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Commercial Post Detail
Cannabis Retail dispensary 3/14/2019 12:24:34 PM  Broker Location: CA/94583 Commercial/CA/95361
PostID: 42098     Status: Open  
Loan Info:  
Amount $425,000 
Appraised Value $708,000 
LTV 60% 
DSCR 1.5 
Loan Term  
Loan Amortization  
Product Type  
Property Type Retail 
Purpose Refi: Rate & Term 
Doc Type Full Doc 
Borrower FICO 720 
Borrower DTI 25 
General Notes: this is a fully licensed cannabis dispensary. Building was completely remodeled since the purchase little more than a year ago. The borrowe has a Private loan used to purchase a vacant building and needs to refinance it due to the Current NOTE is due. He is fully operational now making a profit and needs better terms. contact me ASAP.
 Replies: 5 
Name: Blaine Mengert Phone: 714-908-5100 3/14/2019 2:09:17 PM
Company: Fidelity Bancorp Funding Email: bmengert@fbfloans.com    
I would love to get you a quote on this. Where is the property located?
 
Name: Jim Howell Phone: 480-656-2688 3/15/2019 5:14:07 AM
Company: Freedom Capital LLC Email: jim@freedomcapital.biz  
(MMJ/Cannabis) - We are able to offer financing on these "non-bankable" Marijuana/Cannabis Use properties. Rates vary from 9% to 12% and LTV from 50% to 70%. Please send an e-mail (info@freedomcapital.biz) or call (480-656-2688) to contact our MMJ/Cannabis Lending Director.
 
Name: Pouyan Broukhim Phone: 323-935-5555 3/15/2019 11:37:50 AM
Company: PB Financial Group Corp. Email: info@calhardmoney.com  
if you have any interest in a hard money loan please let me know. Thank you
 
Name: Ralph Abbott Phone: 614-484-7060 3/17/2019 3:13:52 PM
Company: Prospera Advisory Group Email: rabbott@prosperag.com  
We are a direct lender and interest in this deal. Please send me a summary of the loan request. I look forward reviewing the package. Thank you.
 
Name: Daniel Goldberg Phone: 619-872-6000 Ext 106 3/20/2019 11:04:13 AM
Company: Wilshire Quinn Capital Inc. Email: dgoldberg@wilshirequinn.com   Display Advertiser: page 91
We are interested in this loan scenario
 
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