Close Date:

August 18, 2023

Cannabis Dispensary Refinance Loan

Loan Purpose:

Refinance

Asset Class:

Cannabis CRE

Loan Amount:

$1,100,000

Details

Avana companies recently closed a $ 1,100,000 refinance loan with a real estate company based in Denver, CO.

The borrower requested the loan to finish a build-out of two build-to-suit container buildings and to purchase 1.86 acres of land in Cortez, CO for the placement of one of those container buildings. Both locations will be leased to investors for the purpose of operating their cannabis dispensary business.

AVANA cannabis financing and dispensary loans empower entrepreneurs to navigate the challenges of the cannabis industry through reliable, flexible, and affordable solutions. We want entrepreneurs to reach their full potential and succeed in their cannabis business ventures.