Done Deal! Hard Money Construction Loan in Adelanto: $2,500,000 @ 14.50%, 1st TD, Commercial, Cannabis, 20.83% LTV
Very successful business owner, operator and real estate owner of “Stay Elevated LA” cannabis brand and existing cultivation center in Van Nuys, Los Angeles sought a 1st Trust Deed ground up construction loan to expand borrower’s own cultivation operations as well as generate rental income from other cannabis businesses in what will be this newly constructed…