Applying a value-oriented approach to acquisitions, Kalyx Development Inc. has amassed an unlevered, multi-state portfolio of cannabis properties. Kalyx leases its properties to recognized, seasoned operators and provides select tenants with capital for infrastructure upgrades. Kalyx is an on-going, equity buyer of industrial and commercial real estate and a landlord well versed in the regulatory, zoning and operational challenges unique to the cannabis industry. Kalyx properties are located in states with rapidly growing cannabis markets that operate within thoughtfully constructed regulatory frameworks. Kalyx is NOT a cannabis operator. It neither owns, nor does it intend to own, a financial interest in a cannabis business. Rather, by purchasing their buildings well and carefully vetting new tenants, Kalyx is creating a new real estate vertical that addresses the specific needs of the cannabis industry. Kalyx uses a range of traditional and bespoke acquisition structures that allow operators to unlock capital currently consumed by their real estate assets. This often enables tenants to strengthen their balance sheet and accelerate their growth. Kalyx also draws on its growing network of regulatory and law enforcement partnerships in providing guidance to tenants as they navigate compliance issues in new markets. Kalyx is building a carefully selected portfolio of real estate assets as well as lasting partnerships with its tenants, regulators and law enforcement. Kalyx believes that the steady advancement of cannabis legalization in the United States will spur increasingly greater opportunities to acquire properties, attract and retain strong tenants and build value for shareholders.
View Top Employees from Kalyx DevelopmentWebsite | http://kalyxdevelopment.com/ |
Revenue | $1 million |
Funding | $19.5 million |
Employees | 6 (6 on RocketReach) |
Founded | 2014 |
Address | 366 Madison Avenue 11th Floor, New York, New York 10017, US |
Phone | (646) 368-6939 |
Fax | (212) 315-3446 |
Technologies |
JavaScript,
HTML,
PHP
+8 more
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Industry | Real Estate, Cannabis, Real Estate Development, Community and Lifestyle, Financial Capital Solutions, Food and Beverage, Cannabis Industry and Grow Expertise, Health Care, Business Development, Commercial, Industrial |
Web Rank | 7 Million |
Keywords | Weed Commercial Real Estate New York |
SIC | SIC Code 655 Companies, SIC Code 65 Companies |
NAICS | NAICS Code 23721 Companies, NAICS Code 23 Companies, NAICS Code 237 Companies, NAICS Code 237210 Companies, NAICS Code 2372 Companies |
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The Kalyx Development annual revenue was $1 million in 2024.
Lily Colley is the Vice President of Public Relations of Kalyx Development.
6 people are employed at Kalyx Development.
Kalyx Development is based in New York, New York.
The NAICS codes for Kalyx Development are [23721, 23, 237, 237210, 2372].
The SIC codes for Kalyx Development are [655, 65].