The Daily Hit: October 23, 2024

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

Chicago Atlantic closes on M 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 […]

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