Via National Real Estate Magazine 2020 The year 2019 was certainly a step backward for the cannabis industry—publicly-traded cannabis stocks tumbled roughly57 percent year over year as of the third quarter of 2019. Nevertheless, cannabis operators remain bullish and stead-fast in their pursuit to expand their footprint and open new retail locations. State laws, local ordinances and financing restrictions have….
When the Illinois legislature passed a law last spring legalizing recreational cannabis starting Jan. 1, it set off a dealmaking rush among cultivators and a months-long scramble to secure Chicago retail properties where providers could sell the product. That jostling began even before the city passed its own ordinance in the fall governing sales, with at least several deep-pocketed providers securing….
Chris Jasinski, managing partner and co-founder of JTW Advisors JTW ADVISORS By Bill Hethcock – Senior Reporter, Dallas Business Journal Nov 25, 2019, 8:47am EST Publicly traded homebuilders and foreign-owned builders are significantly growing their market share in North Texas as a result of consolidation in the industry. Source: Dallas – Business Journal
By Bill Hethcock – Senior Reporter, Dallas Business Journal Dec 2, 2019, 4:05pm EST U.S. home builders benefited from low interest rates this year as housing starts climbed to levels not seen in a decade and new-home sales surged after a disappointing 2018. Homebuilder D.R. Horton Inc. is outperforming its construction-industry competitors across multiple metrics, according to analysts who have recently weighed in on the Arlington-based….
For the better part of a decade, Ryan Brandt scoured the country for Murphy Oil, looking for freestanding corner locations for their gas and convenience stores at major intersections, preferably near Walmart. He now hunts those same locations for the nascent, yet wildly expanding, cannabis dispensary business. “We’ve done 30-plus deals for MedMen across the country. They’re focusing on the….
Airbnb is tightening its policies on unauthorized house parties in response to the shooting deaths of five people in an Orinda, California, rental home on Halloween. CEO Brian Chesky announced the new policy in a series of tweets Saturday. Here’s what’s changing: Airbnb is expanding manual screening of “high-risk” reservations that are flagged by its tech. It’ll take “immediate action” against users….