Posts by dsutoyo
$3,100,000 Construction Loan in Goodyear, Ariz. Is 15th New Loan for Repeat Borrower
Freedom Financial Funds, LLC, through its subsidiary Freedom REIT, recently closed its 15th loan with a Phoenix-based developer. The $3,100,000 loan provides 90% of cost financing to construct two quick-service restaurants in Goodyear, Arizona. Because of the excellent track record of the developer, the well-located real estate and highly profitable business plan, Freedom was able…
Read More$5,000,000 Bridge Loan in Westwood Village Area of Los Angeles Is 13th New Loan for Repeat Borrower
Freedom Financial Funds, LLC, through its subsidiary Freedom REIT, recently closed its 13th loan with a Los Angeles-based developer. The $5,000,000 loan provides general working capital for the developer and is secured by a junior lien on a prominent office building with two institutional-grade tenants. Because of the excellent track record of the developer, the…
Read MoreMichael Klein & Stan Kafka to Speak at IMN Event December 8, 2020
CEO Michael Klein speaking at 11:35 am EST Principal Stan will be speaking at 4:30 pm EST Michael and Stan will also be holding court at a Round Table discussion at 1:00 pm EST and 4:05 pm EST https://www.imn.org/virtual-events/conference/Real-Estate-Private-Equity-Funds-Virtual/Register.html
Read More$2.6M Bridge Loan Approved for Industrial Building in Ontario, Calif.
Freedom Financial Funds funded a $2.6 million loan for the acquisition of a leased 24,700 square foot industrial building in Ontario, California, located just south of the Ontario airport and north of the 60 freeway. The loan totaled 58.8% of the acquisition cost of the property. The subject building was an owner/user building until the owner sold…
Read More$3,150,000 Bridge Loan in Los Angeles, CA
Freedom funded a $3.15 million bridge loan on an unencumbered property in the final build-out phase and approximately 90 days prior to the project’s completion. Tenant improvements were being made so that lessee AutoZone could take occupancy. The subject property is a 10,000 square foot building in Los Angeles. The lease with Auto Zone is…
Read More$2,160K Build To Suite Loan For A New 7-Eleven In Murrieta, California
Freedom Financial Funds recently closed a $2,160K build to suit loan for a new 7-Eleven with fuel, to be built in Murrieta, California. The project is being developed by RDP Lemon, LLC. This is the fourth loan that Freedom has done with this client. This loan financed the acquisition of the site and the work…
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