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Stock impact report

Plumas Bancorp agrees on ~$25.7M sale-leaseback deal with MountainSeed Real Estate Services [Seeking Alpha]

Plumas Bancorp (PLBC) 
US:NASDAQ Investor Relations: plumasbank.com
Company Research Source: Seeking Alpha
The latter acquired 9 properties from Plumas Bank, operated as branches, and leased each property back to the bank for a 15-year lease term. The Plumas Bancorp unit will continue to operate the branch offices as usual. Additionally, the companies have agreed to complete a 2nd sale-leaseback transaction for 3 additional Plumas Bank properties. The 2nd sale is expected to complete in March 2024. Recommended For You Recommended For You About PLBC Stock Related Stocks Trending Analysis Trending News Show less Read more
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