Advanced Flower Capital Completes REIT Conversion to Business Development Company
Advanced Flower Capital has completed its previously announced conversion from a real estate investment trust to a business development company regulated under the Investment Company Act of 1940, as amended, effective as of January 1, 2026. The completion of the Conversion expands AFC's investment flexibility to pursue opportunities beyond real estate-backed loans, including a broader universe of operating businesses, aimed at enhancing long-term shareholder value.