Pelorus Fund
Newport Beach, United StatesFounded 2018
About Pelorus Fund
Pelorus Fund is a cannabis mortgage REIT offering investors exposure to cannabis real estate debt through a pooled fund structure investing in first-lien cannabis property loans.
Key Facts
- 1Affiliated with Pelorus Equity Group, deploying capital through a REIT structure for tax-efficient cannabis real estate lending
- 2Focuses on first-lien positions with conservative loan-to-value ratios to protect investor capital
Frequently Asked Questions
How does Pelorus Fund differ from Pelorus Equity Group?
Pelorus Fund is the investment vehicle that pools investor capital to fund cannabis mortgages, while Pelorus Equity Group handles origination, underwriting, and loan servicing.
What returns does the Pelorus Fund target?
The fund targets high single-digit to low double-digit annual returns through interest income on secured cannabis mortgages with typical LTV ratios below 65%.
More Cannabis Companies in Newport Beach
Products
- Cannabis mortgage REIT fund
- First-lien cannabis property loans
Specialties
Cannabis mortgage lendingCannabis real estate debt fund management
Company Details
- Location
- Newport Beach, United States
- Founded
- 2018
- Publicly Traded
- No
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