Anthony Coniglio, the President, CEO, and Founder of Newlake Capital, provided a comprehensive overview of the company's strategic role in the cannabis real estate market during the Sidoti Conference.
Cannabis Real EstateNewlake CapitalAnthony ConiglioCannabis IndustrySustainable BuildingReal EstateMar 20, 2025

Newlake Capital's primary focus is on providing real estate capital to the cannabis industry, including build-to-suit projects, lease agreements, and long-term financing solutions.
Newlake Capital offers flexible and secure financing solutions tailored to the unique needs of cannabis businesses, helping them thrive despite the limited availability of traditional banking options.
Newlake Capital is committed to environmentally responsible practices, such as using energy-efficient technologies and sustainable building materials, to support the growing demand for eco-friendly products and reduce operating costs.
Newlake Capital has a footprint across multiple states, with a particular focus on mature and growing cannabis markets.
Newlake Capital's strategic partnerships are crucial for its success, as they enable the company to provide tailored real estate solutions and support the growth and sustainability of cannabis businesses.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.