Jeffrey Silver's Blog – October 2017 Archive (1)

Kennedy Funding Closes Another Land Loan in Jamaica

We have recently closed a $2,090,000 loan on a 570 acre oceanfront property on Jamaica’s northern coast near Discovery Bay. The loan proceeds were used to acquire the site. The borrower plans to develop the property into a mixed use development. This being Kennedy Funding’s second loan closing in Jamaica (this year) we were familiar with the lending process as well as the complications that can present themselves by loan…

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Added by Jeffrey Silver on October 16, 2017 at 7:55am — No Comments