Capella Mortgage Lends $2.7M on Medical Marijuana Facility

Capella Mortgage loaned $2.75M on raw land which is to be developed into a medical marijuana production facility in North Las Vegas, Nevada.  The borrowing group consisted of 12 doctors and 3 attorneys, and they had both the production and cultivation licenses.  Borrower provided personal guarantys and had already contributed over $2M into the project.  For more information, call Corinne Cordon at 702-214-4700

Leave a Comment

Your email address will not be published. Required fields are marked *