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Deal Description
Kay Finance secured the senior loan for this transaction. This was for a repeat client who has a large portfolio of assets in state of California. This deal was unique because one of the main tenants was Cannabis growing facility. With help from the tenant and our clients stellar reputation in the market, we were able to get the lender comfortable with the transaction.
Property Location
Sacramento, CA
Quick Stats
Partner Type
Bridge Loan / Debt Fund
Program Type
Acquisition
Program details
- 70% LTV - 5.5% Rate - Non-recourse - 3Yr term
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