Treehouse Genuine Estate Investment Trust Announces Completion of Genuine Estate Acquisitions

[ad_1]

LOS ANGELES&#8211(Organization WIRE)&#8211Treehouse Genuine Estate Investment Trust, Inc. (“Treehouse” or the “Company”) currently announced that it has completed the acquisition of two properties for a total obtain cost of about $33.five million.

“We are excited to announce one more set of transactions for Treehouse,” mentioned Brian Kabot, Steady Road Capital Chief Investment Officer and Treehouse Board Member. “We’re incredibly pleased to strengthen our partnership with MedMen as a tenant and create their future flagship retail shop close to the Las Vegas Strip.”

Under is a list of properties integrated in the sale:

  • 1 retail storefront improvement positioned on Highland Drive in Las Vegas, Nevada
  • 1 45,000 square foot, state-of-the-art Dutch greenhouse in Desert Hot Springs, California.

ABOUT TREEHOUSE:

Treehouse Genuine Estate Investment Trust, Inc. is a newly-organized, externally managed true estate investment corporation focused on the acquisition, ownership and management of specialized retail and industrial properties leased to skilled, state-licensed operators for their regulated adult-use and healthcare-use cannabis facilities. Visit http://www.TreehouseREIT.com

Cautionary Note With regards to Forward-Seeking Details and Statements

This press release consists of “forward-hunting statements” inside the which means of the secure harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-hunting statements can be identified by words like “may,” “will,” “likely,” “should,” “expect,” “anticipate,” “future,” “plan,” “believe,” “intend,” “goal,” “seek,” “estimate,” “project,” “continue” and comparable expressions. Forward-hunting statements are neither historical details nor assurances of future efficiency. As an alternative, they are primarily based only on our existing beliefs, expectations and assumptions with regards to the future of our enterprise, future plans and methods, projections, anticipated events and trends, the economy and other future situations. Simply because forward-hunting statements relate to the future, they are topic to inherent uncertainties, dangers and alterations in situations that are tough to predict and numerous of which are outdoors of our handle. Our actual outcomes and economic situation may possibly differ materially from these indicated in the forward-hunting statements. Hence, you should really not rely on any of these forward-hunting statements. Significant elements that could result in our actual outcomes and economic situation to differ materially from these indicated in the forward-hunting statements involve, amongst other individuals, alterations in the situation of the U.S. economy and, in certain, the U.S. true estate marketplace.

The forward-hunting statements integrated in this press release are created only as of the date of this release, and except as otherwise needed by federal securities law, we do not have any obligation to publicly update or revise any forward-hunting statements to reflect subsequent events or situations.

Supply: Treehouse Genuine Estate Investment Trust, Inc.

The post Treehouse Genuine Estate Investment Trust Announces Completion of Genuine Estate Acquisitions appeared initially on L.A. Cannabis News.

[ad_2]

Latest posts