Alta Real Estate Fund II ("Alta II") is a private credit fund that provides
senior secured financing to the regulated cannabis industry.
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Allows creditworthy operators to leverage their retail and industrial properties through loans and sale-leasebacks.
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Provides downside protection by ensuring properties are marked-to-market and can be repurposed for non-cannabis use.
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Charges above-market "cannabis" rates due to a lack of institutional financing, resulting in outsized secured returns.
Alta II is the second fund from Alta's GP. Under the same thesis,
Alta I deployed $70M across 13 transactions in 8 markets.
