JUST CLOSED! Capital Investments LLC, just funded a $750K purchase loan for a cannabis dispensary conversion in Marlton, NJ. With 34% LTV, the borrower, who holds a cannabis license, plans to convert the retail space into a state-of-the-art dispensary.
This deal showcases our willingness to provide financing in underserved markets where traditional lenders often hesitate. The cannabis industry continues to face significant banking challenges, and we're proud to support licensed operators with the capital they need to grow.
Capital Investments understands the unique challenges faced by cannabis businesses. Our team has developed specialized expertise in evaluating these opportunities, allowing us to provide financing solutions that align with both industry regulations and business needs. With our support, the borrower will be able to create jobs and provide safe, legal access to cannabis products in the community.
Capital Investments LLC, mortgage lending is in our blood. In fact, we have decades of experience in this business, with members of our team having either owned or held senior positions in numerous mortgage companies, banks, title companies, and other real estate businesses. We've also been property investors ourselves, and understand the importance of receiving fast, knowledgeable service from a lender.
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