KENNEDY FUNDING: PRESS ROOM

At Kennedy Funding, no two loans are ever the same. One day we're lending millions of dollars to keep an airline in the sky or to clean up a thousand acres of contaminated land slated for development, and the next day we're helping a non-bankable land developer build two championship golf courses in the Arizona desert. Read all about these and other loans that showcase Kennedy's willingness to go to extremes to lend you money.

Kennedy Funding Closes Four Loans in One Day
Almost $40 Million in Domestic and Offshore Aid for Land Development and Restructuring

Hackensack, NJ, May 5, 2008 – In a lending environment where securing a loan is increasingly out of reach for borrowers, April 16 proved momentous for Hackensack-based Kennedy Funding, Inc. The direct private lending company closed four loans that day, three for land development and one for financial restructuring, totaling almost $40 million.
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$9.2 Million Loan from Kennedy Funding Gives Georgia Developer Just What He Needs to Stay in the Black and Stay on Track

HACKENSACK, N.J., April 17, 2008 – Kennedy Funding, Inc., a leading direct private lender, has closed a $9.2 million loan to Vision Real Estate Management, Inc., of Buford, Georgia. Developer Scott Harbolt, President of Vision Real Estate, was busy developing a residential/mixed-use community named Edgewater Trails, consisting of over 32 acres.
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Kennedy Funding’s $15 Million Loan Deals Winning Hand to Developer’s Plans for Casino Complex in Biloxi, Mississippi

Biloxi, Mississippi – Peter A. Simon of West D’Iberville Development, LLC had a dream. He’d had it for a very long time. And he had methodically gone about making it happen.
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Kennedy Funding Closes $3.9 Million Loan So Delaware Family
Doesn’t Have to Sell the Farm

HACKENSACK, N.J., April 3, 2008 – Kennedy Funding, Inc., a leading direct private lender, has closed a $3.9 million loan to Mills Farm, LLC, of Delaware. The Mills Family, through Mills Farm, LLC, owns four individual tracts of farmland in Milford, Sussex, and Kent counties in Delaware, totaling 631.6 acres.
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Kennedy Funding’s Timely Loan Lets Ohio Developer Start Building Perfect Community for Single-Family Residents

Hackensack, New Jersey – Jeff Johnson of Extra Land Co., LLC owned a piece of land free and clear. It was 31.76 acres in Obetz, Ohio, a southeastern Columbus suburb. The land itself was vacant, with a slight gradient down to the road, and covered mostly in tall, waving grasses. It was, in Johnson’s mind, just waiting for something. And he believed he knew exactly what that was.
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Kennedy Funding Buys Loan for $1.55 Million & Buys Borrower Two Years

HACKENSACK, N.J., April 2, 2008 – Kennedy Funding, Inc., a leading direct private lender, has purchased a loan to The Enclave at Bay Isles, LLC in Longboat Key, Florida. The Enclave at Bay Isles, LLC had purchased a 3.78-acre piece of land which had an enormous amount of potential. The land was vacant and adjacent to an existing shopping center containing a Publix Supermarket and CVS Center, among other businesses.
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Superstar John McEnroe to Highlight The Kennedy Funding Invitational
Tennis Tournament, July 9–13, 2008

Sponsorship Proceeds Will Benefit The Leslie Simon Breast Care Center at Englewood Hospital, and Nyack Hospital

HACKENSACK, N.J., February 13, 2008 – John McEnroe, former World No. 1 player, will make his highly anticipated debut in The Kennedy Funding Invitational for 2008, July 9 – 13. The Kennedy Funding Invitational is a benefit tournament for two area hospital breast care centers.
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Kennedy Funding Loans Hawaiian Developer $7 Million for Big Project
on Big Island

HACKENSACK, N.J., January 10 -- Nearly everyone who's been there loves Hawaii. It doesn't matter which islands you visit -- Ni'ihau, Maui, Moloka'i, Kaua'i, O'ahu, Lana'i, Kaho'olawe, or the Big Island -- there's something beautiful and appealing about each one.
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$47.1425 Million Loan From Kennedy Funding Helps Idyllic Community Take Off in Eagle County, Colorado

HACKENSACK, N.J., November 06 -- In a secluded valley just 35 miles west of Vail, Colorado, there are acres of lush pastures, spectacular scenery, and rich history -- perfect for an exclusive gated community.
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$15.1 Million Loan from Kennedy Funding Provides the Right Prescription for Pennsylvania Mental Health Care Center

HACKENSACK, N.J., October 09 -- The Blackwell Human Services Campus in Philadelphia, Pennsylvania had been instrumental in providing humane treatment for some of society's most disenfranchised individuals, the mentally ill, since the 19th century.
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$29.3 Million Loan from Kennedy Funding Helps Florida Developer Make a Big Splash with Luxury Residential Community and Water Park Complex

HACKENSACK, N.J., October 03 -- It was the vision of developer Costa Blanca II that the Tierra del Sol resort community in Orlando, Florida be designed as an exercise in luxury living. Set on 120 acres, the development would offer 540 townhome units, 432 condominium units, an expansive clubhouse with virtually every conceivable amenity, and panoramic views toward nearby Walt Disney World and the surrounding countryside.
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Fast $28.8 Million Loan from Kennedy Funding Helps Developer Build Resort for All Seasons in Utah Mountains

HACKENSACK, N.J., September 26 -- James Fales of Braffits
Creek Estates, LLC couldn't stop thinking about a certain Utah resort: his.
Or, rather, the one he wanted very much to build. He had purchased 2,654
acres of land on Cedar Mountain in Iron County, approximately ten miles
west of the popular Brian Head Ski Resort near Cedar City, and he wanted
his project to be better in every way.
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$4.55 Million from Kennedy Funding is Second Loan in a Month to MOA
Loan Helps Developer Build ‘Buffalo Bill’ Hotel near Yellowstone

HACKENSACK, N.J., September 17 -- MOA Hospitality, Inc., a nationwide hotel owner and operator, owned a 7+-acre tract of land in the town of Cody, Wyoming, very close to Yellowstone National Park. At first, they had considered selling the property but, upon reflection, decided to develop the land themselves.
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$47 Million Loan From Kennedy Funding Helps Florida Developer Shift His Town Center Project Into High Gear

HACKENSACK, N.J., July 24 -- William Planes of Trinity Town Center, LLC knew a good thing when he saw it. What's more, he had an excellent memory. And when he needed another good thing, he knew exactly where to find it.
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$23.2 Million Loan from Kennedy Funding Helps Developer Sink a Birdie on His Residential Golf Community

LAKE GENEVA , WIS., July 23 -- George Wight of Wight Development Group owned several tracts of land in the city of Lake Geneva, Wisconsin, a popular resort area. The various tracts totaled 226 acres of gently rolling meadows and forest, and included the Hilmoor Golf Course.
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$55 Million Loan From Kennedy Funding Means Smooth Sailing for Georgia Developer
As Traditional Lenders Shy Away from the Residential Market, Kennedy Shares Borrowers' Vision & Steps in to Fill the Void

HACKENSACK, N.J., June 8 -- A dream was coming true for an affiliate
of YJR Realty, LLC. They were working on bringing a complicated development to fruition on waterfront property in Georgia, a development that would literally change the face of a town.
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$24.9 Million Loan From Kennedy Funding Brings Some Magic to Florida Residential Resort Project Near Walt Disney World

POLK COUNTY, Fla., May 7 /PRNewswire/ -- When Erik Wendt, CFO of Resort Development Group, LLC, needed additional funding for his newest Florida resort, he wasn't quite sure where to turn. He was spearheading the refinancing of the project known as the Tierra Del Sol town home and condominium development just ten minutes south of Walt Disney World in Polk County, Florida.
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With a Total of $70 Million in Loans, Kennedy Funding's Magic is Helping Build Florida Developer's Kingdom

HACKENSACK, N.J., April 20 /PRNewswire/ — Less than two years after a $40 million loan from Kennedy Funding for a 214-acre land purchase just four miles from the main gate of Walt Disney World, Sham Maharaj of BVC Partners I, LLC was eager to do business again. This time, he was seeking another $30 million to pay off the original balance and finance improvements to the mixed-use property known as "Marbella," which is northwest of Interstate 4 in Orange County, Florida.
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$13.5 Million Loan from Kennedy Funding Closes in Just Two Weeks & Saves the Day After Other Lender Drops the Ball

Hackensack, NJ, March 28, 2007 — William Planes' company, Trinity Town Center, LLC, owned a 13.49-acre parcel of land in the Trinity area of Pasco County, Florida, and had obtained final subdivision approval and permitting for development of a mixed-use Retail and Office Complex. Everything looked to be in order for Planes' envisioned destination lifestyle center.
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$6.66 Million Raw Land Loan from Kennedy Funding Closes in Only
10 Days
Loan Helps Texas Developer Purchase Another Property Just in Time

Hackensack, NJ, March 05, 2007 — John M. Golden was in a predicament. Through his company, Golden Pointe, LLC, he wanted to purchase an attractive piece of property, and he needed a loan with which to do it. There was also a time element involved, which meant he had to close the deal fairly quickly. He just wasn't quite sure how to go about it.
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$12.3 Million Loan From Kennedy Funding Helps Philadelphia Developer Acquire 71-Acre Tract Along the Delaware River

Philadelphia, February 28, 2007 — Joseph F. Logue, Jr. of Churchill Residential Development, LP knew a piece of property with potential when he saw one. In particular, he was looking at a stretch of redevelopment real estate located along the banks of the Delaware River in Philadelphia, Pennsylvania. It was a 71-acre tract that had recently been rezoned from industrial to mixed use, and could be re-subdivided into three lots.
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Up Against the Odds and the Clock, Kennedy Funding Closes $7 Million Loan for HHH Nevada's Las Vegas Project in Just Over a Week

Hackensack, NJ, February 21, 2007 — Kennedy Funding of Hackensack, NJ, the industry's leading direct private lender, has closed a $7 million loan to HHH Nevada, LLC for land acquisition just off the Las Vegas "strip" in Clark County, Nevada.
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$15.5 Million Loan From Kennedy Funding Helps Developer Bring an International Flavor to Chamblee, Georgia

Hackensack, New Jersey, February 15, 2007 — Kennedy Funding, the industry’s leading direct private lender headquartered in Hackensack, New Jersey, announced that it has closed a $15.5 million loan to Archetype Development Group, LLLP in Chamblee, Georgia.
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Hurricanes destroyed 119 homes...a $23.3 million loan from Kennedy Funding brightens the future for the new owners of West Palm Beach tower.

West Palm Beach, FL, February 3, 2007 — Kennedy Funding, Inc. of Hackensack, NJ, the industry’s leading direct private lender, has closed a $23.3 million loan to Trinity Development Partners, LLC for a waterfront real estate purchase in West Palm Beach, Florida.
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Kennedy Funding Gains $200 Million Securitization from Fortis Bank
'Superpower' Lending Capacity Now Extends into the Billions

Hackensack, NJ, January 25, 2007 — Kennedy Funding, one of the industry's largest direct private lenders, has announced that it has secured a $200 million securitization from Fortis Bank, an international financial services provider engaged in banking and insurance.
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$20 Million Loan from Kennedy Funding Helps Developer Acquire Prime Piece of Downtown Philadelphia
Ambitious, Long-Term Plan Calls for 10,000,000 Sq. Ft. Development on Site Bigger Than the World Trade Center

Philadelphia, January 17, 2007 — Kennedy Funding, the industry's leading direct private lender headquartered in Hackensack, New Jersey, has closed a $20 million loan to World Acquisition Corporation for a real estate purchase in Philadelphia, Pennsylvania.
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$14.5 Million Loan From Kennedy Funding Helps Save Developer's Plans for 50 Acres on Hawaii's Big Island
Kennedy's First Deal in the Western Pacific a Testament to Skill & Determination

Hackensack, NJ, January 05, 2007 — Seascape Development, LLC owned five undeveloped parcels, a little over 50 acres, on the Big Island of Hawaii, in the city of Kailua-Kona. It was prime property, about a mile and a half east of the Kaahumanuy Highway (SR 19) at the Kona International Airport entrance.
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Kennedy Funding's $3.72 Million Loan Helps Atlanta Area Mixed-Use Project Get Underway
The Lofts on Antique Row Loan Closes in Only Two Weeks

Hackensack, NJ, October 23, 2006 — Charles Schmandt of F & S Lofts, LLLP, owned several contiguous parcels of land in Chamblee, Georgia, about 12 miles northeast of downtown Atlanta.
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Kennedy Funding Nears $200 Million in Loans for Fiscal Year 2006

Hackensack, NJ, September 20, 2006 — Kennedy Funding, the world's largest direct private lender, announced it is approaching its projected $200 million mark earlier than previously anticipated, and is closing in on its milestone goal of $300 million by year's end -- a 50% increase over last year's figures.
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Kennedy Funding Loan to Louisiana Developer Speeds Renovation
of Hotel

Hackensack, NJ, September 15, 2006 — Kennedy Funding, a direct, private lender based in Hackensack, New Jersey announced that it has provided a $1.92 million loan to Akaal Lodging, LLC.
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$2.13 Million Loan from Kennedy Funding Helps Hotel & Restaurant Owner Refinance and Consolidate

Salem, OH, September 12, 2006 — Kennedy Funding, one of the largest direct private lenders in the industry, has become known for its successes in situational lending and for specializing in raw land loans. But when it comes to consolidation loans and refinancings, traditional institutions and conventional lenders have been the providers of choice. Until now.
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Kennedy Funding Introduces Useful New Tools for Commercial Mortgage Brokers & Hard Money Borrowers

Kennedy Funding is pleased to announce a new Website filled with useful tools and information for those interested in the private lending/hard money industry. Whether you're a mortgage broker or a borrower, you're sure to discover something of value by visiting this site at http://www.KennedyFundingLender.com.
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Jeffrey Wolfer of Kennedy Funding Wins Coveted Award President &
Co-CEO Named 2006 Forty Under 40 Winner

Hackensack, NJ, September 01, 2006 — Jeffrey Wolfer, President and
Co-CEO of Kennedy Funding in Hackensack, New Jersey, has been named one of NJBIZ magazine’s 2006 Forty Under 40 award winners. The Forty Under 40 awards program honors men and women who have been making headlines in their field and who share a commitment to business growth, professional excellence, and the community.
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Kennedy Funding Loans $2.1 Million to Florida Developer for Purchase of Championship Golf Course & Country Club in Florida

Plant City, FL, September 01, 2006 — Picture a golf course in
Plant City, Hillsborough County, Florida. It's not just a golf course, but
a 400-acre tract consisting of a clubhouse with restaurant and full-service kitchen, meeting rooms, pro shop and offices, six outside fully lit tennis courts, an Olympic-sized outdoor pool, fitness center, and two 18-hole,
72-par golf courses designed by Ron Garl.
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Kennedy Funding’s $4.2 Million Loan Helps Illinois Developer Refinance 64-Acre ParcelLender’s 2nd Loan to Ocean Atlantic/PFG-Westbury, LLC Keeps Development Plans On-Track

Yorkville, IL, August 7th, 2006 — John Carroll of Ocean Atlantic/PFG-Westbury, LLC was spearheading the refinancing of a 64-acre parcel of land that is part of a 300-acre development known as East Village at Westbury in Yorkville, Illinois. When complete, the development will have 252 single-family lots, 569 townhome lots, 33.81 acres of commercial land, a clubhouse, 56.45 acres of open space, and a 15-acre high school site.
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	$1.845 Million Loan from Kennedy Funding Helps California Developer Bring a Little Bit of Beverly Hills to Lexington, Tennessee
	Paul Goldstein & Englewood Hospital Big Winners at The Kennedy Funding Invitational Champ Pockets $20,000 & Englewood Hospital Breast Care Center Gets Check for $250,000
	$2.9 Million Loan from Kennedy Funding Helps Niagara Falls Investor Leap into the Hotel Business
	$1.65 Million Loan from Kennedy Funding Helps Pennsylvania Developer Turn Timeshares into Condos
	Timely Loan from Kennedy Funding Helps OneCap Partners Purchase 78 Acres in 'Next Las Vegas'
	$7.8 Million Loan from Kennedy Funding Helps Partners Own a 403-Acre Piece of Maryland
	The Kennedy Funding Invitational to Benefit Breast Care Center at Englewood Hospital Will Feature Top-Ranked Tennis Players From Around the World
	$9 Million Loan from Kennedy Funding Helps Elias Brothers Keep Florida Development Plans Alive
	Kennedy Funding – 2 Loan Closings, 2 Countries, 1 Day. Loans Help Turn Home into Offices & Canadian Lodge into Showplace
	$3.864 Million Loan from Kennedy Funding Helps Kings Highway Acquire Land and Buy Out Partners
	$6.525 Million Loan from Kennedy Funding Helps a Los Angeles Condominium Conversion Get Under Way
	$1.2 Million from Kennedy Funding Will Help Make West Hills Golf Course a Driving Force in New Brunswick, Canada
	$9.78 Million Loan From Kennedy Funding Facilitates 571-Acre New York Resort Purchase
	$12 Million loan from Kennedy Funding saves Mississippi Shores Of Paradise project in wake of Katrina 476-unit resort community land loan closes in just one week
	$50 Million Loan From Kennedy Funding to Saguaro Ranch Heats up the Tucson Desert With a 1,035 Acre/180-Lot Luxury Residential and Intimate Resort Development
	$6.8 Million Loan From Kennedy Funding Puts the Beat in Houston Nightclub
	Kennedy Funding Introduces Useful New Tools for Commercial Mortgage Brokers & Hard Money Borrowers
	JEFFREY WOLFER AIDS KATRINA RECOVERY EFFORT Local businessman extends personal involvement in social causes
	$6.8 Million Loan From Kennedy Funding Puts the Beat in Houston Nightclub
	Kennedy Funding Sets 'Land Speed' Record — Closes $3.25m Vegas Acquisition Loan in 48 Hours
	$40 million loan from Kennedy Funding facilitates 214-acre Florida land purchase
	8 properties in 5 states change hands in one transaction thanks to $6 million loan from Kennedy Funding
	Kennedy Funding Loans $6.5 Million for One of the Last Land Parcels On the Outer Banks
	$12 Million Loan From Kennedy Funding Buys Prime Land on the Navesink River
	$4 Million From Kennedy Funding Buys Hotel And Additional Land Near Walt Disney World
	$5.5 Million Acquisition Loan from Kennedy Funding Puts Michigan Condos Back on Track
	Kennedy Funding Loans $10 Million for Park Avenue Duplex Condominium
	$2.5 Million Loan From Kennedy Funding Takes Detroit Hospital Off Life Support
	Kennedy Funding Lends $2.7 Million to Aquaplex Project in Wisconsin
	Kennedy Funding Rescues Blue Ridge Mountains' Developer
	Kennedy Funding Introduces New Low Rate Loan Program
	Non-Profit Philadelphia Hospital Gets Life-Saving Loan of $5.325 Million From Kennedy Funding
	$2.5 Million Loan From Kennedy Funding Fuels Purchase of Florida Sunoco Station
	$3.5 Million loan from Kennedy Funding delivered in record time to development company in Florida
	Kennedy Funding's $2.6 million loan rescues bankrupts company in Camden, New Jersey
	New Resort to Rise on Sandy Beach in Puerto Rico, Thanks to Loan From Private Lender Kennedy Funding
	$4 Million Loan From Kennedy Funding Helps Developer Bring Gaming Enterprise to Mexico City
	Country Club with Golf Course Coming to Maine with Help of $3.4 Million Loan From Kennedy Funding
	Home improvement company spruces up with $3.5 million loan from Kennedy Funding
	Highrollers meet steamrollers as Kennedy Funding loans $18.5 million for major development on Las Vegas strip
	Kennedy Funding Loans $3.9 Million to Developers for St. Croix, Virgin Islands Resort
	Kennedy Funding borrower returns for second loan to build condos on island of Cozumel, Mexico
	Kennedy Funding's $3.4 million loan will help provide affordable housing in Mexico
	Kennedy Funding's $5.2 million loan paid back by borrower in record time
	Kennedy Funding loans $6.6 million to developer of Florida beachfront condos
	Kennedy Funding lands in paradise with $5.4 million loan to developer of Fiji island resort
	Kennedy Funding loans $3 million to California developer
	Kennedy Funding Lends $1.5 Million to Colorado Developer for New Community adjacent to Vail's Keystone Resort
	Kennedy Funding Lends $2.3 Million to Mexican Developers
	Kennedy Funding Receives $14.5 Million Payback On Defaulted Loan from Penthouse Founder Guccione
	Kennedy Funding Lends $18 Million to Developers of Next 'Sun Valley'
	Kennedy Funding issues $5.3 million loan to Travis Boats & Motors (NASDAQ: TRVS)
	Kennedy Funding bails out South Florida Developer with quick $3 million second mortgage bridge loan
	Kennedy Funding lends $1.8 million to Port Saint Lucie, Florida Developer
	Kennedy Funding Expands Media Expertise With Loan To Hispanic Radio Station
	Kennedy Funding Lends $6 Million To Leading Operator Of Charter Schools
	Kennedy Funding Scores Hole-In-One with Multimillion Dollar Loan to Golf Course Developer
	Kennedy Funding's Two Day Loan Rescues Building From Foreclosure
	In Private Lending, Bigger is Better
	Kennedy Funding Loan of $2.2 Million Breaths 'New Life' Into Funeral Home
	Quick $3.5 Million Loan by Kennedy Funding Funds Acquisition of Former Hospital
	Michigan Hoteliers Do It Their Way with Multimillion Dollar Loan from Kennedy Funding
	Guccione Gets $35 Million Reprieve
	NJ Lender Bails Out Auto Dealer in Far-Off St. Maarten
	Kennedy Funding Expands Lending Expertise with Loan to NYC TV Station
	Kennedy Funding Plays Key Role in $66 Million Loan to Florida Developer
	Kennedy Loan Funds Conversion of Dormant Inn to a State of the Art Ramada Plaza Hotel
	Kennedy Funding Lends $16.5 Million to Developer of Arizona Championship Golf Club
	Private Lenders Emerge as Main Source of Capital as $30 Billion in Commercial Loans Are at Risk
	Hackensack Lender Provides $7.1 Million Loan for Major Land Deal in Texas
	Kiwi Gets $2.2 Million to Help Recovery
	Kennedy Funding's $1.1 million loan rescues recycling pioneer from bankruptcy
	Kennedy Funding takes to high seas with $5.1 million loan to international shipping line
	Kennedy Funding lends assisted-living housing facility $500,000 to pay down $1.9 million Hud loan
	Kennedy Funding’s $7.6 Million Loan Helps MPTV, Inc. Launch Las Vegas Time Share Project
	Kennedy Funding rescues bankrupt developer with creative financing

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