The JKAM team is excited to share our newest investment opportunity, Pelorus High Performance Debt Fund.
Pelorus is a Newport Beach-based, private mortgage REIT that provides high-performance loans to owners and operators within the cannabis market.
Key Investment Details
Target Net IRR: 12-15% | Monthly Distributions
Hold Period: 6 month member lock up, >50k of 8.33% per month
- Pelorus has deployed $350M (secured by $750M) in the cannabis lending sector since 2016, comprised of 63 transactions with 26 payoffs.
- Pelorus launched the Pelorus Fund in 2018 with the lending strategy of senior secured notes collateralized by cannabis-use real estate properties with personal/corporate guarantees from the sponsors.
- Investment-grade rated BBB+ from Egan Jones.
- Pelorus is taking advantage of mispriced credit caused by the lack of liquidity in the capital market caused by the dislocation between State and Federal policies to generate above-market returns.
- Pelorus Fund REIT qualifies for a 20% reduction in the Federal tax rate, only generates state income taxes in the state the investor is domiciled, and cleanses UBTI for Self-directed IRA investors.
- Short time horizon, increased liquidity
- High Current Cash Flow
- Alternative to Cash- Inflation is eroding the purchasing power of your dollars and we recognize the need for safety, yield and liquidity.
Make A Reservation
Steps to invest:
- Make A Reservation
- Schedule A Call
- Verify Accreditation
- Review & E-sign JKAM Flexible Allocation Fund Documents
- Reservation Deadline June 20th
- Funding Deadline June 28th
- This offering has limited space and will be on a first come first serve basis.