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MJ REIT Invest Now

Gould Investors L.P. (“Gould”), RRG’s lead investor and operating partner, has a six-decade track record of success producing strong and safe returns for its investors. Gould and its affiliates have founded a variety of niche real estate businesses and currently manages two publicly traded REITs.

Rainbow is the next iteration of Gould’s decades long tradition of success finding niche opportunities where returns exceed relative risk.

Real Estate

Prowess

  • 2024 RRG Fund IV is formed
  • 2022 RRG Fund III is formed as a joint venture with a family office
  • 2021 RRG Fund II is formed with $51M AUM
  • 2019 RRG Fund I is formed with $54M AUM
  • 2018 RRG is formed: Gould begins financing real estate for U.S. cannabis
  • 2013 Gould enters the cannabis industry by financing a NJ cannabis license winner
  • 2012 BRT transformed into multifamily REIT
  • 2000 Gould invests in EPR and OLP, stadium theater portfolio
  • 1990-94 Gould acquires Bayside Fed, Bankers Fed and Bank of Great Neck. Public to private bank conversions.
  • 1989 Gould took over OLP, a firestone tire and rubber captive REIT.
  • 1986 Gould Investors L.P., converted into a master limited partnership (MLP)
  • 1984-88 Gould has multiple profitable investments in NYC co-ops
  • 1983 Gould took over Berg Realty Trust (BRT) and converted it into a mortgage REIT
  • 1970 Gould Investors Trust converted into a REIT
  • 1962 Gould Properties Inc., a diversified New York city real estate portfolio, is founded with a public offering

MJ REIT is sub-managed by

Rainbow Realty Group

Rainbow Realty Group, LLC (“Rainbow”) was created to bridge the financial gap for cannabis companies in the United States.

Why Rainbow?

Our portfolio of successful ventures is unparalleled in the industry. The GP is a master limited partnership that owns and operates a diversified portfolio of real estate assets located throughout the United States including being the largest investor and manager of two publicly traded New York Stock Exchange REITS; One Liberty Properties, Inc. (NYSE: OLP) and BRT Apartments Corp. (NYSE: BRT).

Rainbow's leadership has multi-generational experience owning and operating various real-estate asset classes

  • Matt

    Matthew J. Gould

    Chairman and CIO

    Matthew J. Gould serves as an interested Board Member representing the sub-manager, Rainbow Realty Group. Mr. Gould has spent his entire career in the real estate industry with various organizations. He currently serves as CEO of Georgetown Partners, Inc. and Managing General Partner of Gould Investors, L.P., a diversified primarily real estate owner and operator since 1994.

    Since 2012, Mr. Gould has served as Chairman of One Liberty Properties, Inc. (NYSE:OLP), a single tenant net lease REIT, holding earlier positions as Vice Chairman and President dating back to 1989. He is a Board Member and Senior Vice President of BRT Apartments Corporation (NYSE: BRT), a multifamily REIT, performing various roles dating back to 1984.

    Since 2019 he has held multiple positions at Rainbow Realty Group Funds, including CEO and currently Chairman and CIO.  Rainbow Realty Group manages two private funds that own and provide mortgages to borrowers in the cannabis space. He is a Board Member of Halsa Holdings, LLC, a CA cannabis operator, since 2021 and Vice President of Majestic Property Management Corp., a privately held real estate management fund, since 1984.

    Mr. Gould earned a B.A in English Literature from University of Michigan in 1981 and a J.D. from the Benjamin Cardozo School of Law in 1984.

    Matthew J. Gould's LinkedIn
  • Kyle

    Kyle Shenfeld

    CEO

    Kyle is a dynamic professional with an impactful contribution to the Gould family.

    As the founder of Rainbow Realty Group, he has helped the company with three successful funds, blending innovation and excellence in real estate. In addition to their entrepreneurial pursuits, they serve as the Associate General Counsel of Gould Investors L.P., his family’s investment office.

    Prior to this, he honed hislegal skills as an Associate in the Real Estate Department of Herrick Feinstein LLP.

    Kyle also founded H2GoBlue, focused on environmental sustainability and responsible water management.

    Kyle Shenfeld's LinkedIn
  • Ben

    Ben Bolanos

    COO

    Ben is the current COO of Rainbow Realty Group, where his strategic leadership is instrumental to the company’s success.

    His extensive real estate background includes previous roles as Vice President of Acquisitions at One Liberty Properties, as well as positions at Panther Properties Investment LLC and Compass Realty Associates.

    Ben’s expertise and experience make him a valuable asset in the real estate industry.

    Ben Bolanos's LinkedIn
  • Isaa

    Isaac Kalish

    CFO

    Isaac is an accomplished financial professional with extensive experience.

    He currently holds the position of Vice President and Treasurer of the Managing GP at Gould Investors L.P. since 2012.

    He has also been the Vice President and Assistant Treasurer at One Liberty Properties, Inc. since 2007.

    Isaac is a Certified Public Accountant (CPA) in the State of New York and is an active member of the American Institute of CPAs and the New York State Society of CPAs. His prior experience includes roles as an Associate at Ernst & Young and Buchbinder Tunick & Co. Isaac’s financial expertise and commitment to his profession make him a valuable asset in the industry.

  • Tyle

    Tyler Gilliam

    AVP

    Tyler is a diligent professional with a strong background in real estate.

    He previously worked as an Acquisitions Analyst at Alliance Manufactured Homes, where his analytical skills helped with the company’s success.

    Previously, he served as EVP of Business Development at Realogy Title Group.

    Tyler holds an MS in Real Estate Development from NYU, which underscores his expertise in the field. His experience and education make him a valuable member of the team.

    Tyler Gilliam's LinkedIn
  • Jack

    Jack Levy

    BD

    Jack is a dynamic professional.

    He began as a Client Solutions Associate at GLG, where he provides tailored solutions and valuable insights to top hedge funds.

    After GLG, he joined AscendEX, where he worked as the Head of Sales, cultivating partnerships with C-Level executives, institutions, market makers, and VC firms.

    His diverse experience continues as the first Business Development Associate at Rainbow Realty Group, focusing on fundraising and investor relations.

    Jack Levy's LinkedIn

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Private Placement Risk

Private placements are speculative investments in which an investor could potentially lose the entire investment. The risks associated with a private placement are stated in its private placement memorandum (“PPM”). Investors considering investing in a private placement should fully review the PPM, and if appropriate, consult a legal or financial professional prior to making an investment decision.

Cannabis Legal Disclosure

The possession, use, cultivation, manufacturing, sale, transfer and dispensing of cannabis is illegal under The United Stated Federal Law (see: Controlled Substances Act of 21 U.S.A. 801). The cannabis industry is conducted in states that have passed legislation that has either decriminalized, legalized the use of medical marijuana, and/or legalized the use of recreational marijuana. The possession, use, cultivation, manufacturing, sale, transfer and dispensing of cannabis is governed by state law and from state to state. Companies that engage in the cannabis industry and individuals investing in the cannabis industry could be subject to federal criminal prosecution, civil fines and/or penalties.