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IIPR, 4Front Ventures Ink Another Sale-Leaseback Deal Totaling $51.5M
Tuesday, March 16, 2021 - 10:36am | 545Innovative Industrial Properties Inc. (NYSE: IIPR) has agreed to purchase a cannabis cultivation site in Illinois for $6.5 million. The REIT also secured $45 million in financing to complete a buildout of the facility, which will subsequently be leased back to...
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Sprint's $2.2 Billion Sale & Lease-Back Sent Shares Higher By Nearly 3%
Thursday, April 7, 2016 - 7:48am | 282Shares of Sprint Corp (NYSE: S) spiked higher by nearly 3 percent in Wednesday's after-hours session as investors and traders found the company's sale and lease-back announcement to be encouraging. Sprint announced it has entered into a transaction with several bankruptcy remote...