Real estate executive Kendell Lang explains the unique services offered by his company Fusion Properties to MMJ growers and manufacturers in need of specialized real estate, facilities and capital.
Fusion Properties Management Group is the new REIT in town and it’s offering medical marijuana growers and manufacturers the helping hand that no financial institution or commercial real estate company is willing to extend: specialized real estate, grow facilities and capital to fuel their cannabis enterprises.
Twenty years ago, real estate executive Kendell Lang saw the convergence of unique needs across three different industries. They were the life sciences, real estate and investment bankers / public capital markets. At the time, there was a conundrum: life science businesses required considerable capital to buy the necessary real estate and build or advance their facilities, while investment bankers were tired of seeing startups in their life science portfolio spending huge sums of money on tenant improvements.
Kendell Lang saw this major conundrum not as a problem, but as an opportunity and he created a unique concept, which resulted in the formation of BioMed Realty Trust, Inc. (NYSE: BMR), a business that bloomed into one of the leading providers of real estate and real estate services to the university and life science communities. In January of last year (2016), BioMed Realty was sold to Blackstone Real Estate Partners for $8 Billion, proof of just how lucrative the initial seed planted by real estate executive Kendell Lang was.
Now, all these years later, there is a similar convergence of needs and this time it’s in the medical marijuana industry, which has seeing exponential growth over the past few years and is estimated to be a $50 billion industry by 2026. And so, Kendell Lang started Fusion Properties Management Group for the purpose of providing medical marijuana growers and manufacturers with the specialized real estate and tenant improvement services they require.
Fusion Properties brings a unique array of opportunities to the table, including a vast reservoir of experience in specialized real estate requirements, the ability to free up capital to channel into the business of growing and proprietary construction materials that enable businesses to cut their operating costs by as much as 50%. These are just some of the reasons why Fusion Properties has piqued the interest of medical marijuana growers.
“We are in a unique position to help the growing community free up much-needed capital that has been sunk into real estate and tenant improvements,” says real estate executive Kendell Lang. “Fusion Properties can buy your property and lease it back to you at attractive rates. Additionally, we specialize in turnkey planning and the design and development of grow facilities.
“With Fusion Properties being a construction materials manufacturing company as well, we have proprietary technology and new advanced construction materials that enable us to build growers cost-effective, yet state-of-the-art facilities that will meet all of their current and future needs,” explains Lang. “From site selection and financing, to the delivery of the finished project, Fusion Properties meets the long-term needs of our tenants.”
If you are a state-licensed medical marijuana cultivator or manufacturer and would like to learn more about Fusion Properties Management Group and the specialized services offered by real estate executive Kendell Lang, Click Here.
Contact Real Estate Executive Kendell Lang
To speak with Fusion Properties Management Group about your interest in becoming a real estate portfolio member or a REIT shareholder, please contact:
CEO & Principal Investor
FUSION PROPERTIES MANAGEMENT GROUP, INC.
Oriental Center, Suite P1 | 254 Munoz Rivera Avenue | San Juan | Puerto Rico | 00918
You can also go to https://calendly.com/kendell-lang to schedule a discovery call.