Advanced Flower Capital Inc AFCG

Real Estate

Advanced Flower Capital Inc. is a commercial mortgage real estate investment trust (REIT) that provides institutional loans to state-law compliant cannabis operators in the United States. It originates, structures, underwrites and manages loans ranging from $10 million to over $100 million, secured by real estate assets, license value and cash flows. It provides capital support across cultivation, processing, and distribution. Its objective is to provide risk-adjusted returns over time through cash distributions and capital appreciation primarily by providing loans to real estate developers and state-law compliant cannabis companies. The loans it originates are primarily structured as senior loans secured by real estate, equipment, cashflows and the value associated with licenses (where applicable) and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. It is externally managed by AFC Management, LLC.

NDAQ:AFCG - Post by User

Advanced Flower Capital Inc

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Post by hintonkidon Feb 15, 2021 10:59pm

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Post# 32570670

AFCG expected to IPO DURING THE WEEK OF February 16.

AFCG is expected to begin trading, in the US, during the week of February 16. The company will debut as a US REIT as a financial company providing loans of around $10 million or more to US companies operating in the Cannibas space. The IPO price has been set at $19.00 US per share. I expect that because of the nature of the IPO the demand for shares, when the company begins trading, could be quite strong.

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