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Fully integrated equity REIT $VNO completed the refinancing of theMART in Chicago for $675MM, wherein the five-year interest-only loan matures in Sept. 2021 and has a fixed rate of 2.70%. Net proceeds amounting to approx. $124MM were realized by the company after repaying the existing 5.57% $550MM loan and closing costs.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!