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
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