Richard Acosta
Co - Founder & Chief Executive Officer at Inception REIT - , California, United States
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Inception REIT
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Inception REIT ("I-REIT") is a first-of-its-kind platform, focusing exclusively on providing real estate debt and equity capital solutions to the rapidly growing U.S. medicinal and adult-use cannabis industry. I-REIT is sponsored by The Inception Companies, a private opportunistic investment firm with significant experience investing across the regulated cannabis industry.I-REIT focuses on originating, acquiring, financing, and managing a diversified portfolio of commercial real estate senior mortgage loans and net leased properties. I-REIT's principals combine real estate, finance, and cannabis expertise, along with having raised, invested, or managed over $13 billion in real estate and growth equity capital investments across various industries with global investment firms including Goldman Sachs (NYSE: GS), The Yucaipa Companies, and Colony Capital (NYSE: CLNY). I-REIT neither owns, nor does it intend to own, a financial interest in cannabis businesses.