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Rainbow Realty Group Completes $8.5 Million Loan to New York based Cannabis Company
BRTBRT Apartments (BRT) Prnewswire·2024-05-01 14:30

Secured by an industrial and modernized greenhouse property in the Hudson Valley, the acquisition loan will be utilized to help expand an existing market-leading New York operation.   NEW YORK, May 1, 2024 /PRNewswire/ -- Rainbow Realty Group IV, LLC ("Rainbow"), in collaboration with Rainbow Realty Group II, LLC, GEMA CP Fund I LLC, and MJ Real Estate Investment Trust, announced the closing of a senior mortgage secured by a highly advanced cannabis cultivation property in Hudson Valley, New York (the "Prop ...