Welcome to our dedicated page for Alexander's news (Ticker: ALX), a resource for investors and traders seeking the latest updates and insights on Alexander's stock.
Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust with a concentrated portfolio of five properties in New York City. This news page brings together company announcements and regulatory disclosures that highlight how Alexander’s manages and finances its nonresidential buildings, including retail and shopping center assets.
Readers can find updates on quarterly and year-to-date financial results, where Alexander’s reports net income and Funds from Operations (FFO) in line with the NAREIT definition. These releases explain how FFO is calculated, how it differs from GAAP net income, and why management, investors and analysts use it to compare operating performance among REITs.
The news flow also covers capital markets and property-level financing activity. Examples include the completion of a $175 million refinancing of the Rego Park II shopping center in Queens, New York, and the restructuring of a $300 million mortgage loan on the retail condominium units of the 731 Lexington Avenue property in Manhattan. Related Form 8-K filings describe the terms of these loans, including maturity dates, interest structures and payment waterfalls.
In addition, Alexander’s issues press releases about regular quarterly dividends declared by its Board of Directors, providing insight into its distribution practices as a REIT. The company also announces timing for its Form 10-Q filings and notes that Vornado Realty Trust, the manager that conducts Alexander’s operations, may discuss Alexander’s on its quarterly earnings conference calls.
Investors and followers of ALX can use this page to review historical announcements, monitor changes in financing arrangements for key properties, and track the company’s reported financial performance and dividend declarations over time.
ALEXANDER’S, INC. (NYSE: ALX) announced a quarterly earnings conference call hosted by Vornado Realty Trust (NYSE: VNO) on August 4, 2020, at 10:00 a.m. ET. This call will provide insights into Alexander’s operations. Interested parties can join by calling 888-771-4371 (domestic) or 847-585-4405 (international), using passcode 49760489. A live webcast will be available on Vornado’s investor relations page.
Alexander’s is a real estate investment trust with seven properties in the greater New York City metropolitan area.
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