1031 CF Properties, a leading sponsor in senior housing investments, announced today that it has fully paid all accrued interest due to investors in its 1031CF Bridge Fund III offering as of April 30, 2025. This includes the catch-up of the 8% preferred return, resulting in a double distribution for investors this month and bringing their total interest payments to the quoted 15% annualized yield.
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The firm’s ability to meet these obligations ahead of expectations reflects the successful execution and value creation within the Fund’s portfolio, particularly at the following properties within the portfolio: Cariad North Brook, Wayman Place and Dorset Place Community.
Located in a high-growth enclave of the Dallas metro, Cariad North Brook was acquired from an investment group with limited exposure to assisted living, seeking a swift exit. Through active asset management, modest capital improvements, and occupancy recovery, the property reached stabilization ahead of schedule and the Sponsor believes it is poised for continued growth.
In Orlando, Florida, the Wayman Place community was purchased from Fannie Mae and has undergone a complete transformation. After facing high expenses and low occupancy, the asset now benefits from extensive renovations, new management, and deep community engagement—resulting in significant operational improvement and restored financial performance.
Dorset Place Community, located in Oklahoma City, was also purchased from Fannie Mae through our partnership with Cima Investment Group (Cima). The Cima team reduced expenses, performed light renovations, and sold the facility to the Oklahoma City Housing Authority (OCHA) for a profit. OCHA will provide affordable housing for veterans and continue caring for the senior population through public service.
“With these turnarounds complete and our performance goals for 1031CF Bridge Fund III realized, we’re proud to transition Cariad at North Brook and Wayman Place into DST 11 and offer the next phase of potential upside to future investors,” said Edward Fernandez, President and CEO of 1031 Crowdfunding.
About 1031 CF Properties
1031 CF Properties is a leading sponsor in senior housing Delaware Statutory Trusts (DSTs). We specialize in the acquisition and management of assisted living and memory care facilities throughout the US and our expertise allows us to tailor our investments to drive value to investors and partners. With a wealth of experience, including successfully launching and managing 14 sponsored real estate programs, the company is well-equipped to expand its offerings and address market demands for diversified investment opportunities within the senior housing asset class.
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Contacts
Lily Schlosky
610-860-2103
lily@gregoryfca.com
