8A — October 2025 — Financial — M id A tlantic Real Estate Journal
www.marej.com
F inancial
Rapid-funding leader supports critical upgrades at Florida senior housing community Chase Wolfer of Kennedy Funding secures $3.7M for Crown Court renovation in Inverness, FL
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begin facility upgrades. “The Crown Court commu- nity is known for providing
closing dates. We’re here to get you to the closing table as soon as possible.” Known for lending both in the US and abroad, Kennedy Fund- ing has seen a surge in lending activity in the Sunshine State. Recent transactions include a $3.375 million loan for a mixed- use development in Apopka, a $7.5 million land loan for a luxury townhome development in Santa Rosa Beach, and a $4.85 million purchase for a future Alzheimer’s care facility in Jacksonville. “Florida remains a hotspot for commercial real estate invest- ing and development,” Chase Wolfer said. “As people continue to move to FL in high numbers, they’ll need housing, shops, places to work, and assisted liv - ing facilities like Crown Court, to support them at every stage of their lives.” The direct private lender clos- es loans ranging from $1 million to $50 million in as little as five days. Loan proceeds can be used for acquisitions, working capi - tal, workouts, bankruptcies, and foreclosures. MAREJ Association and most re- cently co-founded the Tier One Network . Recognized as a connector throughout the community, Madanick serves on the Strategic Expansion Committee for NAIOP Greater Philadelphia and was co-chair of the Real Estate Professional Networking with the Jewish Federation of Southern NJ . She is also a strategic partner with the Camden County Bar Association , underscoring her commitment to fostering professional collaboration and supporting local growth. “Natalie’s drive and ability to connect people have had a direct and lasting impact on our success,” said George Duffield, Sr. , co-owner and CEO of National Integrity Title Agency. “Her energy is un- matched, and her relationships across the real estate and busi- ness communities will continue to open doors and strengthen NITA’s presence.” “At NITA, we work like family — everyone is passionate about supporting clients and each other. I’m excited to continue building on the relationships we’ve established while looking ahead to new opportunities for growth,” said Madanick. MAREJ
NGLEWOOD, NJ — The Crown Court se- nior housing community
high-quality care, and the planned im- provements will make this facility even better for its resi- dents,” Wolf - er said. “Se-
will soon un- dergo reno- vations to its 120-year- old facility, thanks to a loan from Kennedy Funding , a New Jersey
Chase Wolfer
Kevin Wolfer
curing this loan so quickly for a project this important is exactly why borrowers turn to Kennedy when they need funding in a short turnaround time.” The demand for senior hous- ing is growing as millions of Americans reach the age of 80; half of assisted living residents are aged 85 or older. More than 900,000 people aged 80 or older live in FL alone. The need vastly exceeds current construction trends; around 4,000 new senior living units will be developed this year and next year, but 100,000 beds per year are needed to keep up with projected demand. “There’s exponential growth
based direct, private lender. Borrower Vseva Crown Court LLC purchased the 0.697-acre property for $3.725 million. Crown Court is centrally located in a tranquil neighbor- hood ideal for retirement. The Inverness area, about 75 miles north of Tampa in central Florida, has a reputation as a safe, closely connected commu- nity. Easily accessible by Flor- ida Hwy. 44 and US Hwy. 41, Crown Court is close to nearby parks, lakes, restaurants, and healthcare facilities. According to Kennedy Funding Loan Officer Chase Wolfer , who closed the deal, the borrower was eager to
Crown Court
in the senior living commercial real estate market, and an ur - gent need to meet the expected demand for beds over the next decade,” Wolfer said. “Facilities like Crown Court are providing a sorely-needed service in an incredibly in-demand sector.” The Crown Court transac- tion is a perfect example of the direct private lender’s leading areas of expertise: closing loans in days or weeks instead of months. When big banks and traditional lenders put up road-
blocks that slow clients down, Kennedy clears the way for a smooth funding journey. “Time is money when it comes to commercial real estate projects, and with traditional lenders, the lengthy funding process stalls work on the kind of renovations Crown Court wants to make,” Kevin Wolfer , CEO and president of Kennedy Funding, said. “When you part- ner with Kennedy, you don’t have to worry about unpredict- able, unreliable, or drawn-out
Kennedy Funding delivers bridge financing for Montclair, NJ property
NITA promotes Madanick to VP Commercial Business Development
MARLTON, NJ — Nation - al Integrity Title Agency (NITA) , a full-service title insur-
MONTCLAIR, NJ — Ken- nedy Funding has announced the closing of a refinancing
ance and set- tlement agen- cy serving the commercial and residen- tial real es- tate markets, proudly an- nounces the promotion of
loan for 40- 46 Church St. in Montclair, a two-story, three-build- ing mixed- use property offering both retail and of- fice space in the heart of downtown.
Natalie Madanick
Natalie Madanick to vice president Commercial Business Development. Since joining NITA, Madanick has played a pivotal role in driving new busi- ness opportunities, strengthen- ing client relationships and ad- vancing the company’s mission to deliver exceptional service. In her expanded leadership role, Madanick will be responsible for furthering and building new key partnerships that focus on the unique needs of clients in the commercial real estate market, including attorneys, lenders, developers and brokers. Madanick is deeply engaged in the region’s business and real estate community. She is co-chair of the “Everything Real Estate Group” at the Pyra- mid Club , Board Member of the Voorhees Business
Edwin Urrego
Located in one of Montclair’s most vibrant corridors, the property—known locally as The Hall Building—is positioned for long-term growth. However, when it came time to secure financing, other lenders hesi - tated. That’s where Kennedy Funding stepped in. “We see this time and time again,” said executive loan officer Edwin Urrego . “Tradi- tional lenders slow down or shy away when there’s perceived risk. Our ability to act quickly, evaluate creatively, and fund decisively is what makes deals like this possible.” The refinancing loan pro- vided the borrower with the flexibility needed to consolidate
40-46 Church St. in Montclair, NJ
debt and position the property for future success, ensuring ongoing improvements and up- grades that will enhance both retail and office spaces. Kennedy Funding’s speed made the difference. In a com- petitive lending environment, the firm was able to move rapidly from evaluation to clos- ing—bridging the gap where traditional lenders could not. “This deal perfectly illus- trates what Kennedy Funding does best,” said Kevin Wolfer ,
CEO/president of Kennedy Funding. “We step in where other lenders can’t or won’t. When time matters most, our team delivers the funding so- lutions needed to keep projects moving forward.” About Kennedy Funding Kennedy Funding is a global direct private lender special- izing in bridge loans for com- mercial property and land acquisition, development, workouts, bankruptcies, and foreclosures. MAREJ
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