Overview
MJ REIT was launched to finance real estate within the cannabis industry, with a dual goal of stability and above-market monthly distributions. The Fund targets a 10% annualized return, derived mostly from monthly income, and has an annualized return of 11.43%, net of fees, since inception. With exposure to 25 properties across five states, MJ REIT is a diversified investment strategy and offers monthly purchases and redemptions. The minimum investment is only $25,000 with 1099 tax reporting. Distributions also qualify for a 20% tax deduction from federal taxes. Importantly, every deal is meticulously stress-tested to minimize downside risk and originated using an alternative-use valuation.
Accepted Investors
Accredited
Raise Close Date
Evergreen
Regulation Type
506C
Deal Type
Fund
Asset Location(s)
California
Colorado
Michigan
New York
Ohio
Asset Class(es)
Debt
Industrial
Retail