Friday, 21 September 2018

This investment firm launched $100M fund targeting cannabis-backed real estate

Are there financing opportunities in cannabis-related commercial real estate? A Newport Beach-based real estate investment firm thinks so. Pelorus Equity Group has launched a $100 million fund targeting real estate-based financing opportunities with licensed and established cannabis businesses. Pelorus just closed a $25 million fund aimed at fueling the growth of the cannabis industry. The new fund will target established borrowers in the industry and will lend on commercial and industrial buildings on the West Coast. Most […]



source https://therealdeal.com/la/2018/09/20/cannabis-re-group-opening-100m-fund/#new_tab

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