A commercial real estate firm has renewed its lease in Englewood Cliffs, where it occupies nearly 3,100 square feet, in one of two newly announced deals by NAI James E. Hanson.
Kennedy Funding has closed a $1 million bridge loan for a single-family residential development in southern Delaware, the Englewood Cliffs-based firm announced Monday.
We typically lend on construction and distressed assets up to $150MM. We have a strong sense of complicated construction projects and work with clients to navigate subsidy programs and value engineering.
The long-running 100 Mile Fund managed by Procida Funding LLC achieved net income in 2022 of $11.6 million, the firm announced, representing a net return to investors of 9.5 percent.
A business management firm is expanding to New Jersey with the completion of a nearly 900-square-foot lease in Englewood Cliffs, under a deal arranged by NAI James E. Hanson.
Procida Funding & Advisors has named three new principals alongside its founder, helping to cement the future of the Englewood Cliffs-based lender and financial services firm.
A fund led by real estate industry veteran Billy Procida has doubled in size to $200 million, in a move that comes as it marks more than $1 billion in originations since its founding in 2011.
Kennedy Funding has closed a $3.6 million land loan in connection with a proposed mixed-use development in Southern California, the Englewood Cliffs-based lender announced.
