Cannabis Real Estate

in

Denver, CO

$4,315,000
Bonsai
January 6, 2021
Overview

The market standard and existing rates for our clients Cannabis Cultivation Facility were 10.5%. Not to mention, the heavy origination fees and short term loan duration. Lev was able to apply our lender analysis to locate unique federally insured banks that are able to lend to cannabis related real estate and save our sponsor over $1M over the life of her new loan! The $4.4M in proceeds were used to pay off the sponsors existing mortgage balance and covered all out-of-pocket fees at closing.

Execution Team
Akiva Gottlieb
Broker
Direct.
Mobile.
Mobile.
Email.
(201) 694-4668
akg@levcapital.com
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