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Highrollers meet steamrollers with $18m Kennedy deal.

Publication: Real Estate Weekly
Publication Date: 15-SEP-04
Format: Online - approximately 583 words
Delivery: Immediate Online Access
Full Article Title: Highrollers meet steamrollers with $18m Kennedy deal.(Finance: real estate)(Kennedy Funding invests in Pollyana Motels' transformation project)

Article Excerpt
The ranch-style Pollyanna Motel sits on a small, i.76 acre parcel of the Las Vegas strip, but with a loan of $18.5 million from Kennedy Funding, a direct private lender based in Hackensack, New Jersey, it is about to begin a transformation into a towering residential development on the most famous boulevard in the world.

Comprised of condominiums as well as a condominium hotel, the project represents a formidable addition to the Strip, and is representative of Las Vegas' ongoing growth and expansion.

The Mandalay Bay...

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