Funding is financial support from people, organizations, or governments for projects. It combines esteem, commitment, grants, and crowdfunding. Kennedy Sponsoring offers short-term loans for business real estate through Kennedy Funding Financial (KFF). It focuses on bridge loans and lending for risky or unique projects. The company is known for its quick and flexible services. Kennedy lends globally, even to projects with zoning or environmental issues. While it provides vital access to capital for unconventional borrowers, its loans have high interest rates. Thus, borrowers need long-term solutions to avoid default. This article will discuss the pillars of success(founders) behind Kennedy.
Kennedy Funding
We help clients achieve dreams with tailored funding, including bridge loans for buying, building, land, development, workouts, bankruptcies, and foreclosures. Our ability permits us to close advances from $1 million to more than $50 million in only 5 days, with up to 75% worth inclusion. We serve clients in the USA, Canada, Europe, the Caribbean, and Focal and South America. It’s not like conventional moneylenders; we grasp what is happening. Our principals oversee every loan, ensuring top expertise for all clients.
We’re looking to lend in the USA and globally. Kennedy Funding offers:
- Fast Turnaround
- 2 Days to Commit
- Close in 5 Days
- Loans from $1 million to over $50 million
- Up to 75% Value Coverage.
Kennedy Funding Financial
KFF provides quick, short-term loans with innovative solutions for unique real estate projects. It specializes in bridge loans and asset-based financing for land, construction, and development across various properties. Loans range from $1 million to $50 million. KFF operates in the U.S., Canada, the Caribbean, and beyond. It tackles complex, distressed, or unique properties, making it a key player in alternative lending. KFF steps in where traditional lenders often won’t.
Pillars of Kennedy’s Success
Here is the detailed list of the pillars or team members of Kennedy who are responsible for their fame and current position. Their hard work makes it worldwide famous.
Kevin Wolfer
Position: CEO/President
Kevin Wolfer is the Chief and Leader of Kennedy Financing. He’s involved in all aspects but shines in operations. His leadership has modernized the company, especially in building banking and co-lender ties worldwide. This growth has doubled the company’s production in recent years.
Kevin is also philanthropic. He founded The Kennedy Funding Invitational in 2006, a top tennis event in New York. In the first year, it raised $250,000 for breast cancer research. He pledged $2 million to Englewood Hospital’s Breast Care Center. In 2007, he brought in tennis star Pete Sampras for a match. This raised over $625,000. The centre was then renamed in memory of Kevin’s friend. Kevin holds a BA and MBA in finance from Emory University. He lives in New Jersey with his loved ones.
Gregg Wolfer
Position: Chief Operating Officer
Gregg Wolfer is described as “professional and passionate” in his role. Gregg has great experience in this field. This helps him tackle complex situations calmly and practically. Gregg creatively markets the company and manages daily tasks. His involvement spans commercial property deals worth hundreds of millions. This includes acquisition, development, construction, and turnaround projects.
Known for his “nothing’s impossible” mindset, Gregg is quick and flexible under pressure. Regardless of his tough timetable at Kennedy, he remains refreshed on industry patterns by attending career expos and shows. Gregg acquired his Four-year education in science from the College of Arizona in Tucson.
Amy Minervini
Position: Controller
Amy Minervini has been with Kennedy Funding for over 19 years. As Controller, she brings expertise in management, bookkeeping, and accounting. Amy oversees all assets, including active and defaulted loans and company properties. She also manages the funding process for every loan closure. Amy lives with her spouse and two kids in Bergen Region, New Jersey.
Angie Dubon
Position: Executive Administrator
Angie is key to the Kennedy team. She manages projects from start to finish. Her tasks include overseeing project details and ensuring team communication.
Before joining Kennedy, Angie taught at Lowell Elementary in Teaneck, New Jersey. There, she handled both in-person and online classes. She also led educational and technical projects. Additionally, she tutored students, creating personalized learning plans. Angie has a four-year certification in Rudimentary Training, zeroing in on Coordinated Math and Science from William Paterson College.
Edwin Urrego
Position: Executive Loan Officer
Edwin Urrego has a rich foundation in the home loan and land areas. His strong people skills and charm have made him a key player at Kennedy.
Edwin is fluent in Spanish and a marketing graduate from Monmouth University. His skills and experience make him invaluable to the team.
Mark Falzone
Position: Executive Loan Officer
Mark Falzone has been with Kennedy Funding since 2003. He is a dedicated and successful member of the team. He was also a financial adviser. There, he tailored investments to meet clients’ needs. Mark plays a key role in many transactions and does so daily. He holds a Bachelor of Science in International Business from Jersey City University. This degree makes him a valuable asset to Kennedy. He finished a job in the financial direction at Wells Land Hypotheses. Mark holds various licenses, including Series 7, 63, 31, and Another Jersey Extra security Permit.
Also, he was in the Military ROTC at Seton Corridor.
Steve Rogovich
Position: Senior Loan Officer
Steve has been with Kennedy Funding since it started. He also has a small business. Before Kennedy, he worked in commercial real estate appraisals.
Steve graduated from the Culinary Institute of America and served in the Marine Corps.
Jared Levitt
Position: Loan Officer
Jared recently graduated from the University of Maryland, studying communication and business. He started as an intern at Kennedy Funding in 2016. Over two summers, he gained valuable experience. His work ethic and passion make him a key part of the team. Jared lives in Bergen County, New Jersey.
Chase Wolfer
Position: Loan Officer
Chase Wolfer graduated from the University of Arizona with a degree in Social Science. Before joining Kennedy Funding, he interned there for several years. His energy and hard-working attitude make him a significant colleague. He lives in Bergen Province, New Jersey.
Ben Wolfer
Position: Loan Officer
Ben Wolfer is a Loan Officer at Kennedy Funding. He approaches loans with care and analysis. His background in data security and management, along with his leadership and technical skills, adds value to the team. Ben aims to enhance Kennedy’s reputation and provide top service. He holds a Bachelor of Science in Cyber Security from Lynn University.
Loan criteria
We’re ready when you are. Our flexible loan criteria let us close deals that others can’t. We evaluate what is happening and specialize in credit to meet your objectives. Our process is swift, getting you funds in a few days.
- TERM: Up to 5 years.
- LOAN TO VALUE: Up to 75%.
- PREPAYMENT: No penalties.
- RATES: Starting at 6% per year.
- FEES: As low as 2%.
- LOAN SIZE: $1 Million to over $50 Million.
- COLLATERAL: Real estate.
- PROPERTY TYPES: Multifamily, Churches, Condos, Offices, Retail, Hotels, Industrial, Mixed-use, and Land. NEW! Check out our 6&3 Lending Program. Enjoy new low rates of 6% for Multifamily, Office, Retail, and other qualifying properties!
Kennedy Half Dollar
The US Mint made the Kennedy half dollar in 1964, shortly after President John F. Kennedy’s death. This coin supplanted the Benjamin Franklin half dollar. At first, it was made of 90% silver and 10% copper. From 1965 to 1970, the creation changed because of a copper deficiency. The new blend was 79% copper, with the external layer 80% silver and 20% copper.
Beginning in 1971, half of the dollars became 75% copper and 25% nickel, with unadulterated copper centres. Beginning around 1964, the coin’s plan has stayed unaltered. The front presentations President Kennedy’s picture. The back shows a hawk holding a peace offering and bolts. The coins were printed in San Francisco, Denver, and Philadelphia. In 1964, over 156 million were made. After 2002, production slowed, focusing on collector’s coins sold at face value.
In 1992, a special 90% silver-proof coin was created for collectors. 1998 more than 90% of silver coins were released, both matte and proof. The most famous version is the 1964 Accented Hair coin. Kennedy’s hair was highly detailed. However, Jacqueline Kennedy disliked it. The Mint then softened the design, but some proof coins had already been made. In 2022, the Federal Reserve revived the production of Kennedy coins. Now, they’re easily available. The most valuable ones remain the 1964-1970 silver coins.
FAQs
What is the distinction between funding and financing?
Financing and funding are distinct in infrastructure investment. Financing means getting or providing money for a purchase or project. Meanwhile, funding refers to money, especially from organizations or governments, for a specific purpose.
What Kennedy dollar is worth money?
As of September 2024, the NGC Price Guide values a 1964 Kennedy Half Dollar in circulated condition between $11.25 and $12. However, pristine, uncirculated 1964 Half Dollars can sell for up to $5200.
For what reason is the 1964 Kennedy Half Dollar so important?
The 1964 Kennedy half-dollar coins are rare. This is mainly due to President Kennedy’s death; the last half of the dollars were made with 90% silver for circulation.
Who is the CEO of Kennedy Funding?
Kevin Wolfer
Kevin Wolfer, as CEO and President, oversees all of Kennedy Funding. His innovative leadership shines in operations. He has guided the company into the 21st century.
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