Shares of what’s to become Maryland’s largest publicly traded real estate developer could be worth a combined $5.7 billion once it starts trading on the New York Stock Exchange in mid-July, according to new federal financial filings information. Vornado Realty Trust (NYSE: VNO) estimates the net asset value at about $41.34 per share for JBG Smith, the combination of its D.C. business unit with that of Chevy Chase developer The JBG Cos., according to an investor presentation Vornado filed with the…
from http://www.bizjournals.com/baltimore/news/2017/06/27/now-we-know-just-how-much-jbg-smith-might-trade.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/162324597367
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