Welcome to our dedicated page for Advanced Flower Capital news (Ticker: AFCG), a resource for investors and traders seeking the latest updates and insights on Advanced Flower Capital stock.
Advanced Flower Capital Inc (AFCG) provides institutional financing solutions to state-compliant cannabis operators through its commercial mortgage REIT structure. This news hub offers investors and industry stakeholders centralized access to verified updates about the company's lending activities, risk management strategies, and market positioning.
Track critical developments including earnings announcements, loan portfolio expansions, regulatory compliance updates, and strategic partnerships. Our curated collection features press releases detailing first-lien mortgage transactions, construction financing milestones, and equipment leasing agreements secured by cannabis-related real estate assets.
Discover analysis of AFCG's disciplined credit underwriting practices and portfolio performance within evolving cannabis markets. The resource serves financial professionals seeking to monitor secured lending trends and institutional investment patterns in this specialized sector.
Bookmark this page for ongoing insights into how AFCG navigates complex regulatory environments while maintaining focus on real estate-backed transactions. Regularly updated content ensures informed decision-making about this niche REIT's operational and financial trajectory.
Advanced Flower Capital (Nasdaq: AFCG) has announced plans to convert from a Real Estate Investment Trust (REIT) to a Business Development Company (BDC). The company has scheduled a Special Meeting for November 6, 2025, where shareholders will vote on two key proposals: approval of a new investment advisory agreement and reduced asset coverage requirements under the Investment Company Act of 1940.
The Board unanimously recommends shareholders vote "FOR" both proposals. The strategic conversion aims to expand AFC's investment scope beyond real-estate-backed loans, enhance portfolio diversification, and support long-term value creation. Following shareholder approval, the conversion is expected to complete in Q1 2026.
Advanced Flower Capital (Nasdaq: AFCG) has declared a quarterly dividend of $0.15 per share for Q3 2025. The dividend will be paid on October 15, 2025, to shareholders of record as of September 30, 2025.
The Q3 dividend maintains the same level as the previous quarter. However, the company noted that future dividend decisions will be evaluated quarterly based on Distributable Earnings, particularly considering uncertainties around the timing and magnitude of repayments on non-accrual loans.
Advanced Flower Capital (Nasdaq: AFCG) reported Q2 2025 financial results, with a GAAP net loss of $(13.2) million ($(0.60) per share) and Distributable Earnings of $3.4 million ($0.15 per share). The company announced two major strategic shifts: its intention to convert from a mortgage REIT to a Business Development Company (BDC) and an expansion of its investment mandate to include secured loans to cannabis-ancillary companies and middle market businesses outside the cannabis industry.
The company declared a Q2 2025 dividend of $0.15 per share, paid on July 15, 2025. The proposed BDC conversion, subject to shareholder approval, aims to broaden AFC's investment opportunities beyond real estate-backed loans, leveraging the team's 30+ years of direct lending experience and $10 billion in completed direct lending transactions.
Advanced Flower Capital (Nasdaq: AFCG) has scheduled its Q2 2025 earnings release and conference call. The company will announce its financial results for the quarter ending June 30, 2025, on Thursday, August 14th, 2025, before the market opens.
Management will host a conference call to discuss the results at 10:00 am ET. Investors can access the webcast through AFC's Investor Relations website, and participants can register in advance for the conference call. A replay will be available one hour after the event.
Advanced Flower Capital (Nasdaq: AFCG) reported its Q1 2025 financial results with GAAP net income of $4.1 million ($0.18 per basic share) and Distributable Earnings of $4.5 million ($0.21 per basic share). The company paid a quarterly cash dividend of $0.23 per common share on April 15, 2025.
CEO Dan Neville emphasized AFC's focus on reducing exposure to underperforming credits while maintaining disciplined debt capital provision to accomplished operators. As a leading commercial mortgage REIT, AFC provides institutional loans ranging from $10 million to over $100 million to state-compliant cannabis operators, secured by real estate assets, license value, and cash flows.
Advanced Flower Capital (NASDAQ: AFCG) has successfully renewed its senior secured revolving credit facility with a leading commitment from an FDIC-insured bank holding over $75 billion in assets. The credit facility can be expanded to $100 million, subject to conditions, and matures on April 29, 2028. The facility bears interest at Prime + 0.50%, with a Prime floor of 6.50%.
AFC plans to utilize the facility to fund existing borrower commitments, originate new commercial loans to cannabis operators, and support working capital needs. This renewal represents a continuation of AFC's relationship with a significant banking partner, strengthening its financing capabilities in the cannabis sector.
Advanced Flower Capital (NASDAQ: AFCG) has announced its upcoming first quarter 2025 financial results release, scheduled for Wednesday, May 14th, 2025 before market open. The company will host a conference call and webcast at 10:00 am ET to discuss the results.
Investors can access the webcast through AFC's Investor Relations website and participate in the conference call by registering in advance through the provided link. A replay of the event will be made available one hour after its conclusion. The company distributes earnings releases through its website and email lists, with interested parties able to sign up for email updates.
Standard Wellness Holdings has secured a $14 million senior secured credit facility from Advanced Flower Capital (NASDAQ: AFCG). The financing, bearing a 12.5% interest rate, will be used to:
- Refinance existing debt, including full repayment of Focus Growth Capital Partners facility
- Early repayment of Columbia Care seller note from Cannabist dispensary acquisition in Springville, Utah
- Fund acquisition of a dispensary license in Saint Louis, Missouri (pending regulatory approval)
The transaction demonstrates Standard Wellness's strategic expansion and financial restructuring efforts. Gramercy Capital Group served as financial advisor, while Feuerstein Kulick acted as legal counsel for the transaction.