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| Sandy Lehmkuhler |
SAN DIEGO, CA – Freedom Station USA, a nonprofit
organization, announced it has purchased a 12-unit housing facility and
recovery support center for injured warriors.
The local offices of
HFF (Holliday Fenoglio Fowler, L.P.) donated commercial real estate services to
assist Freedom Station with acquiring the property, which provides a
much-needed transitional environment that warriors often lack as they return to
life outside of the military.
Freedom Station originally leased and opened the 12-unit
housing complex, also named Freedom Station, in May 2010. With the
purchase, Freedom Station can continue its mission of helping injured warriors
successfully make the transition from military to civilian life for a long time
to come.
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| Bryan J. Clark |
“As evidenced by
Freedom Station ‘graduates’ and success stories, the existence of a supportive
transitional environment for our military men and women can make all the
difference as they begin a new journey outside the service,” said Sandy
Lehmkuhler, founder and president of Freedom Station.
“With this purchase, we can continue to meet the needs of
our military heroes and ensure their successful transition to self-sufficient,
productive and contributing members of society. It is our hope to eventually
and open additional facilities in the San Diego area.”
Located near Naval
Medical Center San Diego, one of the nation’s largest military hospitals,
Freedom Station creates a transitional period for acclimating to civilian life
while awaiting retirement/discharge from their respective branch of service.
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| Naval Medical Center San Diego, CA |
While living at
Freedom Station, residents continue to receive medical treatment at the
hospital while preparing for new challenges in the civilian world, ranging from
job searches and college entry to monthly budgeting and home buying.
In keeping with
HFF’s commitment to positively impact communities by contributing time, energy
and skills to various community service projects throughout the year, HFF
Associate Director Bryan Clark donated commercial mortgage financing and
consulting services to the local nonprofit organization.
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| Warrier Foundation Volunteers |
Working exclusively on behalf of the borrower, Freedom
Station, HFF placed the loan with a commercial bank. Loan proceeds were used to
finance the acquisition of the 12-unit property known as Freedom Station in San
Diego.
“I have the greatest respect and appreciation for what these
heroes have done for our country and the sacrifices they each have made,” said
Clark.
“It has always been their dream to purchase their current
facility to ensure the long-term viability of the foundation, and when we
learned that they had less than forty-five days to acquire the property or it
would be sold to another buyer, we were compelled to act.
“The transaction posed several unique challenges, but
failure was not an option. HFF is truly honored to have been part of the
process.”
Contact:
Kristen M. Murphy
Associate Director
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3500 | cel 617.543.4873 | fax 713.527.8725 |
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