Procida Funding & Advisors

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.

Procida’s 100 Mile Fund achieves 2022 net income of $11.6 million, 9.5 percent return

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.

Katz & Associates promotes New Jersey-based broker to vice president

Katz & Associates has announced a series of promotions to start the year, including one in the brokerage firm’s home office in Englewood Cliffs.

JRM serving as general contractor for Ferrari North America renovations in Englewood Cliffs

Ferrari North America has tapped JRM Construction Management as its general contractor for an overhaul of its longtime facility in Englewood Cliffs.

Brooklyn firm expands, takes 900 sq. ft. in Englewood Cliffs, NAI Hanson says

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 names three new partners, ensuring next generation of leadership

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.

Procida’s 100 Mile Fund grows to $200 million, cracks $1 billion in originations

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 inks $3.6 million land loan for SoCal commercial, condo project

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.

ENV names new principal among five New Jersey promotions

By Joshua Burd An architecture and design firm has announced five promotions within its New Jersey office. Mark Giessen, a member of the ENV New Jersey team for the past 24 years, is now a principal on its Englewood Cliffs-based…

Developer moving from Brooklyn to Englewood Cliffs office building, NAI Hanson says

NAI James E. Hanson has negotiated a lease for 1,440 square feet of office space in Englewood Cliffs for Prime Equity Real Estate.