We are excited to announce the successful payoff of a mortgage that was originated in 2022. The team continues to adhere to our underwriting criteria and conservative approach to lending. This deal reinforces our investment thesis of valuing properties at their alternative, non-cannabis use, which leads to higher returns on stable, low-risk assets. If you are looking to diversify your fixed-income portfolio, please visit us at www.mj-reit.com. #alternatives #Income #realestate #Cannabisrealestate
MJ REIT
Real Estate
Media, Pennsylvania 1,342 followers
MJ REIT is a hybrid real estate investment trust focused on generating passive income for investors.
About us
MJ REIT is a hybrid real estate investment trust focused on acquiring, owning, leasing, and providing mortgages to properties across the United States. MJ REIT has a thematic emphasis on state legal cannabis markets with a focus on industrial and retail commercial real estate.
- Website
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www.mj-reit.com
External link for MJ REIT
- Industry
- Real Estate
- Company size
- 2-10 employees
- Headquarters
- Media, Pennsylvania
- Type
- Privately Held
- Founded
- 2022
- Specialties
- cannabis, real estate, investments, and passive income
Locations
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Primary
Get directions
24 Veterans Sq
Media, Pennsylvania 19063, US
Employees at MJ REIT
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Chris Reece, CFA
Chairman & CEO at MJ REIT | Leading Alternative Real Estate Fund | Generating Passive Income for Accredited Investors
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Jeff Malach
Finance Professional
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Gopa Dobson
Chief Revenue Officer I Leading Alternative Real Estate Fund | Generating Passive Income for Accredited Investors
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Matthew Gould
CEO/Chairman Georgetown Partners, Inc., GP of Gould Investors L.P.; CEO of Rainbow Realty Group; Chairman of One Liberty Properties, Inc.; Senior VP…
Updates
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We are excited to share our October 2024 annualized distribution. Alternative investments may often help dampen volatility, increase diversification, and provide the opportunity for enhanced returns. If your portfolio isn't achieving its intended goal, maybe an allocation to MJ REIT can help. Visit us at www.mj-reit.com for more information. #alternativeinvestments #passiveincome
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Proud of the team for their dedication on generating a consistent above-market income for our investors. #alternativeinvestments #passiveincome Rainbow Realty Group
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Couldn't ask for a better partner. Congrats Rainbow Realty Group on the continued success.
Rainbow is very excited to share our first transaction in New Jersey! The third transaction of Rainbow Realty Group Fund IV was an acquisition of a 9,800 SQ Foot industrial property in New Jersey. Rainbow has now completed transactions in 11 states over the last 5 years. Rainbow Realty Group Fund IV is still accepting new investors, please reach out directly to Jack Levy to learn more. Learn more about the transaction here: https://lnkd.in/eefyMMMc
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Interestingly, at the end of last week, Bob Evnen, Nebraska's Secretary of State, posted a press release announcing that two referendums appear to be headed for the November ballot. The referenda would legalize medical marijuana and protect MMJ patients from prosecution. States with no cannabis program are becoming fewer and fewer... As new states join the movement, more capital is needed to build the required facilities. We will monitor the movement closely over the coming months/quarters for potential investing opportunities. https://lnkd.in/ezJdwK2W #alternativeinvestments #income
Secretary of State provides update on remaining petitions_0.pdf
sos.nebraska.gov
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In the world of alternative investments, investors now have more choices than ever. If you are considering an allocation and would like to learn more about MJ REIT, please visit us at www.mj-reit.com. #alternativeinvestments #income #realestate
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TODAY is the day for all our Ohio friends!
Ohio kicks off adult-use sales today! This is a roughly $600 million/year medical market that we expect to quickly triple in size. It's an MSO-heavy state, with 45 publicly-operated dispensaries representing 35% of the market. The current dispensary cap is five doors, and Green Thumb Industries (GTI), Cresco Labs, The Cannabist Company, and Acreage Holdings have the five-store max and a tier-one grow, which allows them to open three more doors. Ascend Wellness Holdings (CSE: AAWH.U / OTCQX:AAWH), and Verano have five doors with slightly smaller tier-two grows. Looking at the number of stores/enterprise value, Vext Science ranks 3x higher than anyone else—four doors and T1 grow—which allows them to add three more stores for a total of seven doors and a $75mm enterprise value. Who do you have your eye on in Ohio?
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MJ REIT reposted this
We are excited to announce the second transaction of Rainbow Realty Group Fund IV! This is Rainbow's third investment in Michigan, and we are excited to continue seeing the state's cannabis market flourish. https://lnkd.in/e8b3EiUk
Rainbow Realty Group Completes $7.5 Million Loan To Michigan Based Cannabis Company
globenewswire.com
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If you didn't catch the news yesterday, it was a big one...
Today's announcement from President Joe Biden on rescheduling. Follow Cultivated Media for more: https://cultivated.news #cannabisnews #cannabisindustry