Recommended Free Tools
iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
Trulieve says it repaid a $15.8 million mortgage from Blue Ridge Bank on December 30, 2025—not a $65 million mortgage. The company funded the payoff with $8.3 million from operations and $7.5 million in restricted escrow cash, and recorded a $0.1 million loss on debt extinguishment.
How much mortgage debt did Trulieve repay?
Trulieve reported repaying $15.8 million of mortgage debt. Its 2025 annual report says the full payoff occurred on December 30, 2025; the company’s February 26, 2026 full-year results release also describes the repayment as $15.8 million.
The $65 million figure in the original headline is not supported by these company disclosures. They identify a $15.8 million repayment, and do not establish what the $65 million figure refers to.
Free tools Windows power users keep installed
One-click scans. No signup required.
Which mortgage did Trulieve pay off?
The repaid obligation was a mortgage note from Blue Ridge Bank. It had originally been due on December 22, 2032, so Trulieve repaid it before its scheduled maturity, according to the company’s 2025 annual report.
#1 Best Overall
- Loan Amortization and Remaining Balances
- Instant Principal, Interest, Interest Only and Total Payments
- Future Values
- Date math function
How did Trulieve fund the repayment?
The annual report says Trulieve used $8.3 million from operations and $7.5 million in restricted escrow cash. The two sources together account for the reported $15.8 million payoff.
The filing also records a $0.1 million loss on debt extinguishment, representing deferred issuance costs written off in the accounting. The payoff therefore reduced the stated mortgage obligation, but it was not recorded without an accounting cost.
Rank #2
- SPEAKS YOUR LANGUAGE: Keys clearly labeled in residential mortgage finance terms like Loan AMT, Int, Term, PMT. This industry-standard calculator is super easy to use on all realty financing matters from finding a loan that works for your client to considering trust deeds investments, or finding remaining balances or balloon payments and much more
- CONFIDENTLY AND EASILY SOLVES: All your clients' financial questions whether they are buyers, sellers, investors or renters. Increase your perceived professionalism as a new agent, experienced broker or seasoned loan officer. Close more home sales and impress your clients with fast, accurate answers to all their real estate finance questions
- DEDICATED BUYER QUALIFYING KEYS: Enter client's income, debt and expenses to pre-qualify them to only show properties they can afford. Include tax, insurance and mortgage insurance then compare loan options and payment solutions to give your client choices before they make an offer to buy
- FIGURE OUT THE RIGHT LOAN: At the press of a button for jumbo, conventional, FHA/VA, or even 80:10:10 or 80:15:5 combo loans; check to see if ARMs or bi-weekly loans, quarterly payments or if interest-only payments are the answer; giving your client more choices; easily perform what if loan or tvm calculations Find loan amount, term, interest or PITI or PI payments
- BECOME AN INVALUABLE RESOURCE: Reduce your clients' confusion and uncertainty; ensuring they are able to make a purchase offer; knowing they can afford the down payment; and determining which is the right loan for them. Date-math for listings and contracts too. Comes with a protective slide cover, quick reference guide, pocket User's Guide, and long-life batteries
Was the mortgage repayment the same as Trulieve’s $368 million debt redemption?
No. Trulieve’s February 26, 2026 full-year results release reports two separate transactions: the $15.8 million mortgage repayment and the redemption of $368 million in senior secured notes due 2026. The $368 million figure refers to the notes, not the Blue Ridge Bank mortgage.
What do Trulieve’s later financial results show?
For context, Trulieve’s August 7, 2026 second-quarter results release reports $271 million in Q2 revenue and a 60% gross margin. It also reports $109 million in operating cash flow and $74 million in free cash flow for the first half of 2026. These are company-reported figures in U.S. dollars; they do not isolate the mortgage payoff’s effect on liquidity or leverage.
Rank #3
- DEDICATED FUNCTION KEYS for Quick Financial Solutions: Clearly labeled function keys enable you to quickly and confidently provide financial answers and options for your clients, whether in the office, in the car or at an open house. Compare loan options and provide payment solutions to give your client choices
- INSTANT FINANCIAL PROBLEM SOLVING: Solve the financial questions your clients have whether they are buyers, investors or renters; increase your perceived professionalism and close more home sales by quickly answering real estate finance problems including remaining balances
- RESIDENTIAL REAL ESTATE FINANCE TERMS: Keys labeled in residential real estate finance terms like Loan AMT, Int, Term, PMT; Calculator is super easy to use to determine a mortgage loan that works for your client
- VERSATILE LOAN CALCULATION OPTIONS: Calculate 80:10:10 or 80:15:5 combo loans at the press of a button; check to see if ARMs or bi-weekly loans, quarterly payments or if interest-only payments are the answer; giving your client more choices
- COMES COMPLETE: Comes with a protective slide cover, quick reference guide, pocket user's guide, two long-life batteries, and 1-year warranty
The latest quarterly filing identified here is Trulieve’s Form 10-Q for the period ended June 30, 2026. The available disclosures do not quantify a standalone balance-sheet benefit from repaying this particular mortgage. The repayment removed the stated mortgage obligation, while using cash that otherwise would have remained available to the company.
Quick Recap
Best Value
- Extra large 12-digit angled display.
- Loan Wizard.
- Automatic Tax Keys.
- Selectable decimal setting.
- Input any three loan variables to compute the fourth.
Rank #4
- SPEAKS YOUR LANGUAGE: Keys clearly labeled in residential mortgage finance terms like Loan Amt, Int, Term, Pmt; this industry-standard calculator is super easy to use on all realty financing matters from finding a loan that works for your client to considering trust deeds investments, or finding remaining balances or balloon payments and more
- CONFIDENTLY AND EASILY SOLVE: Clients' financial questions whether they're buyers, sellers, investors or renters. Increase your perceived professionalism as a new agent, experienced broker or seasoned loan officer. Close more home sales and impress your clients with fast, accurate answers to all their real estate finance questions from PITI Payments to IRR, NPV and Cashflows
- DEDICATED BUYER QUALIFYING KEYS: Enter client's income, debt and expenses to pre-qualify them to only show properties they can afford. Include tax, insurance and mortgage insurance then compare loan options and payment solutions to give your client choices before they make an offer to buy
- FIGURE OUT THE RIGHT LOAN: For your client at the press of a button for jumbo, conventional, FHA/VA, or even 80:10:10 or 80:15:5 combo loans; check to see if ARMs or bi-weekly loans, quarterly payments or if interest-only payments are the answer; giving your client more choices; easily perform what if loan or TVM calculations find loan amount, term, interest or PITI or PI payments
- BECOME AN INVALUABLE RESOURCE: To your clients by reducing their confusion and uncertainty; ensuring they are able to make a purchase offer; knowing they can afford the down payment; and determining which is the right loan for them. Date-math for listings and contracts too. Comes with a protective slide cover, quick reference guide, pocket user's guide, and long-life battery
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
