Advanced Flower Capital (AFCG) 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.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AFCG:
- AFC Gamma’s Strategic Shift to BDC: Enhanced Growth Potential and Diversified Investment Opportunities Justify Buy Rating
- Advanced Flower Capital price target lowered to $9 from $10 at TD Cowen
- Afc Gamma, Inc. Reports Q3 2025 Financial Results
- Afc Gamma, Inc. Earnings Call: Strategic Shift Amid Challenges
- Advanced Flower Capital reports Q3 distributable EPS 16c vs 35c last year