FREEDOM FINANCIAL FUNDS, LLC LENDS $1.2 MILLION TO DYNAMIC REAL ESTATE PARTNERS
July 13, 2021
Freedom Financial Funds, LLC recently closed its 30th loan with an entity controlled by Dynamic Real Estate Partners. Dynamic Real Estate Partners is a highly successful development and design-build firm headquartered in Los Angeles, California.
The $1.2 million loan provides 100% of the cost financing for the acquisition and improvement of a parcel of land in Manhattan, Kansas. The parcel has been ground leased to Casey’s Retail Company, an Iowa-based competitor of 7-Eleven and Circle K. Casey’s is well known in the center part of the country, with more than 2,300 stores in the Midwest. It is the 4th largest convenience store chain and the 5th largest pizza chain in the U.S. Casey’s is listed on the NASDAQ (CASY).
The principals of Freedom and Dynamic have built a strong relationship based upon mutual trust, the ability to execute in a timely manner and a history of collaborating through the many issues that arise with a high volume of transactions.
Dynamic’s Chief Financial Officer, David Lich, reports, “From application to funding, this transaction was a seamless, timely process. With Freedom, it’s more than simply a one-off lending transaction; Freedom works with us as an advisor to structure financing to best meet our needs and goals.”
About Dynamic Real Estate Partners
With over 50 years of experience in retail and multi-family development, Dynamic Real Estate Partners and its first-generation predecessor have developed over 1,500 projects totaling 7,500,000 square feet of space. Its in-house, multi-disciplined team includes architecture, engineering and construction to custom design, entitle and build or reposition real estate projects.