Marijuana Cultivation Facility

January, 19 2021 Posted by clubhousecap-admin Posted by 0 comments

Clubhouse Capital secured a $15.4 million mortgage loan to refinance bank and SBA debt on this 200,000 sf distribution facility, as part of its conversion to a rental facility serving marijuana cultivators. The loan was funded by a local bank, with a fixed-rate under 6% for a 10-year term. (Fall 2019)