Real Estate News

Chicago Atlantic Real Estate Finance Funds Senior Secured Credit Facility to Sanctuary Medicinals

CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial real estate finance company, announced today it funded $10 million as the initial advance of a new $25 million senior secured credit facility to Sanctuary Medicinals LLC ("Sanctuary") to support their retail and cultivation expansion in Florida.

Harbor Custom Development, Inc. Enters Preliminary Commitment with Marquee Funding Group for $15,715,000 Construction Loan

Gig Harbor, Washington , Jan. 27, 2022 (GLOBE NEWSWIRE) -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a preliminary commitment for $15,715,000 in construction financing with Marquee Funding Group for the 75 unit Wyndstone apartment complex located in Yelm, Washington.

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