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.