Saginaw-Shiawassee Receives Largest One-Time Donation in its 35 Year History

Received a donation of 28.79 acres of land from David Friedman and Stan Finsilver.

Saginaw-Shiawassee Habitat for Humanity, a 501c3 not for profit organization for the worldwide elimination of substandard housing, announced today that it has received a donation of 28.79 acres of land from David Friedman and Stan Finsilver. The combined value marks the largest one-time donation ever received by the Saginaw-Shiawassee Habitat for Humanity. The land is comprised of two parcels, the first (13.82 acres) located off Bay Road and the second (14.97 acres) located off Trautner Road in Saginaw, Michigan.

Property owners David Friedman — Co-founder, Executive Managing Director, President & CEO of Friedman Real Estate and Stan Finsilver, retired Co-founder of Friedman Real Estate entered into an agreement to donate the land to Saginaw-Shiawassee Habitat for Humanity, securing the sites for the non-profit organization. Friedman and Finsilver had owned the land since the 1990s. Friedman additionally owned the adjacent shopping center off Bay Road and several adjacent land sites next to the Trautner Road site. “Understanding that the biggest impediment to constructing affordable housing is the amount of capital needed to acquire land, we could not think of a better way to give back and support a community that has supported Friedman Real Estate throughout the years,” said David Friedman.

Carmen Mora, Executive Director of Saginaw-Shiawassee Habitat for Humanity, said, “We are grateful for the magnitude of this donation and what it means for the future of our program. We are most appreciative of Mr. Friedman and Mr. Finsilver’s recognition of the need to continue building affordable homes. Their generous donation will benefit those in need of improved housing in our area for the foreseeable future. A donation of real estate may provide a location for our next build or provide an asset that can be sold for cash to fund our next land purchase,” Mora continued.

Since 1987, Saginaw-Shiawassee Habitat for Humanity has helped over 959 extremely low- to low-income families representing over 2,397 individuals build strength, stability, and independence. This includes building or renovating 239 houses that have been sold to asset-limited, income-constrained families, and repairing over 600 owner-occupied houses through its Home Repair services, as well as serving hundreds of families through Housing Counseling.

About Saginaw-Shiawassee Habitat for Humanity

Saginaw-Shiawassee Habitat for Humanity is an affiliate of Habitat for Humanity International, a nonprofit ecumenical Christian housing ministry providing decent, safe, and affordable housing to low- and modest-income families in Saginaw and Shiawassee counties. Financial support, gift-in-kind donations, and volunteer labor allow Habitat for Humanity to build or renovate affordable homes with those in need of improved housing. For more information, to donate or volunteer, please visit sshfh.org, call 989.753.5200 x 207 or follow us on Facebook.

About Friedman Real Estate
As one of the largest privately held full-service commercial real estate organizations in the nation, Friedman Real Estate provides clients with a single point of contact for the full range of Advisory, Property Management, Multi-Family, Brokerage and Construction services that it offers. Friedman manages more than 140 commercial properties encompassing more than 15M SF and more than 13,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $20 billion in closed transactions. As owners and managers of commercial property for over 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives. Additional information is available at friedmanrealestate.com and on LinkedInFacebookInstagramYouTube, and Twitter.

About Habitat for Humanity International
Habitat for Humanity International is a global nonprofit Christian housing organization that seeks to put God’s love into action by bringing people together to build homes, communities and hope. Since 1976, Habitat has served families by welcoming people of all races, religions and nationalities to construct, rehabilitate or preserve homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions. For more information, to donate or to volunteer, please visit habitat.org, or follow us at Facebook or at Twitter or join Habitat’s blog community at habitat.org/blog.