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Crosspointe Church: Triumph in Transformation - A Journey of Acquisition, Savings, and Community Impact

From Growth to Greatness - Navigating a Multifaceted Expansion

Discover the extraordinary narrative of Crosspointe Church in Anaheim, California, a vibrant community that prides itself as a place for authentic connections, tough questions, and impactful service. Senior Pastor Brian Moore, steering the church through remarkable growth since 2006, recently enlisted the expertise of Ministry Solutions Group for a multifaceted project. Facing the need for a larger space, Crosspointe aimed to purchase an existing broadcast campus, restructure existing debt, and explore a church merger opportunity. Ministry Solutions played a pivotal role, facilitating the acquisition of a $13M property for $10M and securing substantial savings through debt refinancing. As COVID added complexity, Ministry Solutions Group navigated the financial negotiations with banks, providing Crosspointe Church with multiple competitive loan options. Now, Crosspointe not only boasts a strengthened financial foundation but also envisions acquiring another property at a significant discount, expanding its reach and community impact. The journey, marked by faith, financial acumen, and collaborative partnership, signals that for Crosspointe Church, the best is indeed yet to come.
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Opportunity

Brian Moore, Senior Pastor of Crosspointe Church, recently hired Ministry Solutions to help walk their church through the purchase of an existing broadcast campus, restructuring of existing debt, and the evaluation an additional church merger opportunity. When Brian became pastor in 2006 the church had 70 members and today Crosspointe has over 1,200 visitors each weekend! This tremendous growth contributed to their need for a larger space. 

In 2016, Crosspointe entered into a Lease Purchase Agreement on a ~45,000SF building in Anaheim, CA. In 2021, they wanted to exercise the option to purchase, but the seller refused to sell. Over that year, Ministry Solutions worked with Crosspointe to help them acquire the property, which resulted in Crosspointe paying $10M for a single tenant retail building that appraised at $13M.

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Not only did Crosspointe acquire an asset at seventy five cents on the dollar, but they also saved a substantial amount of money between the refinance of the existing debt and the conversion of the lease into long term, low interest debt. Compared to the lease payment, their interest expense on the debt will now create several hundred thousands of dollars per year in savings and the principal payments contribute to the building equity. 

While all of this was happening, another church merger opportunity was presented for the church to grow in an area where there was an existing base. There is currently a plan and structure for Crosspointe to move forward in acquiring another property at cents on the dollar, while also ministering to a new community, and with a campus that is self-sufficient financially day one. 

Ministry Solutions

As Crosspointe Church was navigating their new building projects, COVID happened, which caused banks to be more timid with lending to large church projects. Brian Moore shared that as he was praying and processing through the situation with a trusted friend and client of Ministry Solutions, he was introduced to the Ministry Solutions team and encouraged to reach out for support.

Prior to partnering with Ministry Solutions, Brian had tried for two years to work with the banks on his own in order to secure a loan without success.

Ministry Solutions took over all the financial negotiations with the banks so that Brian could be freed up to return to his role as a full-time pastor and fulfill what God was calling him to in that season.
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The Outcome

We are thankful for the opportunity to partner with Parkview Christian Church and are thrilled that this refinance allows them to redeploy capital into their ministry and further along their mission, to find the lost one.

Ministry Solutions has been able to refinance and restructure debt for churches all over the country. Our projects have resulted in more than $700,000,000 in funding and millions of dollars in savings now being redirected into ministry. We would love the opportunity to uncover savings for your church. Our heart is to protect your purpose and take the financial burden off your shoulders in order to create ministry capacity for you and your team. 

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"I was blown away because before working with Ministry Solutions, I would go to the bank meetings attempting to pitch them on why they should choose us, but with Ministry Solutions, the banks were pitching us on why we should choose them!"

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Brian Moore

Senior Pastor, Crosspoint Case

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