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 transactions in foreign countries and were able to navigate through those complications.

 

Please contact me with any questions or if you would like to discuss a new loan request.

Jeffrey Silver

201-342-8500

Views: 25

Comment

You need to be a member of Real Estate Finance to add comments!

Join Real Estate Finance

© 2021   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service