1031 Crowdfunding Announces Launch of Bridge Fund III
May 02 2024 - 9:30AM
Business Wire
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.
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Bridge Fund III Properties (Photo:
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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.
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John Hanlon Gregory FCA for 1031 Crowdfunding (609) 457-3049
1031crowdfunding@gregoryfca.com