Case Studies
Repaid Loan
In August 2024, a private lender refinanced a loan that was made in November 2021.
Counterparty
Location
Type
Cannabis Cultivator and Processor
Bridgeport, West Virginia
Loan
$4,200,000
Loan Size
33 months
Hold Period
1.36x
Equity Multiple
16.11%
Actual Unlevered Deal XIRR
Repaid Loan
In May 2024, a private investor in Euclid, Ohio, purchased the building and paid off the loan that was made in 2022.
Counterparty
Location
Type
Cannabis Dispensary
Euclid, Ohio
Loan
33%
Profit Participation Interest
19 Months
Hold Period
2.16x
Equity Multiple
65%
Actual Unlevered Deal IRR
Repaid Loan
In March 2024, our tenant in Ravenna, Ohio, purchased the building and paid off the loan that was made in 2022.
Counterparty
Location
Type
Cannabis Dispensary
Ravenna, Ohio
Loan
33%
Profit Participation Interest
17 Months
Hold Period
1.69x
Equity Multiple
52.16%
Actual Unlevered Deal IRR
Repaid Loan
In December 2023 Fund 1 was refinanced out of a loan it made in January 2021 by a private lender in California
Counterparty
Location
Type
Cannabis Dispensary
Ventura County, CA
Loan
$2,000,000
Loan Size
36 Months
Hold Period
1.26x
Equity Multiple
11.70%
Actual Unlevered Deal XIRR
Repaid Loan
In October 2023, Fund I was refinanced out of a loan it made in June 2021.
Counterparty
Location
Type
Cannabis grower, cultivator, & distributer
Detroit, Michigan
Loan
$10,500,000
Loan Size
27 Months
Hold Period
1.34x
Equity Multiple
14.53%
Actual Unlevered Deal XIRR
Completed Sale
In early 2022, Fund I completed a sale of 5 assets it purchased in 2019.
Counterparty
Location
Type
Cannabis Cultivation and Dispensaries
Denver, Colorado
Sale-Leaseback
$3,400,000
Acquisition Price
3.2 Years
Hold Period
$4,750.000
Sale Price
33%
Actual Unlevered Deal IRR
Contact Us
420 Lexington AVE
New York, NY 10170
investors@rainbowrg.com
jack@rainbowrg.com
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