7 million before transaction costs.

SL Green Signs Kyndryl to 22,500 Square Foot Lease at One Vanderbilt

New headquarters for future IBM spin-off brings the building to 81% leased

NEW YORK, May 14, 2021 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), Manhattan’s largest office landlord, today announced that Kyndryl has signed a 22,531-square-foot, 9-year lease, covering a portion of the 15th floor at One Vanderbilt Avenue for its new global headquarters.

Greystone Affordable Development Transforming Indiana Affordable Housing with 4% and 9% LIHTC Hybrid Portfolio

$45.6 Million Redevelopment Project is Part of Indiana’s Vital “Moving Forward” Rural Development Program;Completes Financing Phase of Project, Including “Twinning” of Both 4% and 9% Tax Credits,and Readies Over a Dozen Properties for Immediate Renovations

NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- Greystone Affordable Development, a national affordable housing developer, is spearheading the $45.6 million redevelopment of 336 affordable housing units in Indiana as part of the state’s “Moving Forward” Rural Development program.

Keweenaw Land Announces Final Vote Results on Matters Before the 2021 Annual Meeting of Shareholders

IRONWOOD, Mich., May 13, 2021 (GLOBE NEWSWIRE) -- Keweenaw Land Association, Limited (OTC US: KEWL) today announced the final results of the shareholder vote of the proposals presented at the Company’s annual meeting held on May 10, 2021, which are as follows:

Proposal 1: Election of five nominees to the Board of Directors, each for a term expiring at the 2022 Annual Meeting.

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