MJ REIT

Hats off to Julia Valentine and Brinkley Skye from Star Legend FO for hosting an amazing event last night that featured Matthew Gould, CIO of Rainbow Realty Group. With over 40 years of CRE investing experience, the conversation spanned a wide range of related topics and focused on the opportunities and challenges in today's real estate market.

Also, special thanks to Peter Thurlow for graciously providing the space, with outstanding views of the city.

MJ REIT is pleased to announce a 10.50% annualized distribution for April 2026, marking the Fund’s 44th consecutive monthly distribution above its stated target.

In a market where headlines can change quickly, and volatility remains a concern for many investors, MJ REIT continues to focus on what matters most: disciplined underwriting, real estate-backed credit, and steady monthly income.

Our objective has remained the same since launch: to provide investors with an income-focused alternative that helps bring stability to a diversified portfolio.

For investors seeking income beyond the public markets, MJ REIT offers exposure to private real estate debt through a strategy built around consistency, collateral, and risk management.

Learn more: www.mj-reit.com

****Past performance is not a guarantee of future results****

Amid continued volatility in public markets and geopolitical uncertainty, MJ REIT paid a 12.25% annualized distribution for March 2026.

This marks our 43rd consecutive distribution above target.

For accredited investors seeking income beyond the daily swings of public markets, MJ REIT’s strategy is built around consistency: real estate-backed lending, disciplined underwriting, and a focus on capital preservation.

In uncertain markets, consistency matters.

Worth a conversation?

March Madness is full of surprises. Brackets get busted, momentum shifts fast, and what looks certain one day can change the next.

That kind of volatility may be exciting in basketball — but many investors are looking for something very different in their portfolios.

That’s where MJ REIT stands apart.

While public markets can swing on headlines, sentiment, and daily noise, MJ REIT is designed to provide a more stable, income-focused approach through private real estate debt. For investors seeking consistency, the focus is not on reacting to market madness — it is on disciplined underwriting, risk management, and dependable monthly distributions.

In a season defined by unpredictability, there is something powerful about an investment strategy built around stability.

Because when it comes to income investing, not everyone wants a Cinderella story. Some investors just want consistency.

**Past performance is not a guarantee of future results**

MJ REIT declared a 10.40% annualized distribution for February 2026—another month above target and a reflection of our focus on stable principal and double-digit annualized monthly income.

Supported by strong fundamentals:
*35 properties financed since inception
*0.0% fund-level leverage
*1.2-year weighted average maturity
*Senior mortgage-focused underwriting
*11.05% annualized return since inception, net of fees

With five full-cycle investments completed and continued portfolio momentum, we remain focused on protecting capital and delivering consistent income in all market environments.

If market volatility is keeping you up at night, lets have a conversation...

Public markets can shift quickly, and recent volatility is a good reminder that stability matters.

That’s where MJ REIT may be able to help. By focusing on private commercial real estate debt, short-duration lending, and monthly income, MJ REIT is designed to offer an alternative source of stability when public markets feel unpredictable, like they are today.

In times like these, stability does not mean standing still. It means building with intention, focusing on risk first, and owning investments designed to help dampen the swings public market investors know all too well. That’s the role private real estate can play in a broader portfolio, not replacing public markets, but complementing them when volatility rises.

If your portfolio is keeping you awake at night, maybe it's time to talk.

We’re pleased to share that MJ REIT’s January 2026 annualized distribution was 10.75%.

Since inception, our objective has remained consistent:
✔️ Stability of principal
✔️ Above-market monthly income
✔️ Disciplined underwriting in a capital-constrained sector

In an environment where volatility continues to impact public markets and traditional commercial real estate faces ongoing headwinds, we remain focused on short-duration senior mortgages, conservative loan-to-value ratios, and real estate-first underwriting.

Consistency doesn’t happen by accident. It’s the result of selectivity, structure, and staying disciplined when others stretch for yield.

We appreciate the continued confidence of our investors and remain committed to prudently deploying capital in 2026.

If you’d like to learn more about how private real estate credit may complement a diversified portfolio, please reach out.

We’re pleased to share another strong outcome for our investors.

A senior secured mortgage originated in October 2022, cross-collateralized by multiple industrial properties in Lompoc, CA, was paid off in full earlier this week, exactly the type of ex*****on our strategy is built to deliver.

Key investment highlights included:
• Senior secured mortgage backed by three operating industrial facilities and a 38-acre industrial parcel
• Conservative underwriting
• Approximately 55% day-one LTV after interest reserves
• Short-duration structure with meaningful downside protection
• A well-capitalized borrower supported by institutional equity sponsors

Even amid a volatile market backdrop, disciplined structuring, strong collateral coverage, and thoughtful sponsor alignment led to full principal repayment, reinforcing our risk-first approach to private real estate credit.

Outcomes like this highlight how MJ REIT prioritizes capital preservation while still generating attractive income opportunities for our investors.

If you’d like to learn more, let’s connect.

From everyone here at MJ REIT and our sub-manager, Rainbow Realty Group, we hope you had a safe and healthy holiday season. We are pleased to announce that MJ Real Estate Investment Trust has declared a 10.75% annualized distribution for December 2025, continuing our track record of consistent monthly income.

For those of us seeking to enhance our monthly income, give us a call to learn more.