AARD Launches Two New Companies

DENVER-Denver-based Across America Real Estate Corp., which provides 100% financing for rapid retail real estate development, in a Securities & Exchange Commission document says it is forming two wholly owned subsidiaries. To enhance its business strategy and to facilitate developer partner transactions, the company is launching Across America Real Estate Exchange Inc. and Across America Financial Services Inc.

“Across America Real Estate Exchange was created to assist in the disposition of our properties and third party properties through tenant in common transactions or through Section 1031 tax-free exchanges.” says Alex Lagerborg president and CEO. “With Across America Real Estate Exchange we plan on assisting our developer partners by providing a platform to sell our developed retail properties while also creating a marketplace for outside professionals.”

Lagerborg says Across America Financial Services will “concentrate on commercial real estate loan brokerage,” and will help clients purchase single-pad or small-box retail developments. “With Across America Financial Services we plan to assist in offering potential buyers the financing capability to purchase our completed retail developments,” he says. “We believe that the growth of the retail market is outstanding right now, and we can better sere this market through lending to make purchasing of our properties more viable.”