Christopher Walker, a partner with BMD, is currently representing the Invest in America's Veterans Foundation, an organization that strives to provide a "head start" for veterans that involves the least amount of "red tape" possible. With a strong background in corporate and real estate transactions, Walker has been able to assist the foundation with the recent purchase of an apartment building, which will be used for low-income veteran housing.
LYND has expanded its Veteran program with the purchase of Chesterfield, Silas Creek, Twin City, and Whispering Pines. This $60 million portfolio consists of 1,125-units and are located in North and South Carolina. States with a high number of homeless veterans in need. With this latest addition, the Invest in America’s Veterans Foundation (IAVF) has a total of six communities, and is established in four states: Florida, Louisiana, North Carolina, and South Carolina. Each community is designed to house a Veterans Headquarters with a Veterans Service Officer who will support the needs of the foundation’s participants. LYND is enthusiastic about the expansion of this program and the benefits it brings to America’s Veterans.
Founded in 2008 by Ralph A. Santillo, IAVF is a non-profit organization that serves America’s Veterans by offering assistance through their journey back to civilian life. Their services include job placement assistance, DD-214 retrieval, counseling services, suicide prevention, food assistance, and housing assistance for homeless Veterans. Ralph, an Army Veteran himself, knows the difficulties many servicemen and servicewomen face when integrating back into civilian life. Last year alone, IAVF assisted 752 Veterans. Over the last 8 years, Ralph estimates over 5,000 Veterans have benefitted by using the services offered by IVAF.
When asked about the program’s goals, Ralph said, “It’s our goal for at least 20% of all units in each community to house Veterans. We took over these communities a few weeks ago and we are already helping Veterans find housing.” While Veterans are grateful for the variety of services offered by IAVF, access to housing has been the most important resource offered by the program. Ralph states, “What these Veterans are most grateful for is having a roof over their heads.”
So far, the foundation has purchased over 2,400 units in Florida, Louisiana, North Carolina, and South Carolina. IAVF and LYND were able to secure nearly $30 million in revenue bonds for Mission Springs, the latest purchase in Florida. The goal is to further expand the program across the country. IAVF and LYND’s plan, according to David Lynd, CEO of Lynd Opportunity Partners, is to purchase $400 to $500 million in properties per year in Chicago, Las Vegas, Texas, and other locations across the United States. Ralph Santillo is excited about what the future will bring to his organization through this long-term project. LYND is proud to manage the assets of an organization that provides housing to our American Veterans.