Posts by alex@bigchiefcreative.com
Michael Klein, Ceo Of Freedom Speaks On Dailyalts Strategic Investor Podcast
Michael Klein, CEO of Freedom Financial Funds, explains how they provide debt and equity funding for Real Estate funding. Raising capital from investors, FFF provides First Trust Deed loans for 12-18 months for bridge, build to suit, construction projects by Real Estate professionals. In a world of low yield, any investor looking for cash flow…
Read MoreFreedom Financial Funds’ Year End Results Point To A Bright 2022
The close of 2021 signaled the completion of 12 years without a single loss for the leaders of Freedom Financial Funds, LLC. The firm’s investor yield for 2021 was 7.93%, with no problem loans in its portfolio. According to Freedom Financial Funds Principal and CEO Michael Klein, as a unleveraged REIT Freedom’s tax equivalent yield to…
Read MoreTheoretical Supply Is Not The Solution To Portland’s Housing Deficit
Portland’s housing crisis is nothing new, and it isn’t just a local phenomenon. Since the turn of the millennium, the number of housing units built across the nation totaled 1.2 million annually, down from 1.5 million annually before 2000. Before the Great Recession, Portland was already well behind on housing stock and unable to satisfy…
Read MoreAs Covid Winds Down, Demand For Private Debt Surges
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…
Read MoreFreedom Financial Funds Provides $3,225,000 Build-to-suit Construction Loan In Phoenix, Ariz.
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…
Read MoreMortgage Reit Creates New Opportunities With Scottsdale Expansion
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…
Read MoreFreedom Closes 1.8m Bridge Loan To Finance Acquisition And Renovation Of 49 Unit Apartment Complex In Klamath Falls, Oregon
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…
Read MoreState Of Oregon Announces Annual Rent Increase Capped At 9.9%
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. During the 2019 legislative session, lawmakers passed SB 608 as an emergency rent control measure. The law requires Oregon’s Department of Administrative Services to…
Read MoreFreedom Financial Funds, LLC Provides $6.5m Loan To Purchase Defaulted Note
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…
Read MoreMichael Is Going Over The Edge For Veterans!
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…
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