Kennedy Funding has relocated its headquarters to 267 South Dean St. in Englewood. — Courtesy: Kennedy Funding
By Joshua Burd
Kennedy Funding, the longtime direct private lender, has moved to a new and expanded headquarters in Bergen County as it prepares for additional growth.
Previously based in Englewood Cliffs, the firm now occupies its own freestanding building at 267 South Dean St. in Englewood. The move comes just as Kennedy Funding surpasses $4 billion in closed loans.
“Relocating to our own building represents a new era of expansion for Kennedy Funding,” CEO and President Kevin Wolfer said. “It is the culmination of over 35 years of hard work, growth and success. Since Kennedy Funding opened its doors in 1987, we’ve worked hard to build a reputation as one of the fastest, responsive direct private lenders in the United States.”
Kennedy Funding, which touts its ability to close quickly and tackle deals that traditional lenders typically pass on, provides everything from acquisition and construction financing to land loans, workouts and services for bankruptcies and foreclosures. The firm has also found a niche with international clients, lending in countries throughout the Caribbean and Central and South America, among others.
“The complexities of international lending make this sector an impossible one for lenders to navigate, but over the years, we’ve developed the right relationships to help borrowers secure the funding they need for lucrative opportunities overseas,” Wolfer said. “Kennedy Funding is truly singular in that regard, and that shows in our track record abroad, which is the longest and most robust of any U.S.-based direct private lender.”