Why is Kennedy Funding Financial America’s largest bridge loan lender? Our unmatched experience enables us to help you realize your vision. We start by understanding your unique situation and then…Continue
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Kennedy Funding, an Englewood Cliffs, New Jersey-based global direct private lender, today announced that it has closed a $1.35 million loan to Boynton Beach, Florida-based Suncoast Boynton Realty, LLC. The short-term loan was funded at an 8% interest rate. The borrower will use the loan proceeds for working capital for a 12-unit apartment building in the rapidly-growing coastal…Continue
Hope your new year is off to a good start!
We have just closed a $3,000,000 loan to Tacoma, Washington based TCC RE Holdings, LLC. The borrower will use the loan proceeds to pay off existing debt and for working capital. The loan was secured by a four-building, 81,000 square foot religious facility located in Tacoma’s McKinley neighborhood, ranked by Forbes as the 10th- fastest growing American city in 2018.
Please contact me if you have a new loan…Continue
Hope all is well and you enjoyed your Thanksgiving!
We have recently closed a $3,200,000 loan to a leading Maryland engineering firm. The loan was made to Reynolds Estates, LLC a firm related to the borrowing entity specializing in accident investigation, failure investigation and safety management. The loan is secured by a 46,053 sq. ft. building situated on 4.05 acres consisting of office space, laboratories, and storage space. The property is in Stevensville, Maryland…Continue
We have closed a $2,400,000 loan to Gaddis Custom Building, LLC, a developer in Casper, Wyoming. The borrower will use the proceeds of the loan to refinance their existing note and to fund the infrastructure for 45 residential lots on a 220+ acre development, a subdivision of Casper’s Heritage Hills housing development.
If you have questions about this project or a new financing request please feel free to contact me to discuss further.