Kiehn Equity Funds primary focus is on value add positive net cash flowing cannabis real estate acquisitions and management.
The Fund’s management team has expertise in all aspects of the real estate market, including luxury acquisitions and management, commercial acquisitions and management. This includes successfully managing real estate portfolios throughout the housing bust while maintaining positive net cash flow.
The Fund is seeking capital commitments of $25 million. The General Partner anticipates that the Fund’s investments will be focused on properties located in secondary and tertiary markets, and will generally have valuations of less than $5 million.
Based on the experience of the General Partner’s investment professionals, investments in this segment of the market have historically been made at attractive valuations providing for attractive long-term risk adjusted returns.
The Fund’s investments are expected to range in size from $1 million to $5 million; however, investments in any single property (excluding bridge financings) will not exceed 50% of the Fund’s total capital commitments. It is expected that the Fund will make investments in 8 to 12 properties over its life. The Fund will invest in a diversified mix of performing and distressed opportunities. Such a diversified mix has proven in the past to provide attractive and consistent results. This strategy is designed to build a relatively lower risk real estate portfolio with a high percentage of successful investments