Mr. Vornado (VNO) Exits Washington – JBG Smith Properties Spinoff On Track For Q2

New York, New York. It’s a tune Vornado Realty Trust (VNO) shareholders should get used to humming once the company’s upcoming Washington DC property spinoff is completed. The spinoff will actually be executed via Reverse Morris Trust, with the company spinning out its properties into a separate entity and subsequently merging them into the privately held JBG Properties.… Read More »