Vornado Realty Trust (VNO) has reportedly bid for the parent of the second-largest manager of...

|About: Vornado Realty Trust (VNO)|By:, SA News Editor

Vornado Realty Trust (VNO) has reportedly bid for the parent of the second-largest manager of delinquent CRE loans in the U.S. A buyer for CW Financial - which services $18B in delinquent CRE loans - could be chosen in the coming week, and Apollo Global Management and Centerbridge have reportedly dropped out.