Vireo Growth Secures $60 Million 8.50% Term Loan From Needham Bank to Refinance and Acquire Property
Vireo Growth secured a $60 million 8.50% term loan from Needham Bank to refinance existing debt and acquire a Florida property. The loan matures in 2034 with a 6-month interest-only period. The company also repaid a $49 million Seller Note held by IIP-NY 2 without penalty, consolidating senior liens with Needham Bank.
