Facebook Twitter LinkedIn Google Plus RSS

Vornado finances Washington, D.C., office complex

By ,

Paramus-based Vornado Realty Trust announced Tuesday that it has completed a $185 million financing of the Universal buildings, a two-building complex in Washington, D.C.

The real estate investment trust said in a news release that the loan for the previously unencumbered 690,000-square-foot office buildings bears interest at LIBOR plus 1.9 percent and matures in 2019 with two one-year extension options.


As officials react to announcement that Revel will close, A.C. mayor is critical of decision

The 10 unfriendliest cities in the country: New Jersey puts two on the list — including No. 1

EDA votes to approve more than $27M in Grow NJ incentives

More From This Industry

Write to the Editorial Department at editorial@njbiz.com

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy