Vornado closes USD 3.3 billion loan: what it means for Vornado Realty Trust stock

Published on 10/28/2026 at 05:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due November 2 after the NYSE close. Vornado Realty Trust stock last stood at USD 34.33 on October 27, 2026.

Financing and results dates

Vornado closed the 350 Park Avenue joint venture and a USD 3.3 billion construction loan on October 21, 2026.
Vornado holds 36.00 percent of the project, while Citadel Enterprise Americas leases 1.05 million square feet.
Vornado will release third-quarter results on November 2, 2026, after the NYSE close.

VNO, US9290421091, Illustration mit AI erstellt.

Vornado Realty Trust (ISIN US9290421091) closed its 350 Park Avenue joint venture and a USD 3.3 billion construction loan on October 21, 2026, according to GlobeNewswire. The project also secured a 1.05 million square foot anchor lease from Citadel Enterprise Americas.

Vornado Realty Trust said on October 19, 2026, that it will release third-quarter results on November 2, 2026, after the New York Stock Exchange closes. The conference call is scheduled for November 3, 2026, at 10:00 a.m. ET.

What does the loan mean for Vornado?

The financing gives a measurable structure to Vornado's role in the Midtown Manhattan development. Vornado owns 36.00 percent of the joint venture, compared with 60.00 percent for an affiliate of Ken Griffin and 4.00 percent for Rudin, while the tower is designed to deliver 1.90 million square feet of office space, according to GlobeNewswire.

Three milestones set the timeline

On August 3, 2026, Vornado reported second-quarter revenue of USD 462.24 million, up 4.70 percent from the prior year, as reported by Transcript Daily. On October 19, 2026, the company set November 2, 2026, for its third-quarter release, and on October 21, 2026, it closed the 350 Park Avenue financing and lease arrangement.

Dates that matter next

The next two scheduled events are the third-quarter earnings release on November 2, 2026, after the NYSE close, and the earnings call on November 3, 2026, at 10:00 a.m. ET. Both dates were stated in the company's October 19, 2026 release.

NYSE price and market value

Vornado's NYSE quote was last at USD 34.33 on October 27, 2026, at 4:00 p.m. ET. The same market snapshot showed a market capitalization of USD 6.4 billion and a 52-week range of USD 24.57 to USD 41.60.

The further course of trading is shown by the continuously updated real-time quote of Vornado Realty Trust stock.