Vornado reaches debt deal on Northern Virginia portfolio

11/4/2013 | American City Business Journals

Vornado Realty Trust has reached a deal in which it has modified the $678 million in debt on its Skyline office portfolio in Falls Church, Va. The deal allows the REIT to extend the maturity date to 2022 from 2017. It has also committed $25 million for interest shortfalls and property improvements.

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