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Accurate Builders and Developers will utilize the construction financing to develop 545 multifamily units and 60 townhomes in Basking Ridge, NJ and Parsippany, NJ.
Bally's Corp. has agreed to purchase Gaming and Leisure Properties Inc.'s Tropicana Las Vegas Hotel and Casino. The companies have also entered into sale-leaseback agreements for additional casino properties.
PGA Realty Company sold the four-property portfolio, including a 28-acre fully-entitled development site, to the Davis Cos. in an off-market transaction.