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Commercial Post Detail
Permitted Cannibus Cultivation facility 1/4/2019 2:21:14 PM  Broker Location: AR/72401 Commercial/AR/72401
PostID: 41815     Status: Open  
Loan Info:  
Amount $5,000,000 
Appraised Value $8,500,000 
LTV 65% 
DSCR
Loan Term  
Loan Amortization  
Product Type 18 mos I/O converting 
Property Type Industrial 
Purpose Refi: Cashout 
Doc Type Full Doc 
Borrower FICO 700 
Borrower DTI
General Notes: fully permitted Cannibus cultivation facility, strong sponsor, strong financials
 Replies: 4 
Name: Jim Howell Phone: 480-656-2688 1/5/2019 7:12:14 AM
Company: Freedom Capital LLC Email: jim@freedomcapital.biz  
(MMJ/Cannabis) - We are able to offer financing on these "non-bankable" Marijuana/Cannabis Use properties. Rates vary from 9% to 12% and LTV from 50% to 70%. Please send an e-mail (jim@freedomcapital.biz) or call (480-656-2688) to contact our MMJ/Cannabis Lending Director.
 
Name: Ralph Abbott Phone: 614-484-7060 1/6/2019 8:12:33 AM
Company: Prospera Advisory Group Email: rabbott@prosperag.com  
We are a direct lender and interest in this deal. Please send me a summary of the loan request. I look forward reviewing the package. Thank you.
 
Name: Robert Schumacher Phone: 215-619-2575 1/7/2019 6:14:59 AM
Company: Velocity Mortgage Capital Email: rschumacher@velocitymortgage.com   Display Advertiser: page 25
Permitted Cannibus Cultivation facility
 
Name: Daniel Goldberg Phone: 619-872-6000 Ext 106 1/8/2019 3:57:17 PM
Company: Wilshire Quinn Capital Inc. Email: dgoldberg@wilshirequinn.com   Display Advertiser: page 99
We may have interest in this loan scenario.
 
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