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Kennedy Funding Closes $1.6 Million Land Loan for Idaho Falls Farm
Summary by Citybiz
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Kennedy Funding Closes $1.6 Million Land Loan for Idaho Falls Farm
Land loans are notoriously difficult to secure, but for Kennedy Funding, closing loans on land is just another day, opening possibilities for borrowers around the U.S. and the world. The New Jersey-based direct private lender recently closed a $1.6 million land loan to Diamond J Farms LLC, for farmland located near the Idaho/Wyoming border. Loan proceeds will be used for debt payoff and working capital for the property, which was purchased by Di…
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