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Southeast Corner of North P...

Kennedy Funding Closes $2.7 Million Land Loan To Haya Enterprises In Medford Oregon
FINANCEDLand

Kennedy Funding Closes $2.7 Million Land Loan To Haya Enterprises In Medford Oregon

$2,700,000

Building Size

Asset Type

Land

Closing

Jul 8, 2026

AI

The asset involved in this transaction is a 34.61-acre mixed-use development site located at the Southeast Corner of North Phoenix Road & Coal Mine Road in Medford, Oregon. The land has been utilized as collateral for a loan amounting to $2,700,000, facilitating the provision of working capital for the owner.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $2,700,000
  • Lender: Kennedy Funding
  • Landlord: Haya Enterprises LLC
  • Date: 07/08/2026

This transaction highlights the involvement of Kennedy Funding as the lender, providing financial support to Haya Enterprises LLC for their development plans on the land. The deal signifies a strategic move to enhance capital resources via asset-based lending, positioning Haya Enterprises for future growth within the Medford market.

Players

Kennedy Funding
Kennedy FundingLender

Market Land Market Snapshot

Boundary boundary · Land · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93