|Bid||21.25 x 1200|
|Ask||22.40 x 1100|
|Day's Range||21.67 - 22.21|
|52 Week Range||19.39 - 26.51|
|Beta (5Y Monthly)||1.21|
|PE Ratio (TTM)||34.49|
|Forward Dividend & Yield||1.35 (6.33%)|
|Ex-Dividend Date||Jun 14, 2022|
|1y Target Est||N/A|
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An affiliate of Vornado Realty Trust (NYSE: VNO) sold a retail building on Lincoln Road in Miami Beach for $93.6 million. The buyer was the same group that purchased the distressed debt on the building earlier this year. VCP Lincoln Road LLC, an affiliate of New York-based Vornado, sold the 127,000-square-foot retail center and a 291-space parking garage at 1100 Lincoln Road to B.H. 1100 Lincoln Road LLC, an affiliate of Los Angeles-based BH Properties, led by CEO Steve Gozini.
Springfield Town Center's owner has filed plans for a seven-story hotel to be constructed on a parking lot surrounding the existing mall, which has long been envisioned for mixed-use development. The new hotel, depicted in an architectural rendering as a Home2 Suites by Hilton, would span two parcels fronting Loisdale Road near its intersection with Spring Mall Drive, both owned by Philadelphia-based Pennsylvania Real Estate Investment Trust (NYSE: PEI). This comes on the heels of a Texas company’s pitch to put a 460-unit residential building just south of where the hotel would go.
Oversold dividend stocks present an attractive opportunity to buy into steady, assured income streams at bargain prices Western Union (WU): Consistent dividend payor even amid the slowdown engendered by geopolitical tensions and macroeconomic uncertainty Vornado Realty (VNO): Operating performance has been on the mend following the Covid-induced downturn, increasing the appeal of this oversold dividend stock Blackstone (BX): Reputed asset management firm with a diversified portfolio and robust s