IRVINE, Calif.–(BUSINESS WIRE)–May 2, 2024–
1031 Crowdfunding (1031 CF), a real estate investing platform and leading sponsor of Delaware Statutory Trusts (DSTs) concentrated in the senior housing sector, is proud to announce their launch of 1031CF Bridge Fund III, a finance fund with a value add component that targets commercial real estate assets in the senior living space. 1031 CF’s experience in sponsoring 14 real estate programs and managing 15 senior housing facilities makes the company well-equipped to pursue opportunistic acquisitions.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240502902899/en/
Bridge Fund III Properties (Photo: Business Wire)
Bridge Fund III represents a strategic move by 1031 Crowdfunding to capitalize on the growing demand for assisted living and memory-care facilities to accommodate the aging population nationwide. Leveraging its expertise in identifying undervalued assets, the fund aims to generate attractive returns for investors while positively impacting communities.
“We are excited to introduce Bridge Fund III as part of our ongoing effort to deliver value and growth opportunities to our investors,” said Edward Fernandez, President and CEO of 1031 Crowdfunding. “The senior housing asset class presents unique opportunities to address the increasing demand for these facilities as the Baby Boomer generation, the second largest in the U.S., continues to age.”
Bridge Fund III will focus on financing value-add, undercapitalized, or otherwise underperforming commercial real estate assets in the senior housing space, and to bridge such assets to their potential through efficient management, improved leasing and occupancy rates, revenue enhancing expenditures, and cost controls.
“As the senior housing market continues to evolve, we are committed to delivering exceptional investment opportunities while making a positive impact on the communities we serve,” added Fernandez.
For more information about Bridge Fund III and 1031 Crowdfunding, please visit 1031Crowdfunding.com or call at (844) 533-1031.
About 1031 Crowdfunding
1031 Crowdfunding is a leading real estate investment platform for 1031 exchanges and alternative investment vehicles focused on tax deferral. Their team of real estate experts are ready to assist with your investments. With the largest inventory of DSTs and over 1800 exchange transactions completed, 1031 Crowdfunding has been voted the #1 Real Estate Crowdfunding Platform for 1031 exchanges by the Real Estate Crowdfunding Review.
View source version on businesswire.com:https://www.businesswire.com/news/home/20240502902899/en/
CONTACT: John Hanlon
Gregory FCA for 1031 Crowdfunding
(609) 457-3049
1031crowdfunding@gregoryfca.com
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: ARCHITECTURE RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY BUILDING SYSTEMS REIT
SOURCE: 1031 Crowdfunding
Copyright Business Wire 2024.
PUB: 05/02/2024 09:30 AM/DISC: 05/02/2024 09:30 AM
