Delancey Street is a premier real estate lender on cannabis investment properties in California. If you’re an investor, a dispensary owner, or a grower, in the state of California – and need funding for your next Cannabis real estate property, then speak to us. We can fund your business venture.
We lend on real estate – and work with you to accomplish whatever it is you’re looking to do. We have an experienced team that understands the realities of cannabis real estate, and can help you avoid the common investment errors we see. As an equity-based real estate lender, we know how to evaluate properties and see the things other people might miss. In addition to giving you funding, we can help advise you about the value of the target property – and whether it’s a good investment or not.
On average, we charge interest rates of 8-20% on real estate loans, with terms of 1-3 years. We typically charge anywhere from 1-3% as upfront points, to fund the transaction. There’s no early-payment fees associated with our loans.
We are willing to provide financing to successful growers, and dispensary owners, to purchase land or real estate to help their business. We provide bridge loans, hard money loans, and short term mortgages.
If you are in the state of California, and trying to find a property loan — we might be able to help you. Real estate is a challenge in the market. The problem is many entrepreneurs lack financing for buildings, since federal banks cannot offer financing due to restrictions. This causes the need for alternative funding. Delancey Street supplies cannabis business owners with capital to their real estate purchase.
If you are interested in real estate financing for your next marijuana estate buy, we can help. Contact Delancey Street today and get prequalified in as little as 1 day.
Our staff is here to help you get funding for your MMJ venture — whether it be for kitchen, a warehouse, or property. Our California Cannabis real estate money lenders are here to give you the money you need to buy, refinance, or expand, an new or existing property. Our real estate lenders offer funding for a buy, or for refinancing, owners with MMJ tenants. With Delancey Street, you can even get cash-out financing on property in order to get working capital improvements for your company.
We generally give cannabis real estate loans to properties that are suitable and have the proper zoning and are in California. We prefer properties with an LTV ratio up to 80% with a loan between $50,000 and $5 million.