NJ Panel Backs Cannabis License Denial Over Odor Concerns
A New Jersey city's officials can deny a micro cannabis dispensary's license application based on concerns they have about the business's odor mitigation plan and consumption lounge, a state appeals court rule... (more story)
Chiron Nabs 3 Communities For $425M In Senior Living Pivot
Chiron Real Estate Inc. announced that it has acquired three senior living communities in a series of transactions totaling $425 million, part of the real estate investment trust's current repositioning.
It's A Landlord's Market At Last, Office REITs Say
As New York's office market notched its best first quarter for leasing in more than a decade, office owners said they're seeing demand return to cities such as San Francisco and Chicago as well as Class B buil... (more story)
Buffalo Diocese Seeks OK For $4.6M HQ Sale
The Roman Catholic Diocese of Buffalo, New York, has asked for a bankruptcy court's permission to accept a $4.6 million offer for its headquarters, after its stalking horse bidder was outbid.
Another Investor Takes Aim At Braemar, Ashford Ties
Braemar Hotels & Resorts Inc.'s largest shareholder urged the real estate investment trust on Friday to elect new directors at an upcoming shareholder meeting, warning that a recent pivot to selling off indivi... (more story)
Insurer Doesn't Owe Coverage For Missouri Tree-Cutting Suit
A Missouri man is not entitled to coverage for a suit claiming he trespassed on a farm's property and cut down valuable trees, a federal court ruled, citing a policy exclusion for property damage arising out o... (more story)
CrossCountry Raises Bid For Two Harbors To Fend Off Rival
Two Harbors Investment Corp. said Friday that Ohio-based origination company CrossCountry Mortgage has amended a proposed merger agreement to match a competing $1.3 billion offer to acquire the real estate inv... (more story)