Kalyx Development Email Format
Real EstateNew York, United States2-10 Employees
Kalyx Development is a New York City-based real estate company pursuing value-oriented acquisitions, owning an unlevered, multi-state portfolio of cannabis properties. The firm does not operate cannabis businesses and does not own or intend to own a financial stake in them. Properties are leased to established cannabis operators, and the company sometimes provides capital for infrastructure upgrades to selected tenants. As a landlord with specialized understanding of regulatory, zoning, and operational considerations in the cannabis industry, Kalyx helps tenants navigate market entry and expansion. It employs a range of acquisition structures and builds long-term relationships with tenants, regulators, and law enforcement to support compliant operations. The firm views the continued advancement of cannabis legalization in the United States as creating growing opportunities to acquire properties and support tenant growth.