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Kennedy Funding Closes $3 Million Land Loan in St Barth s
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East Side housing, retail and office development may be moving ahead with new loan for quiet zone
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East Side development Essex Modern City moving forward after receiving loan
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Kennedy Funding Closes $3 456 Million Land Loan for Texas Mixed-Use Development
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ENGLEWOOD CLIFFS, N.J., May 25, 2021 /PRNewswire/ An investment group in the Dominican Republic has turned to Kennedy Funding to secure a loan for their beachfront property on the country s northern coast.
The Englewood Cliffs, New Jersey-based direct private lender closed a $2.3 million loan to Atlantic Ocean Partners, LLC, for a 60.48-acre tract on Playa Diamante, in the province of Maria Trinidad Sanchez. Loan proceeds will be used for debt payoff and working capital. Atlantic Ocean Partners came to Kennedy because they know firsthand that we have the knowledge, experience, and track record to close the deal, said Kevin Wolfer, CEO, Kennedy Funding. We take great pride in knowing that our firm has garnered a worldwide reputation for closing loans when traditional lenders cannot.