NV Capital Corp., a prominent Las Vegas-based hard money lender, announced today it has provided funding for Jardin Premium Cannabis Dispensary for its original acquisition of its Las Vegas commercial property as well as for additional refinancing.
Jardin owner Adam Cohen said the original loan $1.7 million was for the acquisition of the 20,000 square-foot space at 2900 E. Desert Inn Road in Las Vegas. Subsequently, the property has been refinanced twice more.
At a time when the cannabis industry continues to thrive, the private lending by NV Capital Corp. through its Chief Investment Officer Troy Freeman helped make Jardin a successful place to open for business.
“I cannot speak highly enough of Troy and NV Capital,” Cohen said. “Troy was a true pleasure to work with as a partner on our financing. He made the process incredibly smooth and efficient. We closed quickly and without any hiccups, and when it came to refinance, we were able to do so in a matter of days. I would be happy to work with NV Capital again, and I recommend the firm without reservation.”
Jardin Premium Cannabis Dispensary is one of several companies that have turned to a private lender when facing challenges getting loans from banks. Freeman said it’s becoming more commonplace for businesses to choose alternative funding methods, and investors also reap the benefits from these types of investments.
“NV Capital has helped a multitude of developers and business owners achieve their company goals by offering a way to establish and grow their projects,” Freeman said. “We are proud of the success of Jardin Premium Cannabis Dispensary and the other projects we help finance to get off the ground.”
About NV Capital Corporation
NV Capital Corporation LLC specializes in private lending, with multiple lenders joining together to fund loans on Nevada real estate. Founded by seasoned commercial bankers who have nearly a century of combined lending in the Nevada marketplace, NV Capital’s team utilizes their knowledge to navigate the real estate market and select prime opportunities for their private investors. NV Capital Corporation is committed to delivering outstanding financial results with transparency and superior communication. For more information on NV Capital Corporation, visit https://nvcapcorp.com/. Nevada Mortgage Broker License #4499 | NMLS 1521580. Money invested through a mortgage broker is not guaranteed to earn any interest or return and is not insured. Before investing, investors must be provided applicable disclosure documents.
