SEPTEMBER 16-17, 2019
SAGAMORE PENDRY BALTIMORE | BALTIMORE, MD
ADAPT: OPPORTUNITY ZONES
Your Opportunity to Locate Your Next Adaptive
Reuse Solution Across All Property Types
Rising labor costs, lack of developable land in core cities and dramatic shifts in where current and future generations want
to live, work and play are driving commercial real estate companies to ADAPT. In fact, industry experts are predicting that
adaptive reuse is likely to be recognized as a distinct product category within commercial real estate by 2021.
Enter GlobeSt. ADAPT, a new national conference series aimed to identify the Opportunity Zones across all property types
and geographic regions. This first-of-its-kind event will educate, connect and celebrate the investors, developers and owners
with the people behind the planning and decision-making, such as architects, consultants, academics and, most importantly,
For details on registration & general inquiries, please contact:
Nicholas Crimi | firstname.lastname@example.org | (212) 457-9538 | www.event.globest.com/adapt
Cannabis is a rapidly expanding industry, and IndoGro Capital is emerging as one of its leading capital
markets sources. While already a $5 billion industry, cannabis real estate faces notorious financing challenges due to the incongruence between state and federal legislation around cannabis usage. IndoGro
Capital would know—it was born out of a need for its sister company IndoGro Properties, a pioneering
cannabis real estate investment, and development company. Today IndoGro Capital is an online real estate
lending and advisory company that is stepping up to provide a reliable source of capital for cannabis-related real estate transactions. By providing financing to this market, which traditional lending sources
cannot access, the firm aims to legitimize the industry and help to rebuild communities that have been
badly impacted by drugs.
As the first financing company of its kind, it has already seen significant deal volume. Since launching in
2018, IndoGro Capital has placed nearly $60 million in cannabis real estate debt, with many of those loans
secured by small businesses. The company currently has 100 lending partners in its platform, providing borrowers with debt, equity and green financing options.
The platform also uses automated underwriting to create standardized loan products and efficiencies in the loan process that help to
drive down costs. The system can approve a loan in minutes.
IndoGro Capital was active in the push for legalization in California, which has had several communities negatively impacted by drugs
with low-income communities disproportionately impacted, according to the company. In its push for legalization, it played a critical role
in campaigning for the passage of Measure M in Los Angeles and the cannabis ordinance in El Monte, CA. In addition to building a funding platform for cannabis real estate, the firm continues to push and support pro-cannabis legislation in multiple jurisdictions throughout
In addition, the company publishes guidance articles on its website to provide insight into ongoing regulation and legislation surrounding the cannabis industry, both in and outside of California. The coverage includes cannabis licensing procedure, industrial pricing
for cannabis users and leasing guidelines for cannabis businesses.
Based in Los Angeles, IndoGro launched in 2017, following the legalization of cannabis throughout the state in November 2016.
Nathan Whigham serves as the president of IndoGro Capital and the CFO of IndoGro Properties. Jitesh Raja is the CEO.
Jitesh K. Raja