Kennedy Funding closes land loan in Casper Wyoming

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.

 

About Kennedy Funding

Kennedy Funding is a nationwide direct private lender specializing in bridge loans for commercial property and land acquisition, development, workouts, bankruptcies, and foreclosures. Kennedy Funding has closed more than $3.2 billion in loans to date. Our creative financing expertise enables the closing of loans of up to 75% loan-to-value, from $1 million to over $50 million, in as little as five days. For more information, visit www.KennedyFunding.com

Jeffrey Silver

201-342-8500

Jeffsilver@kennedyfunding.com

 

Views: 23

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