Kennedy Funding inks $1.7 million land loan to support 69-unit townhome project near Dallas – Real Estate NJ
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Kennedy Funding inks $1.7 million land loan to support 69-unit townhome project near Dallas – Real Estate NJ
Mark Falzone is the executive loan officer at Kennedy Funding By Joshua Burd Kennedy Funding has closed on a $1.66 million land loan to a developer seeking to build 69 townhomes outside Dallas, the Englewood-based firm announced last week. According to the direct private lender, OFS Ventures is using the funds to acquire 9.32 acres of raw land in McKinney, Texas. Proceeds will support part of the $3.3 million purchase price. “Securing a 9 percen…
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