Today on the Daily Dive, host Cassandra Leah sits down with that of Rob Sechrist, Co-Manager of the Pelorus Fund, which is a cannabis-use CRE mortgage REIT. Rob joins us this afternoon to discuss his experiences in diligencing private operators before making investments, the profile he uses for lending, as well as a rundown of what specifically the Pelorus fund focuses on in terms of REIT opportunities.
Pelorus Equity Group is a cannabis focused investment firm that offers both debt and equity solutions. The firm currently has over $1.0 billion in commercial real estate transactions currently funded, while providing solutions for projects where traditional capital is difficult to access. The Pelorus Fund, one portion of the firm, acts as a secured debt fund for cannabis facilities which targets an IRR of 15%.
The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
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