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Cannabis REIT Innovative Industrial Properties has posted strong historical performance without any federal policy support and is expected to continue to outperform.
Sales volume and prospecting activity held steady in the third quarter. WCRE states that third quarter leasing activity was higher in Camden County, and particularly in Cherry Hill, but fell for the region overall. Gross leasing absorption was positive, but trended lower quarter-over-quarter.
The deal to acquire the real estate appraisal and consulting firm that specializes in litigation support and related services significantly expands BBG's valuation litigation services and other capabilities in the region and nationwide.
ArborCrowd seeks to raise $5.15 million from investors for the remaining equity, which has been pre-funded into the project by an affiliate of ArborCrowd. The sponsor broke ground on the development in April, and construction is expected to be completed towards the end of 2020.