The Daily Hit: October 23, 2024
News from: Texas, Maryland, New Mexico, Chicago Atlantic Real Estate Finance and more. The Daily Hit is a recap of the top financial news stories for Wednesday, October 23, 2024. On the Site New intoxicating hemp ban on table in coming Texas legislative session A list of GOP priorities for the upcoming legislative session includes […]
Chicago Atlantic closes on $50M loan for marijuana investments
Specialty marijuana finance company Chicago Atlantic Real Estate Finance closed on a $50 million loan to fund future investments and other corporate purposes. Chicago Atlantic, an Illinois-based commercial mortgage real estate investment trust, withdrew the entire loan at closing to repay its outstanding borrowings on its $110 million senior secured revolving credit facility and for […]