Freedom Financial Funds CEO Michael Klein is Going Over the Edge for Veterans

August 30, 2022

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…

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What’s Constraining CRE Lenders?

August 29, 2022

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…

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Freedom Financial Funds Closes Ninth Loan Transaction With Client

August 23, 2022

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.…

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Copy-Paste Error Leads To Homebuyer Getting Whole Neighborhood

August 15, 2022

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…

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Home Builder Price Reductions Over Last Three Months

August 12, 2022

John Burns is a highly regarded aggregator of insightful and timely data on the Housing industry. On a cautionary note, the industry is a million zip codes and activity can be uneven within different markets. The market has clearly “hit a wall” with no relief in sight anytime soon although prices will rebound at some…

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Freedom Loans $14 MM For Multi-Tenant Project In Southern California’s Inland Empire

August 9, 2022

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,…

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Why Is Housing So Expensive?

July 28, 2022

This podcast should be required listening for all of us involved in the housing sector. While perhaps counterintuitive, could well-intended state, municipal, and local progressivism be at the heart of our current “housing crisis”? The five states with the highest rates of homelessness (and the biggest affordability problems) are CA, OR, WA, HI, and NY. Major…

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Freedom Closes $10.5 MM Bridge Loan In Seattle/Tacoma Metro

July 23, 2022

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…

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Are We There Yet?

June 23, 2022

Article via Gavekal Research As young parents, my wife and I would bundle our four children into the car for a nine hour drive to my parents’ house in southern France. Mere minutes after starting on the road, at least one child would ask a question that the others would often repeat throughout the journey: “Are…

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Is Housing Ready For A Price Adjustment?

June 7, 2022

Homeowners may be feeling rather well off but fast price runups in the past have led to fairly painful decreases when market enthusiasm wanes. John Wake, a Phoenix based real estate analyst shared the information below (Find John on Substack HERE). Yikes!The U.S. Real Mortgage Payment Price is now higher than at the peak of the…

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