NewLake Capital Partners Expands Revolving Credit Facility To $90M

NewLake Capital Partners, Inc. (OTCQX: NLCP), a provider of real estate capital to state-licensed operators, has added two lenders to its existing five-year revolving credit facility and upsized the aggregate commitment under the facility from $30 million to $90 million. The credit facility matures in May 2027 and has a fixed interest rate of 5.65% for the first three years and a floating rate thereafter. The credit facility allows for further expansion as additional lenders …

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NewLake Capital Partners Expands Revolving Credit Facility To $90M on Benzinga