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Stock impact report

Rainbow Realty Group Completes $12 Million Senior Real Estate Mortgage Loan to Verano Holdings Corp [Yahoo! Finance]

BRT Apartments Corp. (MD) (BRT) 
Last brt apartments corp. (md) earnings: 11/6 04:05 pm Check Earnings Report
US:NYSE Investor Relations: brtapartments.com/investor_relations
Company Research Source: Yahoo! Finance
Real Estate Investment Trust ("MJ REIT"), has successfully closed a $12 million cross-collateralized senior mortgage with Verano Holdings Corp. (“Verano”) (Cboe CA: VRNO) (OTCQX: VRNOF), secured by two of Verano's premier cultivation and processing properties in North Las Vegas, Nevada and Coolidge, Arizona. The Arizona property spans 7.44 acres and features three industrial buildings totaling 51,981 square feet, while the Nevada property includes a 41,625-square-foot industrial building on 4.86 acres. Both properties are essential for cultivation, manufacturing, and processing, supporting Verano's wholesale and retail operations in Arizona and Nevada. Strengthening Ties with Industry Leaders The borrower, Verano, is one of the largest publicly traded U.S. cannabis companies. Its operations span 13 states and comprise 153 dispensaries and 15 cultivation and processing facilities with more than 1.1 million square feet of cultivation capacity. Rainbow's VP, Tyler Gilliam, stated Show less Read more
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