Cannabis Real Estate Loans
Streit Lending originates bridge and construction loans secured by industrial and commercial properties for both landlords with cannabis tenants and owner operators.
Streit Lending can also provide debt for cannabis related tenant improvements. We fully grasp the complexities associated with cannabis tenancies, for example proper licensing, environmental issues and title insurance among many others and we have successfully navigated these complexities quick and efficient closings.
Location:
Major Metropolitan Areas in California & the Western US
Loan Amounts:
$750,000 – $10,000,000
Financing Types:
1st Trust Deeds Only
Property Types:
Commercial. We do not lend against agricultural land or greenhouses.
Loan to Value:
70% of Market Value
Interest Rates
Starting at 10.99%
Origination Fee:
Starting at 1.5 point
Term:
1-3 years
Streit Lending offers competitive rates and terms as well as transparent, efficient, one-stop decision making.
At Streit Lending we strive to meet our cannabis borrowers’ needs. Those involved in cannabis real estate transactions require deal certainty to ensure swift execution to ensure profitability. Our understanding of the complexities relating to cannabis transactions allows us to close these transactions without encountering last minute issues.