Pelorus Equity Group Opens New York City Office, Announces New Hires, as the Empire State Prepares for Adult-Use Cannabis Market – Hires Dentons As Representing Lawyers

CANNANNEW REPORT

Leading Provider of Value-Add Bridge Commercial Real Estate Loans to the Cannabis Sector Also Announces the Appointments of Jessica Uris as Senior Associate and Devin McGrath as Analyst, as well as Multinational Law Firm, Dentons, as its Corporate Counsel August 12, 2021 08:00 ET | Source: Pelorus Equity Group, Inc. NEWPORT BEACH, Calif., Aug. 12, 2021 (GLOBE NEWSWIRE) — Pelorus Equity Group (“Pelorus” or “the Company”), the leading provider of value-add bridge commercial real estate loans to cannabis businesses and owners with cannabis-related real estate, announced the opening of its New York office, which is led by Travis Goad, Managing Partner, and located in Union Square. With an office already in Newport Beach, California, Pelorus’ expansion will support its rapidly growing portfolio, client base and investors. The Company also announced the appointment of Jessica Uris as a senior associate and Devin McGrath as an analyst for the Pelorus Fund, both of whom will be based in the New York City office and reporting to Travis Goad. In addition, Pelorus has appointed Dentons, a multinational law firm and the fifth-largest global law firm in the world, as its corporate counsel. The Company sees this appointment as yet another mark of the maturation of the legal cannabis industry and its associated real estate needs. The Company’s Pelorus Fund is a private mortgage real estate investment trust (“mREIT”) that has completed 55 commercial real-estate loan transactions and deployed $204 million to cannabis businesses and real estate owners in eight states across the U.S., comprising a total of 1,750,000 sq. ft. Offering a broad scope of innovative transactional solutions, the Pelorus Fund addresses the diverse needs of real estate investors and portfolio managers in the cannabis industry. “Despite the challenges every industry is facing right now, Pelorus continues to build off the strong momentum in the cannabis commercial sector, experiencing impressive…

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Source : Pelorus Equity Group Opens New York City Office, Announces New Hires, as the Empire State Prepares for Adult-Use Cannabis Market – Hires Dentons As Representing Lawyers

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