U.S. CAPITAL LANDS IN NEVIS: US$2.5M KENNEDY FUNDING DEAL SIGNALS SURGING INVESTOR CONFIDENCE IN ISLAND REAL ESTATE

U.S. CAPITAL LANDS IN NEVIS: US$2.5M KENNEDY FUNDING DEAL SIGNALS SURGING INVESTOR CONFIDENCE IN ISLAND REAL ESTATE

In a powerful signal of renewed international confidence in Nevisian real estate, U.S.-based private lender Kennedy Funding has closed a US$2.5 million cash-out land loan secured by a sprawling multi-property portfolio in Nevis, part of the Federation of Saint Kitts and Nevis. Announced on January 6, the transaction—structured for Bush Lender LLC—marks one of the most notable land-backed financings on the island in recent years and underscores N…

Kennedy Funding closes $2.5M land loan in St. Thomas, Nevis

Englewood-based Kennedy Funding, a direct private lender, announced Jan. 6 that it has closed a $2.5 million cash-out refinancing loan for Bush Lender LLC, secured by a multi-property portfolio on the island of Nevis, part of the Federation of Saint Kitts and Nevis.  The 63-acre estate on prime land in Nevis has become the latest addition to Kennedy Funding’s growing list of international loan closings. The loan is backed by a mix of developed a…