Chicago, IL (PRWEB) August 07, 2016
Chicago, Illinois-based alternative real estate investment firm HerbFront Capital, LLC has opened a new office in Denver to capitalize on the cannabis real estate market in Colorado and the West Coast.
The Denver office will be managed by HF Capital’s Director of Acquisitions, Jake Meilach.
Prior to HF Capital, Jake was a Vice President and Portfolio Manager for an institutional commercial real estate portfolio at Citizens Financial Group. Over his 12 years in real estate, he has underwritten and originated over $2B in institutional commercial real estate loans, performed criticized debt restructures and work-out of over $200MM in loans, performed asset management for an $8B publicly traded REIT, and worked directly with numerous family offices and institutional equity providers.
The office will be located within Cultivated Synergy, the premier Co-Working, private office and start-up Incubator focusing on the Cannabis and Industrial Hemp Industries. “We are excited to welcome a firm like HF Capital in our facility as the real estate aspect of the cannabis industry is often overlooked by entrepreneurs” said Ryan Tatum, CEO of Cultivated Synergy. “They are great addition to our community!”
On the announcement of the new office space, Mr. Meilach said, “Our new offices in Denver will help facilitate HF Capital’s investment strategy as we look to deploy capital as well as attract new partners. Colorado is the epicenter of the cannabis market and without a presence here we felt we would not be able to fully execute our strategy and grow as a firm.
About HF Capital
HF Capital is a real estate investment group that purchases cannabis compliant real estate and leases property to quality manufacturing, dispensary, and cultivation facility operators. Through a partnership with technology firm, HerbFront, Inc. (http://www.herbfront.com), HF Capital helps clients to source and secure cannabis compliant properties across the United States.