Financing Commercial Real Estate with Cannabis Tenants

Ethan Schelin Managing Partner at Schelin Uldricks & Co

Over the past 20 years, Cannabis has slowly been legalized for medical and recreational uses on a state-by-state basis. Proposition 64, which passed in November 2016, legalized its use in California for adults over 21 and allowed for Cannabis sales and commercial cultivation. As a result, dispensaries have popped up in retail centers all around…

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Schelin Uldricks & Co. Arranges $27,200,000 Construction Loan for 6.5 MW Commercial Solar Development

Commercial Solar Financing

FOR IMMEDIATE RELEASE 2/11/2026 – Huntington Beach, CA – Schelin Uldricks & Co. is pleased to announce the closing of a $27,244,300 construction loan for the development of a 6,512 kW commercial solar development project in the Town of Swansea, Massachusetts. When fully built out, the project will feature a total of approximately 10,000 ground-mounted…

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100% LTC Solar Construction to Leaseback Financing

Ethan Schelin Managing Partner at Schelin Uldricks & Co

Over the past year, one of our developer clients based in the Southeast has expanded into the commercial solar development industry.  The business fits very well with some of the firms’ existing areas of expertise – entitlements, land development, construction –  and they have historically been a firm that offered tax-centric investment opportunities to their…

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New Co-GP Credit Enhancement Program

Ethan Schelin Managing Partner at Schelin Uldricks & Co

In this Insights Series Post we highlight a new credit enhancement program in the market that was set up to help emerging sponsors or groups that do not meet lender liquidity or net worth requirements. Specifically, the program is set up to provide co-guaranties on non-recourse loans for borrowers on a fee basis. The newly…

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Section 179 & Bonus Depreciation in Real Estate: Revamped by the One Big Beautiful Bill Act (OBBBA)

Derek Uldricks Managing Partner at Schelin Uldricks & Co

Real estate investors thrive on strategies that unlock rapid tax deductions—and the One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, has supercharged two of the most impactful tools: Section 179 expensing and Bonus Depreciation. What’s Changed Under the OBBBA? 1. Bonus Depreciation is Back—Permanently at 100% OBBBA restores 100% bonus depreciation as…

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Opportunity Zones 2.0

Derek Uldricks Managing Partner at Schelin Uldricks & Co

Tucked in the recently passed One Big Beautiful Bill Act (OBBBA) contains powerful extensions of the Opportunity Zones that were created as part of the 2017 Tax Cuts and Jobs Act.  Many developers and investors will applaud the changes which make the program a permanent fixture of the tax code. Some of the changes include…

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Schelin Uldricks & Co. Arranges $11,660,000 Loan and Preferred Equity for Hollywood Multifamily Recap

FOR IMMEDIATE RELEASE 4/2/2025 – Huntington Beach, CA – Schelin Uldricks & Co. is pleased to announce the recapitalization of the Harlan Residences at Hillview, a 54-unit multifamily property with 8,610 square feet of ground floor and subterranean retail space fronting Hollywood Boulevard in Los Angeles. The new financing enabled the ownership group to pay…

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