NewLake Capital Partners’ IPO

Hunton Andrews Kurth advised NewLake Capital Partners, Inc. on the deal.

NewLake Capital Partners, Inc., one of the cannabis industry’s largest REITs, announced its initial public offering. The IPO raised over $100 million for NewLake and closed on August 13, 2021.

NewLake owns a geographically diversified portfolio consisting of 27 properties across ten states with eight tenants, comprised of 17 dispensaries and ten cultivation facilities.

The Hunton Andrews Kurth team representing NewLake was led by REIT capital markets partners Robert K. Smith (Picture) and James V. Davidson, tax partner Kendal A. Sibley and capital markets associate Kathryn E. Saltz, with assistance from Matthew A. Hayes, Enyonam O-K Enninful, Alexa N. Williams, Sunyi Snow and Patrick C. Tricker. 

 

Involved fees earner: James Davidson – Hunton Andrews Kurth LLP; Matthew Hayes – Hunton Andrews Kurth LLP; Enyonam O-K Enninful – Hunton Andrews Kurth LLP; Kate Saltz – Hunton Andrews Kurth LLP; Kendal Sibley – Hunton Andrews Kurth LLP; Robert Smith – Hunton Andrews Kurth LLP; Sunyi Snow – Hunton Andrews Kurth LLP; Patrick Tricker – Hunton Andrews Kurth LLP; Alexa Williams – Hunton Andrews Kurth LLP;

Law Firms: Hunton Andrews Kurth LLP;

Clients: NewLake Capital Partners;

Author: Martina Bellini