Clearinghouse CDFI (CCDFI) provided a $7,595,866 loan to TBRE 311 Winnacunnet Road NH, LLC. This financing impacts youth development by ensuring the continued operation and expansion of The RIM Sports Complex in Hampton, New Hampshire.
The RIM Sports Complex fosters the “Complete Athlete” through a holistic focus on academics, nutrition, and continuous elite athletic training. However, operational challenges and potential stagnation threaten to hinder the positive role of local youth sports among young participants. Financing provided by CCDFI secures a vital community asset providing turf athletic fields, basketball courts, and physical therapy spaces.
TBRE 311 Winnacunnet Road is a real estate holding entity allied with 3 Step Sports, a prominent leader in developing high school athletes and facilitating their transition to college sports. 3 Step Sports, known for its prestigious events like the Blue-Grey All-American Bowl, utilizes a vast network of educational and sports professionals to help athletes navigate successful paths to collegiate programs, operating extensively across the United States and significantly influencing the youth sports sector.
Read the full story here: Just Funded – The RIM Sports Complex