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Rainbow Realty Group Acquires Industrial Building in Sacramento for $4.0 Million and Closes on $5.85 Million Bank Loan
NEW YORK, Aug. 9, 2023 /PRNewswire/ -- Rainbow Realty Group, LLC and Rainbow Realty Group II, LLC (collectively "Rainbow") and MJ Real Estate Investment Trust ("MJ REIT"), nationwide owners and lenders of real estate to the US cannabis industry, today announced that it acquired, in a sale-leaseback, a 21,600 square foot modern concrete industrial building located in Sacramento for $4.0 million....
Rainbow Realty Group Completes $9 Million Loan to California-based Cannabis Company
Secured by industrial real property in Santa Ana, the loan will be utilized to help advance ongoing growth of leading craft cannabis producer NEW YORK, May 10, 2023 /PRNewswire/ -- Rainbow Realty Group II, LLC ("Rainbow"), in collaboration with Sweet Leaf Madison Capital and MJ Real Estate Investment Trust, announced the closing of a senior mortgage secured by a highly advanced cannabis...
How Private Lenders Fuel Cannabis Real Estate Development
The cannabis industry is causing a remarkable transformation in the real estate landscape, revolutionizing how properties are valued, developed, and utilized. As the cannabis market expands and regulations evolve, it creates a ripple effect that profoundly impacts various real estate industry sectors. That said, cannabis businesses often face significant challenges in accessing traditional...
Common Mistakes to Avoid When Financing Your Cannabis Business Operations
Financing a cannabis business can be challenging due to the legal and regulatory complexities surrounding the industry. While the cannabis industry is growing rapidly, there are still many pitfalls that businesses need to avoid when seeking financing. To navigate the uncertainties that come with this field, it is important to be aware of options like cannabis real estate financing, as well as...