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This Real Estate Company Just Poured $8.5M Into A New York-Based Cannabis Operation
Thursday, May 2, 2024 - 10:10am | 406Rainbow Realty Group IV LLC, a real estate financier for US cannabis companies, in collaboration with Rainbow Realty Group II LLC, GEMA CP Fund I LLC and MJ Real Estate Investment Trust, has finalized an $8.5 million acquisition loan, solidifying its commitment to enhancing cannabis cultivation in...
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Rainbow Realty Group Acquires Industrial Building In Sacramento For $4.0M And Closes On $5.85M Bank Loan
Wednesday, August 9, 2023 - 10:44am | 398Rainbow Realty Group, LLC and Rainbow Realty Group II, LLC (collectively "Rainbow") and MJ Real Estate Investment Trust, nationwide owners and lenders of real estate to the US cannabis industry, acquired in a sale-leaseback, a 21,600 square foot modern concrete industrial building located...
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Kyle Shenfeld Of Rainbow Realty Group Speaks On Debt Financing At Benzinga's Cannabis Capital Conference
Friday, April 21, 2023 - 2:20pm | 204Kyle Shenfeld, CEO of Rainbow Realty Group, spoke at the Benzinga Cannabis Capital Conference at the ‘Debt Financing: The Industry's White Knight in 2023’ panel. When the legalized cannabis industry first blew up, there was an abundance of lenders that were eager to finance emerging...
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Cannabis Real Estate Fund Updates Its Target Returns To 18.1% From Previous Target Of 13.1%
Wednesday, February 23, 2022 - 2:59pm | 262Rainbow Cannabis Fund II was launched on CrowdStreet in December 2021 to provide capital to cannabis operators through sale-leaseback acquisitions and first mortgage loans secured by existing real property. See original offering announcement: New Cannabis Real Estate Investment Fund Targeting A 13....
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New Cannabis Real Estate Investment Fund Targeting A 13.1% Annual Return
Tuesday, December 7, 2021 - 7:27pm | 369The latest offering on CrowdStreet’s real estate investment platform (see more real estate investment opportunities) is for a fund providing capital to cannabis operators through sale-leaseback acquisitions and first mortgage loans secured by existing real property. Rainbow Cannabis Fund II...
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Exclusive: Cannabis Fund Rainbow Realty Raises $47M, Including $10M From CrowdStreet
Friday, February 26, 2021 - 9:00am | 379Rainbow Realty Group (RRG), a real estate investment firm focused on the U.S. cannabis industry, has completed a $47 million fundraise, Benzinga has learned. Of that total, $10 million was raised from nearly 200 individual investors via CrowdStreet, a real estate investing online...
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Cannabis Real Estate Exec: The Cannabis Market Is At A Compelling Crossroads
Friday, May 29, 2020 - 4:34pm | 522The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Rainbow Realty Group, a real estate owner and lender, is providing financial assistance to cannabis tenants and borrowers in the U....