Posts by dsutoyo
Freedom Financial Funds CEO Michael Klein is Going Over the Edge for Veterans
Michael Klein, CEO of Freedom Financial Funds, LLC, serves on the board of directors for nonprofit Homes 4 Families, where he contributes his financial knowledge in furtherance of the organization’s mission of building affordable housing, helping low-income veterans achieve home ownership, and supporting communities for veterans and their families. Klein said, “When I was asked…
Read MoreWhat’s Constraining CRE Lenders?
Comments from Freedom: The author makes very good points but does not consider unleveraged debt funds such as Freedom Financial Funds, LLC (“Freedom”). Freedom does not depend on public markets or banks to fund our borrower’s loans. Instead we use our equity capital to do so. This makes Freedom able to decide independently of market…
Read MoreFreedom Financial Funds Closes Ninth Loan Transaction With Client
Freedom Financial Funds, LLC (Freedom) recently closed a $4,680,000 construction loan that will provide 88% of cost financing to construct a build-to-suit project leased to 7-Eleven in Bakersfield, California. The client, a seasoned developer who is highly bankable, chose Freedom for the ninth time because he knows from experience that Freedom executes quickly and efficiently.…
Read MoreCopy-Paste Error Leads To Homebuyer Getting Whole Neighborhood
This accidental bargain is about to be a lot of paperwork. A tiny mishap has landed a Sparks, Nevada, homebuyer with a small city’s worth of homes purchased for the price of one. Thanks to four mistaken keystrokes, the new owner of a single-family home received an additional 84 house lots, plus two common spaces…
Read MoreFreedom Loans $14 MM For Multi-Tenant Project In Southern California’s Inland Empire
Freedom Financial Funds, LLC recently closed a $14,000,000 build-to-suit construction loan for a multi-tenant project in the Inland Empire region of Southern California. Tenants include Shell, Starbucks and Tesla. The transaction was originated by Stanley Kafka, a founding principal of Freedom. This is the fifth loan that Freedom has provided to the sponsors. The loan,…
Read MoreFreedom Closes $10.5 MM Bridge Loan In Seattle/Tacoma Metro
Freedom Financial Funds, LLC recently closed a $10,500,000 bridge loan that will be used to convert a non-operating hotel into a 115-unit apartment building. The project is located in the Seattle/Tacoma metroplex and was originated by Eric Shoemaker, Freedom’s Northwest Market Executive. This transaction was Freedom’s second loan to the sponsor, who opted to work…
Read More$6 Million Bridge Loan — San Diego, CA
Freedom Financial Funds completed a $6 million bridge loan on a leased and cash flowing parking lot in the Little Italy section of downtown San Diego. The 12-month loan is structured with two six-month extensions. The expected source of repayment will be from construction financing for a 33-story apartment tower. The site is fully entitled for the…
Read More$5,800,000 Bridge Loan In Inland Empire, Calif. Is 8th New Loan For Repeat Borrower
Freedom Financial Funds, LLC, through its subsidiary Freedom REIT, recently closed its 8th loan with a Los Angeles-based developer. The $5,800,000 loan provided acquisition financing for a 36,950 square foot industrial building in the Eastern Inland Empire area of Riverside County, California, that was just completed and leased. Freedom was able to structure an 87%…
Read MoreFreedom Financial Funds Closes $14M Loan in Upland, Calif.
Freedom Financial Funds recently closed a $14M loan to finance the construction of a Shell gas station with convenience store and car wash; a 10,725 square foot retail building located on an adjoining parcel that will house a new Starbucks with a drive-through and future tenants; and bridge financing for a land parcel leased to…
Read More$2,260,000 Construction Loan in Phoenix, Ariz. Is 16th New Loan for Repeat Borrower
Freedom Financial Funds, LLC, through its subsidiary Freedom REIT, recently closed its 16th loan with a Phoenix-based developer. The $2,260,000 loan provides 89% of cost financing for renovation and tenant improvements to an existing restaurant building in Central Phoenix. Due to the excellent track record of the developer, the well-located real estate, the solid operating…
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