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Article #79Bridge Your Commercial R.E. FAST!
From: hey1way
Date: Tue, 27 Jul 1999 00:00
Date: Tue, 27 Jul 1999 00:00
60 lines
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Loans from $500,000 to $300 Million: Domestic and International! 7-10 Day Closings • Brokers Protected! Immediate Response • Flexible Loan Structures • Minimal Documentation! At Kennedy Funding, one of the largest private commercial lenders in the country, we specialize in short-term real-estate-secured loans for many situations, including bridge funding, land acquisition, development and construction, bank workouts, foreclosures and bankruptcies, including DIP financing. Our program has been providing lightning-fast service and creative funding solutions throughout North America since 1985, and with our international lending program, we have recently closed loans in Spain, Belize, Mexico and St. Maarten! SOME OF KFI’S RECENT LOAN CLOSINGS Feinstein Family Trust 230 Acres of Land Ft. Myers, FL $ 16.4 Million Eagle Land Management Landfill Purchase Mt. Joy, PA $ 8.0 Million Kiwi International Airlines Working Capital Newark, NJ $ 2.2 Million Jackson Hotel Company Hotel Purchase Jackson, MI $ 1.0 Million General Media Raw Land Atlantic City, NJ $ 14.5 Million Southern Lifestyles Resort Development Hohenwald, TN $ 1.0 Million Tooele Associates Residential Development Tooele, UT $ 5.5 Million Side II Associates Chapter 11 Financing Pocono, PA $ 1.4 Million Endeavor Business Park Development Tooele, UT $ 10.7 Million Partridge Run Residential Development Albany, NY $ 1.0 Million Swiss Maid Chapter 11 Financing Greentown, PA $ 1.7 Million MPTV Time-share Development Las Vegas, NV $ 7.6 Million Windsor Woodmont Hotel-Casino Development Black Hawk, CO $ 5.4 Million Country World Casino Casino Property Black Hawk, CO $ 5.0 Million Cannery Row Mixed Use Waterfront Property Monterey, CA $ 4.4 Million Anzonia Hotel Corp. Beachfront Hotel & Resort St. Maarten $ 1.3 Million Star Foods Food Processing Plant Expansion San Antonio, TX $ 3.8 Million Loan Term: One to five years, interest only. No prepayment penalty. Loan-to-value Ratio: Loan amounts can be up to 50-60% of the quick sale value of most real estate collateral, and up to 60-75% for income-producing properties. If the loan is used for construction or renovation, the loan can be funded in stages as needed up to 50-60% of the improved value. Minimum Loan Size: $500,000 in the NJ Tri-State area, $1 million nationwide, and $3 million internationally. I encourage you to call me at 201-342-8500 or email hey1way@banet.net to discuss any possible funding requests you may have. Additional information and references will be provided upon request. Very truly yours, Daniel Edrei Account Executive
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X-Google-Language: ENGLISH,UTF8 X-Google-Thread: 10048a,8a14fc90d8eefd09,start X-Google-Attributes: gid10048a,public X-Google-Thread: 10a57b,8a14fc90d8eefd09,start X-Google-Attributes: gid10a57b,public X-Google-Thread: 108e13,8a14fc90d8eefd09,start X-Google-Attributes: gid108e13,public X-Google-Thread: fb6cf,8a14fc90d8eefd09,start X-Google-Attributes: gidfb6cf,public X-Google-Thread: 103c9b,8a14fc90d8eefd09,start X-Google-Attributes: gid103c9b,public X-Google-Thread: 10f2ca,8a14fc90d8eefd09,start X-Google-Attributes: gid10f2ca,public X-Google-Thread: 11398a,8a14fc90d8eefd09,start X-Google-Attributes: gid11398a,public X-Google-Thread: 106507,8a14fc90d8eefd09,start X-Google-Attributes: gid106507,public From: <hey1way@banet.net> Subject: Bridge Your Commercial R.E. FAST! Date: 1999/07/27 Message-ID: <379ddb85@news1.us.ibm.net> X-Deja-AN: 505828208 X-Notice: should be reported to postmaster@ibm.net X-MimeOLE: Produced By Microsoft MimeOLE V4.72.3110.3 X-Complaints-To: postmaster@ibm.net X-Trace: 27 Jul 1999 16:17:09 GMT, 32.100.172.238 Organization: Global Network Services - Remote Access Mail & News Services Newsgroups: alt.building.finance,alt.building.realestate,alt.invest.real-estate,alt.org.natl-assn.mtg-brokers,alt.org.natl-assn-mortgage-brokers,alt.real-estate-agents,alt.retail.category.management,bermuda.business.financial