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The properties were purchased from Cammeby's International Group for $166 million in addition to their existing debt.

The rebranding to Diversified Healthcare Trust marks a milestone in the company's transformation, which includes the anticipated conversion of SNH's existing triple-net leases with Five Star Senior Living Inc. into management agreements that was expected to occur on Jan. 1.

The latest approvals will allow the existing medical cannabis dispensaries to obtain an adult use dispensing license.

The addition of G&P increases NFI's footprint to more than 300 locations throughout North America, employing more than 12,600 associates. The purchase of G&P further deepens NFI's industry expertise throughout diverse industries such as automotive, tires, retail and textiles.

NEW YORK CITY—The Port Authority of New York and New Jersey reports it amassed record cargo and passenger levels at its airports and ports in New…

The property was purchased by Chicago-based Draper and Kramer through a 1031 exchange following the firm's sale of Prairie Shores, a 1,675-unit, multi-building apartment community in Chicago's Bronzeville neighborhood.

The five B-Pieces that Morgan Properties acquired had a total face amount of $400 million. Additionally, $674 million, or 13% of the total unpaid principal balance were loans where Morgan Properties was also the underlying borrower.

In charge of construction is Mack-Cali Realty Corp. Wayne Kasbar, managing director of Colliers International, brokered the deal at 8 Campus Drive, which is a LEED-Silver building that totals 215,265 square feet.