Not All Major Banks Are Suspending New Loans For better or worse, the coronavirus is shaping the market right now. Wall Street has seen its biggest one day drop in history as the Fed continues to cut rates to keep the economy moving. Amid all this turmoil, many large institutional lenders have started to suspend Continue Reading
This past February Nate moderated a panel all about cannabis’s role in the food and beverage industry at Opus Chicago. In case you weren’t able to attend in person here’s a video of our panel.
This major lender used to focus solely on CMBS lending but they recently informed us that they’re lending off of their balance sheet for two new programs. They’re offering competitive rates on perm financing and bridge financing across the country. While they love multifamily apartment complexes they’ll look at any and all property types except Continue Reading
We were recently informed by one of our top cannabis lenders that they’ve opened up a new lending platform. They now have loans lending against just the license! This capital source has been a real estate backed lender for as long as we’ve been working with them. We’ve closed several deals across CA with them and now Continue Reading
Financing greenhouses can be…tricky. Unless you’re our most recent capital source. They LOVE greenhouses and are extremely bullish on them. They recently secured a massive influx of cash into their office and it’s quite literally burning a hole in their pocket. They’re aggressively looking at deals and will consider them all. Specifically, they’re looking to Continue Reading
Learn All About Cannabis Real Estate Financing Directly From Nate At This Year's IC3 Conference Join us this November at IC3 as EN Capital President, Nate Whigham, leads a group talking all about financing cannabis real estate! For those of you who don't know, IC3 is an industry-leading cannabis investment conference being held on this November 13 in Los Angeles, Continue Reading
Low-Cost Conventional Financing Available For Industrial Hemp Properties EN Capital has recently started working with a lender who is offering low coast conventional loans on industrial hemp properties! This capital source is offering 10 year fixed, non-recourse loans at up to 75% LTV nationwide. They prefer to see cash-flowing entities but will consider non-cash flowing Continue Reading
If You Need $250M Or More For Your Construction Project, Then Read On… EN Capital is working with a giant construction and bridge lender that created an exciting new way to structure your construction project. They have become a one-stop-shop combining Senior + C-PACE which lets you get a loan up to 85% LTC and they are Continue Reading
Bearing all the assumptions on value that we learned in part 1, let’s take a look at the range of rates we’re currently seeing in the industry and how they got there. An easy way to think about pricing is this: more rick = more expensive. Let’s take a look a couple of leading factors: Continue Reading
EN Capital has arguably one of the longest lists of cannabis-friendly real estate capital lenders in the nation. We’ve been working in the cannabis finance space for several years now and have successfully financed multiple cannabis deals. Which is why we want to teach you a little bit about how capital sources look at cannabis Continue Reading