Image by David Everett Strickler

NEWS

Keep up-to-date with all the news about Freedom.

 
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AS COVID WINDS DOWN, DEMAND FOR PRIVATE DEBT SURGES

November 22, 2021

When the pandemic began, no one knew for sure what the economic impact would be. Many worried that it would mean a repeat of the dark days of the 2008 credit crisis. And although a post-crisis period is usually a time when borrowers are defaulting, economists have observed that default rates have instead dropped sharply and swiftly.

The U.S. economy is already roaring back. After unprecedented stimulus spending, Congress has approved a $1.2 trillion infrastructure package that will further bolster economic recovery, touching everything from airports to roads to water systems.

Read More HERE

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FREEDOM FINANCIAL FUNDS PROVIDES $3,225,000 BUILD-TO-SUIT CONSTRUCTION LOAN IN PHOENIX, ARIZ

November 19, 2021

Freedom Financial Funds, LLC recently provided a $3,225,000 build-to-suit loan for a three-tenant project assembled by one of its long-time clients.

Tenant commitments helped to make the deal rock solid. Upon closing, Freedom Financial Funds will have executed leases from Black Rock Coffee and Salad and Go. The fund will also have an LOI for Express Car Wash. Based upon the executed leases and the LOI, the return on cost ratio is very strong at over a nine percent cap rate.

Read More HERE

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MORTGAGE REIT CREATES NEW OPPORTUNITIES WITH SCOTTSDALE EXPANSION

November 15, 2021

Seeing huge potential for growth in Arizona, Freedom Financial Funds, LLC has established operations in Scottsdale.


Describing the region as a “business-friendly environment with a can-do attitude,” CEO Michal Klein is heading up the fund’s Arizona operations.


Freedom Financial Funds is a premium alternative to local and regional banks, providing funding to savvy real estate professionals seeking capital for construction, rehabilitation, repositioning, conversion, or additions to properties in the Western United States.

Read More HERE

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FREEDOM CLOSES $1.8 M BRIDGE LOAN TO FINANCE ACQUISITION AND RENOVATION OF 49-UNIT APARTMENT IN KLAMATH FALLS, OREGON

November 11, 2021

As is the case with all cities in Oregon, Klamath Falls has an urban growth boundary (UGB), and the city is substantially built out. Population growth has been slow but steady since the UGB became law approximately 20 years ago. As a result, housing is in short supply in nearly every market in the state. Klamath Falls is no exception, with a housing vacancy rate of just 1.5 percent for all types and 2 percent for apartments.

Read More HERE

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STATE OF OREGON ANNOUNCES ANNUAL RENT INCREASE CAPPED AT 9.9%

October 29, 2021

In September, the State of Oregon’s Office of Economic Analysis (OEA) announced the maximum annual rent increase percentage allowed for 2022. Landlords may increase rents by as much as 9.9 percent.

Read More HERE

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FREEDOM FINANCIAL FUNDS, LLC PROVIDES $6.5M LOAN TO PURCHASE DEFAULTED NOTE

October 12, 2021

A long-time client asked Freedom Financial Funds to provide the capital necessary to acquire the 1st lien on a building it had previously purchased. The client wished to preserve the 2nd lien on the property due to its low interest rate and determined that the only way to accomplish that goal was to buy the 1st lien. 

Read More HERE

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FREEDOM FINANCIAL FUNDS HIRES RELATIONSHIP MANAGER ALLISON KLEIN TO DRIVE TEXAS MARKET EXPANSION

October 05, 2021

Freedom Financial Funds, LLC recently announced the addition of Relationship Manager Allison Klein to its distinguished team. Allison is spearheading the private real estate lender’s expansion into the Texas market.

Read More HERE

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MICHAEL IS GOING OVER THE EDGE FOR VETERANS!

September 27, 2021

Many of you may know that I have the honor of serving on the Board of Directors for Homes 4 Families, a not-for-profit organization that builds neighborhoods and affordable homes for lower-income veterans and their families to purchase, while also providing a myriad of supportive services. I am also the chair of our OVER THE EDGE (OTE) event, to be held on October 30, 2021, at the beautiful Hilton Universal City Hotel. OTE is one of our primary fundraising efforts and the proceeds will allow us to continue the timely construction of our 56-home community in Palmdale, CA.

Read More HERE

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AFFORDABLE HOUSING?

September 20, 2021

Today I read an article in the LABJ written by Hannan Madans (published on September 13, 2021) that there were nine affordable apartment complexes underway in LA. That’s great news but a closer look at the numbers shows a very real problem. Not only are nine projects a small drop in the bucket when compared to what is needed to supply housing to the tens of thousands on the streets in LA County, but the cost per unit is also a major problem. The average cost per unit exceeded $500,000. 

Read More HERE

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FREEDOM FUNDS $7,735,000 ACQUISITION LOAN

September 1, 2021

Our client needed to close a solid acquisition quickly and because he had borrowed from Freedom twice before he was confident that Freedom would give him a quick decision and execute swiftly. This is an example where relationships matter.

Read More HERE

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YOUR DONATION CAN HELP HOMES 4 FAMILIES RECEIVE UP TO $100,000

July 22, 2021

Freedom Financial Funds is dedicated to supporting Homes 4 Families, a non-profit organization dedicated to serving the needs of veterans and their families by providing permanent ownership housing.

Homes 4 Families recently announced a $100,000 Grant Challenge to help fund ongoing and future projects. Each dollar you give will be matched beginning July 19th at 9:00 AM. 

Read More HERE

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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.

Read More HERE

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THE BEST LENDER FOR YOUR DEAL IS RARELY THE CHEAPEST

July 8, 2021

With so many new lenders in the market, borrowers have more choices than in recent memory, but most borrowers are not taking full advantage of this opportunity. Most simply shop for the cheapest lender instead of shopping for the best lender for their transaction. This shopping pattern is fascinating because, on average, it does not match the rest of these borrower’s lives. Most borrowers seek to buy the best car, go to the best restaurants, shop for the best clothing or go on the best vacations. Yet, when it comes to borrowing, they focus on price, instead of value.

Read More HERE

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FREEDOM FINANCIAL FUNDS JOINS HOMES 4 FAMILIES IN HELPING VETERANS ACHIEVE THE AMERICAN DREAM

June 30, 2021

Freedom Financial Funds, LLC is showing its support for veterans by joining Homes 4 Families’ next fundraising adventure, Over the Edge for Veterans, on October 30, 2021. Costumes are encouraged for this Halloween-themed event to take place at Hilton Universal City, where participants will rappel down the Hilton tower and GoPro cameras will capture every moment of the action.

Read More HERE

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FREEDOM FINANCIAL FUNDS ADDS VALUE WITH $9.5 MILLION BRIDGE LOAN FOR A NORTHERN CALIFORNIA SHOPPING CENTER

June 15, 2021

A good client approached Freedom with an existing 98,000 square foot Safeway-anchored shopping center in escrow to purchase in a small Northern California town. The borrower was seeking financing for the acquisition and renovation of the 66% leased center. He also had a tenant in tow to take the vacant drug store space, after which the center would be 87% leased. 

Read More HERE

Financial District

FREEDOM FINANCIAL FUNDS CEO MICHAEL KLEIN AND PRINCIPAL STANLEY KAFKA RELEASE NEW BOOK — HOW TO MAKE SENSIBLE INVESTMENTS IN A SENSELESS ECONOMY

June 7, 2021

In response to COVID-19, one of the most startling and unpredictable events in living memory, investors and financial advisors alike are grappling with new questions about how to evaluate investment opportunities and mitigate risk while maximizing return on investment. 

Read More HERE

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June 4, 2021

With a mission of building resiliency, economic growth, neighborhoods and homes for veteran families, Homes 4 Families seeks to meet the significant need for affordable housing and no-cost services that equip veteran families to thrive in civilian life. Since the organization was founded in 2008, it has helped more than 386 low-income families achieve the American Dream of home ownership. Homes 4 Families works closely with the California Department of Veterans Affairs (CalVet), corporate sponsors and individual donors to make these dreams a reality.

Read more HERE

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LA-BASED DEBT FUND EXPANDS REAL ESTATE LENDING OPPORTUNITIES WITH PORTLAND OFFICE

April 20, 2021

Freedom Financial Funds (“Freedom”), a boutique middle market debt fund based in Calabasas, Calif., has expanded into the Pacific Northwest region. Preston Greene and Eric Shoemaker are leading operations in the Portland, Oregon, office.

Read More HERE

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FREEDOM FINANCIAL FUNDS CLOSES $8.78 MILLION BRIDGE LOAN ON GLENDALE, ARIZONA SHOPPING CENTER

April 9, 2021

Freedom Financial Funds recently closed a bridge loan for $8.78 million to fund the acquisition and repositioning of an 81,000 square foot neighborhood shopping center in Glendale, Arizona.

Read More HERE

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FREEDOM FINANCIAL FUNDS ANNOUNCES $4.62 MILLION LOAN TO RANCHO EMPIRE DEVELOPMENT, LLC

March 3, 2021

Freedom Financial Funds, LLC recently provided a $4,620,000 loan for 84 percent of the total cost of a new acquisition and development in Lake Elsinore, California by Rancho Empire Development, LLC

Read More HERE

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FREEDOM FINANCIAL FUNDS ANNOUNCES NEW $20,200,000 LOAN TO FORTIFY HOLDINGS, INC.

March 1, 2021

In February 2021, Freedom Financial Funds, LLC became a capital provider to Fortify Holdings, Inc. of Portland, Oregon, when it funded a $20,200,000 portfolio acquisition and redevelopment loan for three existing motels in Medford, Oregon.

Read More HERE

Financial District

FREEDOM FINANCIAL FUNDS - PROFESSIONALS WORKING WITH PROFESSIONALS

January 27, 2021

New Website Launch and More...Read HERE

66 SINGLE-FAMILY HOMES SUCCESSFULLY FINANCED

November 10, 2020

6 Phase SFR Residence Successfully Funded Over 3 Year Span

MICHAEL KLEIN & STAN KAFKA TO SPEAK AT IMN EVENT DECEMBER 8, 2020

November 20, 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