FINANCED
Kennedy Funding Closes $2.7M Land Loan For Development In Edgewood, WA
1926 Meridian Avenue East
Development Site
Financed 17 days ago
Summary
Loan
WASHINGTON
Development Site
The loan transaction involved a 12.2-acre development site located at 1926 Meridian Avenue East in Edgewood, WA. Kevin Wolfer from Kennedy Funding served as the lender, providing Dhaliwal TC Landing LLC with a loan amount of $2,700,000 at an 8% interest rate.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $2,700,000
- Market: Edgewood, WA
- Lender: Kevin Wolfer - Kennedy Funding
- Landlord: Dhaliwal TC Landing LLC
The loan facilitated by Kennedy Funding supported the development of a mixed-use property in the Tacoma, Washington suburbs, addressing challenges faced by the borrowing party, Dhaliwal TC Landing LLC.
Details
FINANCED
IMAGE: 04/15/2024
ADDRESS: 1926 Meridian Avenue East
MARKET: Edgewood, WA
ASSET TYPE: Development Site ~ ACRES: 12.2
LENDER: Kevin Wolfer - Kennedy Funding
LANDLORD: Dhaliwal TC Landing LLC
LOAN AMOUNT: $2,700,000
NOTE: Kennedy Funding closed a $2.7 million land loan with an 8% interest rate to support the development of a mixed-use property in the Tacoma, Washington suburbs, addressing challenges faced by the borrower, Dhaliwal TC Landing LLC.View on map
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Address1926 Meridian Avenue East
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