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Updated about 4 years ago,
Cannabis Property Lending
My firm is currently considering putting offers in on two warehouses in Oakland, California for a total of $6m combined that are 100% leased to cannabis companies. Before we invest the time in DD, we wanted to solidify our lending partner on the deal. Does anybody on BiggerPockets have any tips on finding lenders that lend on properties occupied by cannabis tenants? Or does anybody have any lender referrals that do these type of loans?
Thanks!