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Cannabis Chain Store
Cambridge, Massachusetts
AVANA Companies closed an $8MM loan for a cannabis store. Funds were used for property improvements and to acquire equipment to support the company’s grow facility. AVANA Capital’s cannabis financing and dispensary loans empower entrepreneurs to navigate the challenges of the cannabis industry through reliable, flexible, and affordable solutions. We want entrepreneurs to reach their full potential and succeed in their cannabis business ventures.
At AVANA Capital, we are dedicated to supporting local economies through loans to entrepreneurs who create jobs, bolster communities, and contribute to the social good. By believing in the people we work with, we empower our clients with capital to finance their own growth. Our team is committed to serving clients with integrity, flexibility and transparency.
Location
Construction - $8,000,000
Cannabis Chain Store
Cambridge, MA, USA
Loan Details
| Loan Amount | $8,000,000 |
| Loan Purpose | Construction |
| Loan Type | Cannabis CRE |
| Project Date | January 10, 2023 |
More Details
About AVANA Companies:
AVANA Companies (AVANA), founded in 2002, is an asset management platform aimed at building capital for a better tomorrow by stimulating economic growth, creating jobs, and contributing to sustainable projects. Headquartered in Arizona, USA with regional offices in Bahrain and Saudi Arabia, AVANA serves small businesses, entrepreneurs, institutional and retail investors, and credit unions in these markets. AVANA provides private credit commercial real estate loans through AVANA Capital, AVANA CUSO, Ezdaher.sa and LendThrive™. AVANA also offers private credit commercial investment opportunities to institutional and individual investors through AVANA Fund and EqualSeat™.