#1 Commercial R.E. Leader in the Cannabis Industry is Rob Sechrist, on In The Weeds with JImmy Young
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Show Notes
When people ask where they should go to invest in the cannabis industry, Real Estate seems to be the best for growth in this volatile industry. Whether that’s for growhouses or farms, or for licensed dispensaries, or even future social clubs, Commercial Real Estate will be required. Rob Sechrist from the Pelorus Equity Group Fund in Orange County California has been one of the leaders in this space for years. Here's his track record of accomplishments:
o Leading provider of commercial real estate loans for the cannabis sector
o In 2021 the Company saw 434% growth YoY
o More than $250MM in AUM
o Upsized Pelorus Fund’s offering to $1B in 2021, up from its previous $250M offering
o $200M in equity – more equity than any other privately held or publicly traded commercial real estate lender in the cannabis space.
o First in the cannabis industry to secure up to a $20M line of credit with an FDIC–insured bank at 4.75% and no non-usage fees.