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Pelorus Capital Group

Newport Beach, CA·Founded 1991·
Pelorus Equity Group, through its affiliated Pelorus Fund, specializes in cannabis-related high yield commercial real estate lending. Pelorus offers short-term, senior loans secured by stabilized and value-add cannabis-related commercial real estate. We focus on a few specific under-served areas of the cannabis space:
Pelorus Capital Group describing itself

Loan programs

Offers— no published terms

Terms & qualification

Typical loan size
$1.5M – $30M
Typical term
12 mo – 36 mo
Interest rate
15% – 17%
Origination / points
3% to 7%
Minimum FICO
500
Lien position
1st
Prepayment penalty
3 months minimum yield
Payment structure
Interest Only
Recourse
Sometimes
Closing speed
5 days typical · 3 days fastest
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Tax Returns, Bank Statements, Financial Statements, Loan Application, Appraisal Required for Commercial Property, Always, Broker Price Opinion (BPO) Accepted for Commercial Property, Never
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation

Lending footprint

Not reported.

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.