Kennedy Funding Closes $2 3 Million Loan for Mixed-Use Property in Dominican Republic prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Marijuana grower GTI, outgrowing Appleton St., wants to buy former Hampden Papers complex in Holyoke
Posted May 12, 2021
Facebook Share
HOLYOKE Marijuana grower and retailer GTI Green Thumb Industries is in the process of buying the Hampden Papers complex at 100 Water St., according to the city.
The company is outgrowing its location at 28 Appleton St., said Aaron Vega, director of Holyoke’s Office of Planning and Economic Development. The company, which also does business in Holyoke under the brand name Rise, has a state license to grow cannabis in as much as 100,000 square feet, but only uses 30,000 square feet of space now at its Appleton Street facility.
Share this article
Share this article
ENGLEWOOD CLIFFS, N.J., May 11, 2021 /PRNewswire/ Kennedy Funding (kennedyfunding.com), one of the leading direct private lenders in the United States, announced today that it has closed a $1.3 million loan to Hampden Papers, Inc.
Proceeds from the bridge loan will be used as working capital for the borrower s property, located at 100 Water Street in Holyoke, Massachusetts. Funds will be used to complete payments due for Hampden Paper s prior business operations; the business was sold to a Louisville, Kentucky-based company in 2020. Proceeds will also be used toward the continued costs to maintain the 5.611-acre property, which is zoned for industrial use.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Kennedy Funding Closes $2.64 Million Land Loan for Farming Business Expansion in Brazil
April 6, 2021 GMT
ENGLEWOOD CLIFFS, N.J., April 6, 2021 /PRNewswire/ Kennedy Funding has once again closed an international land loan during challenging economic and geopolitical times.
The Englewood Cliffs, New Jersey-based direct private lender announced today that it has closed a $2.64 million agricultural land loan to Scariot Agro Business, LLC. Loan proceeds will be used as working capital to grow the company’s farming business on a 78.775-acre tract near downtown, Camaçari, Brazil.
Kennedy Funding Closes Loan Toward Transformative Albany, N Y Mixed-Use Project apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.