CANNA REAL ESTATE FUND, LP

AN Alternative way to participate in the cannabis business with a targeted 15.7% unlevered IRR

The Fund’s investment objective is to provide investors with an above average rate of return on both an absolute as well as risk adjusted basis, with a focus on delivering long-term appreciation and annual cash flow. The fund will purchase farms, farms with greenhouses and in some cases, indoor grow facilities. The general partners have targeted unlevered IRR of 15.7% and a preferred return of 10%.

OUR MISSION

Our fund was formed to address the capital and liquidity needs of cannabis oriented businesses. Many states have moved to legalize cannabis for medical or recreational use. However, the federal government prohibition precludes federally insured financial institutions from transacting with the industry, forcing many cannabis businesses to lockup large amounts of equity capital in their real estate that are otherwise needed for their operations and expansions. Through long-term leasebacks structured as absolute triple net (“NNN”) leases, the Fund seeks to produce superior returns.

WHO WE ARE

Execution of the Fund’s strategic  plan is implemented by a team of seasoned professionals with  decades of experience in the real estate industry and the NNN property market. The principals of the Fund have a strong track record in the acquisition, development, financing, management, marketing and sale of NNN properties throughout the United States.

WHAT WE DO

We seek to produce superior risk adjusted returns by investing in long term triple net leases, including sale leaseback transactions, targeting licensed Cannabis growers who are uniquely situated and are primed to pay premium rental rates.

INVESTMENT OFFERING

The Fund will offer investors 100% of net cash flow until they receive an annual cumulative, non-compounding preferred return of 10%, and 90% of cash flow until they receive an annual cumulative, non-compounding preferred return of 14%, projected to result in an unlevered Internal Rate of Return of 15.7% over a 6-year holding period, based on the pro-forma contained in Exhibit C of the PPM.

DETAILS
  • Total Fund Amount: $30 million
  • Projected Unlevered IRR: 15.7%
  • Preferred return of: 10% per year
  • Intended cash distributions: Quarterly
  • Projected holding period: 5 to 7 years
  • Minimum investment amount: $50,000

Interested accredited investors in this offering are required to review the Private Placement Memorandum for disclosures about the Company, operations, investment risks, and other pertinent information.

OUR TEAM
  • Steve Waldman

    Managing Member

    CEO of The General Partner

  • Ronald Max

    Member

    COO of The General Partner

  • Jin Koshibe

    Member

    Head Of Acquisitions & Due Diligence Of The General Partner

  • Edward J. Wlodarczyk

    Member

    Managing Director Capital Markets

  • Heather A. Thomson

    Member

    Director Of Communications For The General Partner

  • Canna Real Estate Advisors, LLC
  • 3 West 57th Street
  • New York, NY 10019

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