STOCK TITAN

Vornado Names Jason Kirschner Executive Vice President – Head of Capital Markets

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Vornado Realty Trust appoints Jason Kirschner as Executive Vice President - Head of Capital Markets
Positive
  • Jason Kirschner brings over 20 years of experience in real estate financing, having executed over $35 billion of real estate financings. His appointment may positively impact Vornado Realty Trust's capital markets operations.
Negative
  • None.

Executive Vice President – Head of Capital Markets

NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced the appointment of Jason Kirschner, 47, as the Company’s Executive Vice President – Head of Capital Markets. Mr. Kirschner reports to Michael Franco, Vornado’s President and Chief Financial Officer.

Mr. Kirschner brings more than 20 years of experience in financing both existing buildings and new developments, particularly in Manhattan. During his career he has sourced and executed over $35 billion of real estate financings. Prior to joining Vornado, Mr. Kirschner was Managing Director – Finance & Capital Markets at Hudson Realty Capital, an RXR affiliate, for two years and previously served at Brookfield Properties for over 10 years, most recently as Senior Vice President – Finance & Capital Markets.

Mr. Kirschner earned his undergraduate degree from The Wharton School at The University of Pennsylvania and an M.B.A., with a concentration in Real Estate, from Columbia Business School.

Vornado Realty Trust is a fully-integrated equity real estate investment trust.

CONTACT

Thomas J. Sanelli
(212) 894-7000

Certain statements contained herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. You can find many of these statements by looking for words such as "approximates," "believes," "expects," "anticipates," "estimates," "intends," "plans," "would," "may" or other similar expressions in this press release. For a discussion of factors that could materially affect the outcome of our forward-looking statements and our future results and financial condition, see “Risk Factors” in Part I, Item 1A, of our Annual Report on Form 10-K for the year ended December 31, 2022. Currently, some of the factors are the increase in interest rates and inflation and the continuing effect of the COVID-19 pandemic on our business, financial condition, results of operations, cash flows, operating performance and the effect that these factors have had and may continue to have on our tenants, the global, national, regional and local economies and financial markets and the real estate market in general.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/531aaca2-61db-45fa-82cc-dc8a83385b83


FAQ

Who is the new Executive Vice President of Vornado Realty Trust?

Jason Kirschner

What is Jason Kirschner's experience in?

Real estate financing, particularly in Manhattan

How much real estate financings has Jason Kirschner executed?

Over $35 billion

Who does Jason Kirschner report to?

Michael Franco, Vornado's President and Chief Financial Officer

What is Vornado Realty Trust?

A fully-integrated equity real estate investment trust

Vornado Realty Trust

NYSE:VNO

VNO Rankings

VNO Latest News

VNO Stock Data

7.82B
190.65M
8.16%
94.83%
6.74%
REIT - Office
Real Estate Investment Trusts
Link
United States of America
NEW YORK