Indoor Grow Facility Secures Funding for Improvements in Oregon
Cannabis and grow facilities can run into speed bumps when looking for lenders who understand their specific needs as well as their state's laws. We were thrilled to help our client close on the refinance of a cannabis grow facility in December of 2022. The collateral property is located in Dallas, Oregon. The loan proceeds from this deal will be used to pay off the initial investors and allow for improvements to be made to the indoor grow facility.
Requested amount: $1,550,000 // Property size is 15,000 sq. ft. on 122 acres // LTV at 63%
