| Douglas J. Kelly Associates 23 Vreeland Road Suite 104 Florham Park, NJ 07932 Phone: 973-765-0200 Fax: 973-765-9497 |
| Douglas J. Kelly Associates |
KENNEDY PLACE CONDOMINIUMS
One Kennedy Place, Danbury, CT - a mid-rise proposed 500+/- $250 million condominium/retail
complex
One Kennedy Place, Danbury, CT - a mid-rise proposed 500+/- $250 million condominium/retail
complex
- Acquisition financing for property purchased at below market value
- Financing was arranged in excess of 90% of the purchase price - based on zoning and
preliminary approvals in place
- Subsequently during the formal approval process assisted in securing an equity partner
for our long time client
- Future construction financing in the amount of $150 million and the availability of
permanent loans for the buyers of 500+ condominium units
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