The Pelorus Fund is a cannabis-focused commercial real estate mortgage REIT with a target annualized yield of 15% IRR. The Fund achieved an annualized 15.5% IRR in 2019, and the mortgage REIT qualifies for a 20% federal tax savings with monthly distributions to the Members.
Q&A with Rob Sechrist the President of Pelorus Equity Group
What is happening now with Pelorus Equity Group
We have doubled our assets under management and expect to do it again by Q2.
We are seeing more attractive loans with higher yields and are scraping warrants on some transactions that are shared with our Fund Members.
We will discuss how COVID 19 effected the Pelorus Fund.
What does the future look like for Pelorus Equity Group
We believe we will continue to nearly double our assets under management each quarter. The Pelorus Fund makes monthly distributions delivering “near equity-like returns” by focusing on providing loans secured by commercial properties and allowing for cannabis-use tenants; we are non-plant touching.
