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Kennedy Funding closes $2.5 million land loan for 63-acre St. Thomas portfolio – Real Estate NJ
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Kennedy Funding closes $2.5 million land loan for 63-acre St. Thomas portfolio – Real Estate NJ
Mark Falzone is executive loan officer at Kennedy Funding By Joshua Burd Kennedy Funding, the Englewood-based direct private lender, has closed a $2.5 million cash-out refinancing loan to the owner of some 63 acres of property on the Caribbean island of Nevis. According to a news release, the transaction with Bush Lender LLC is backed by a mix of developed and raw land assets in St. Thomas, including a custom-designed, 8,000-square-foot concrete…
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