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All Forum Posts by: Manu Kalia

Manu Kalia has started 1 posts and replied 2 times.

Post: Commercial Lenders for Cannabis grow facility in California

Manu KaliaPosted
  • Rental Property Investor
  • Pleasant Hill, CA
  • Posts 2
  • Votes 0

Hello Biggerpockets,

I'm writing in hopes to get some feedback on acquiring financing for a 300,000 sq ft cannabis grow facility we are planning to construct in Northern California.  The bank we were working with has decided to pull out so looking for other commercial lenders for this deal.  My understanding is that traditional lenders not comfortable giving loans for cannabis related projects and at this stage we are debating whether to consider private equity and/or hard money.  Any recommendations or feedback would be great.  

Post: Cannabis Property Investing

Manu KaliaPosted
  • Rental Property Investor
  • Pleasant Hill, CA
  • Posts 2
  • Votes 0

We are working on a large cultivation construction project in Bay area.  In process to get licensing requirements.  Finding commercial lenders for the construction project has been challenging.  Any suggestions on lenders open to working on these projects would be great.  Thanks.