Kennedy Funding has closed a $1.6 million land loan to the longtime owner of a 159-acre farm property in southeast Idaho, the direct private lender announced.
Kennedy Funding has closed a new land loan in connection with a nearly six-acre residential development site in Suffern, New York, just north of the New Jersey state line.
Kennedy Funding has closed a $1.633 million loan to the developer of what will be 13 single-family homes in southern Maine, the Englewood-based lender announced Friday.
Kennedy Funding has closed four land loans totaling more than $8 million in recent weeks, including three outside its home state of New Jersey and a fourth in South America.
Kennedy Funding has expanded to Ecuador with a newly closed, $4.15 million land loan to a family-owned flower distributor just south of the country’s capital.
Kennedy Funding has closed on a $1.66 million land loan to a developer seeking to build 69 townhomes outside Dallas, the Englewood-based firm announced last week.
The owner of a resort under construction in Ontario, Canada, is set to acquire another 125 acres for the project, having secured a nearly $1.9 million loan from Kennedy Funding.
