Future Academic Resource Results in Education (“FARR Ed”) was established in 2017 with the mission of improving education opportunities for charter school students in New Jersey, New York and Pennsylvania. The company's formation is the result of years of focus and involvement on improving education opportunities for students. We believe charter schools should be one of the options certain communities should have for their children’s education. We do realize however, that charter schools do not have the same access to funding as public schools, particularly when it comes to paying for facilities. FARR Ed wants to bridge that gap.
FARR Ed seeks to achieve its mission by participating in the financing of facilities for charter schools who are looking to build new or renovate existing facilities to meet enrollment needs. With $10 million in committed equity capital and over $4.25 million in loans written since formation, our goal is to build a diversified portfolio of first mortgage, subordinate note or equity positions in a variety of properties and elevate the standard for education in our area.
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