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 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.
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.
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.
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.
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.
CEO of The General Partner
COO of The General Partner
Head Of Acquisitions & Due Diligence Of The General Partner
Managing Director Capital Markets
Director Of Communications For The General Partner