Kennedy Funding

04/29/2026

A 9% introductory rate? Unheard of in this lending climate. Yet that’s exactly what we did with our $1.16M land refinance loan in Banning, CA. Senior Loan Officer Steve Rogovich orchestrated the deal, allowing the borrower to keep the 14-acre residential development project moving—on a deal many traditional lenders avoid due to the inherent risk.

Special thanks to Zack Gottfried, Principal of Commercial Real Estate Consultant Services LLC in Boca Raton, Florida, for bringing us this opportunity.

Read the full article: https://www.kennedyfunding.com/kennedy-funding-closes-land-loan-in-banning-california/

Direct lender provides 9% rate on land for future 14-acre residential development

04/23/2026

Kennedy Funding Closes $4.4M Land Loan in Spicewood, Texas

Proceeds used for cash-out refinancing on 38.81-acre residential site

Kennedy Funding, a New Jersey-based direct private lender, has closed a $4,400,000 cash-out refinance loan on raw land in the Austin, Texas, metro area, delivering liquidity to a successful property owner who had already invested heavily into a six-parcel site in the Texas Hill Country.



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Proceeds used for cash-out refinancing on 38.81-acre residential site Englewood, N.J. — Kennedy Funding, a New Jersey-based direct private lender, has closed a $4,400,000 cash-out refinance loan on raw land in the Austin, Texas

03/12/2026

Kennedy Funding Closes $2.1 Million Land Loan on 18-Lot Subdivision in Forsyth County, Georgia

Developer cashes out and refinances at prestigious Suwanee Preserve

Edwin Urrego, executive loan officer at Kennedy Funding, is no stranger to land loans. Investors and developers across the country regularly turn to the New Jersey private lender for funding on land transactions for all kinds of purposes, including acquisitions, workouts, and cash-out financing.

This was the case in Forsyth County, Georgia, where a borrower seeking to unlock capital tied up in their property turned to Kennedy Funding for a $2.1 million cash-out refinance loan secured by land within the Suwanee Preserve subdivision.



Read more: https://www.kennedyfunding.com/kennedy-funding-closes-2-1-million-land-loan-on-18-lot-subdivision-in-forsyth-county-georgia/

02/25/2026

Kennedy Funding Closes $1.12 Million Loan to Foreign National for Purchase of 19-Unit Apartment Building in Baltimore

Ethiopian borrower overcomes challenges of sourcing financing for real estate investment

Kennedy Funding has closed a $1.12 million loan to finance the acquisition of a 19-unit apartment building in Baltimore, Maryland, for a foreign national investor.

The Ethiopian borrower, Cityana International Business, LLC, led by Sisay Menji Assena, is acquiring the property at 1214 Walker Avenue in northeast Baltimore. Because the borrower is a foreign national, securing conventional financing presented significant challenges, particularly within the required acquisition timeline.



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Ethiopian borrower overcomes challenges of sourcing financing for real estate investment Baltimore, MD — Kennedy Funding has closed a $1.12 million loan to finance the acquisition of a 19-unit apartment building in Baltimore, Maryland, for a foreign national investor.

01/16/2026

Kennedy Funding Closes $2.1 Million Loan on Newly Constructed Synagogue in Ferndale, New York

The New Jersey-based lender continues to lead in funding nontraditional properties.

Kennedy Funding announced the closing of a $2.1 million working capital loan to NSB Estate, LLC, for a newly constructed religious facility in Ferndale, Sullivan County, New York. The financing reflects Kennedy Funding’s long-standing experience funding non-traditional real estate properties that fall outside conventional lending criteria.

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The New Jersey-based lender continues to lead in funding nontraditional properties. ENGLEWOOD, N.J. – Kennedy Funding announced the closing of a $2.1 million working capital loan to NSB Estate, LLC, for a newly constructed religious facility in Ferndale, Sullivan County, New York.

11/18/2025

Kennedy Funding Closes $2.85 Million Land Loan for South Orange, N.J., Mixed-Use Development

Private lender loan paves the way for 61 residential units.

ENGLEWOOD, N.J. – Kennedy Funding, a leading global direct, private lender, closed a $2.85 million loan for a planned mixed-use development in a rapidly growing North Jersey municipality.

The lender closed the land loan at a 55% loan-to-value (LTV) ratio against two parcels totaling 2.20 acres located at 270 Irvington Avenue and 299 Irvington Avenue in South Orange, New Jersey.

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Private lender loan paves the way for 61 residential units. ENGLEWOOD, N.J. – Kennedy Funding, a leading global direct, private lender, closed a $2.85 million loan for a planned mixed-use development in a rapidly growing North Jersey municipality.

07/22/2025

Kennedy Closes Raw Land Loan for Residential Subdivision in Suffern, New York

When a local mortgage broker needed help securing funding for a $2 million land deal in Suffern, New York, they turned to Chase Wolfer—a funding specialist who knows how to perform under pressure. As both a Loan Officer at New Jersey-based direct private lender Kennedy Funding, and a firefighter with the Alpine Township Fire Department, Wolfer is no stranger to high-stakes situations.

He quickly delivered financing to Powder Horn LLC for the purchase of three undeveloped residential lots totaling 5.951 acres in Suffern.

An alumnus of the University of Arizona’s Eller College of Management, Wolfer continues the legacy at Kennedy Funding, a bridge-loan lender known worldwide for financing land deals other lenders won’t touch.

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ENGLEWOOD, N.J. – When a local mortgage broker needed help securing funding for a $2 million land deal in Suffern, New York, they turned to Chase Wolfer—a funding specialist who knows how to perform under pressure. As both a Loan Officer at New Jersey-based direct private lender Kennedy Funding,...

06/27/2025

Kennedy Funding Closes $1.633 Million Land Loan for Residential Development in Kennebunk, Maine

Amid soaring demand in southern Maine, Kennedy Funding is providing the financing to make new housing a reality.

The direct private lender announced the closing of a $1.633 million loan to Abode Communities Kennebunk, LLC. Loan proceeds will be used to purchase 17 acres of undeveloped land at 274 Alewive Road in Kennebunk, Maine, for $1.2 million. The property is contiguous to 70 acres of land the borrower already owns. The remaining funds will be put toward working capital.

The borrower intends to develop 13 single-family homes on the property, alongside a mobile home park with space for more than 50 residential units.

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ENGLEWOOD, N.J. – Amid soaring demand in southern Maine, Kennedy Funding is providing the financing to make new housing a reality. The direct private lender announced the closing of a $1.633 million loan to Abode Communities Kennebunk, LLC. Loan proceeds will be used to purchase 17 acres of undeve...

06/05/2025

Kennedy Funding Closes Four Land Loans in Two Countries in 14 Days

Closings mark the latest milestone in direct lender’s track record

When time is of the essence, borrowers around the world count on Kennedy Funding to get them to the finish line — no matter how complex or unconventional the deal. The direct private lender’s expertise and global reach enabled the firm to close four land loans in two countries over just 14 days — a standout accomplishment in today’s challenging lending environment.

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Closings mark the latest milestone in direct lender’s track record ENGLEWOOD, N.J. – When time is of the essence, borrowers around the world count on Kennedy Funding to get them to the finish line — no matter how complex or unconventional the deal.

05/20/2025

Kennedy Funding Expands into Ecuador with $4.15 Million Land Loan to Flower Distributor

With the closing of a $4.15 million land loan to Encanto Lender LLC, for property in Mejía, Pichincha Province, Kennedy Funding adds Ecuador to a growing list of countries where they have successfully closed loans outside of the U.S.

Proceeds from the loan will be used for working capital by Ecuagarden Farms, a family-owned flower distributor known for its roses. The 250-person-strong company, which has been in operation for nearly 40 years and maintains operations in Ecuador and Florida, is among the largest exporters of flowers to the United States. Their high-volume output and broad distribution footprint have cemented their status as a leader in the international floral market.



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ENGLEWOOD, N.J. — With the closing of a $4.15 million land loan to Encanto Lender LLC, for property in Mejía, Pichincha Province, Kennedy Funding adds Ecuador to a growing list of countries where they have successfully closed loans outside of the U.S.