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Procida Funding News

100 Mile Fund’s 2018 Performance

100 Mile Fund’s 2018 Performance

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Procida Funding & Advisors is pleased to report the 100 Mile Fund's 2018 Performance 2018 Fiscal Year13 Loans Originated in 2018:$151,010,00014 Loans Repaid Totaling:$71,485,000Annualized 2018 Return to Investors9.43%100 Mile Fund Summary | October 2011 - December 2018100 Loans Originated Totaling:$560,396,82476 Loans Repaid Totaling:$376,932,397Annualized Return to
PROCIDA FUNDING, LLC. REFINANCES A CLASSIC BANQUET HALL IN WOOD-RIDGE, NEW JERSEY

PROCIDA FUNDING, LLC. REFINANCES A CLASSIC BANQUET HALL IN WOOD-RIDGE, NEW JERSEY

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Englewood Cliffs, NJ- (December 27, 2018) – New Jersey based commercial real estate lender, Procida Funding, LLC., announced today it provided a $7,000,000 Debt Refinancing & Rehabilitation Loan, on behalf of The 100 Mile Fund, which Procida exclusively manages, to consolidate existing debt and complete
$56 MILLION RESTORATION OF THE PHILADELPHIA MET COMPLETED: BOB DYLAN & HIS BAND OPEN

$56 MILLION RESTORATION OF THE PHILADELPHIA MET COMPLETED: BOB DYLAN & HIS BAND OPEN

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Englewood Cliffs, NJ- (December 4, 2018) - The Philadelphia Metropolitan Opera House, built in 1908 by Oscar Hammerstein, reopened last night with a sell-out performance by Bob Dylan & His Band, after being shuttered for over 20 years. What started with a signature $3 million
PROCIDA FUNDING, LLC. TO PROVIDE A $9,200,000 PRE-DEVELOPMENT/EARLY STAGE CONSTRUCTION LOAN TO MIDDLESEX

PROCIDA FUNDING, LLC. TO PROVIDE A $9,200,000 PRE-DEVELOPMENT/EARLY STAGE CONSTRUCTION LOAN TO MIDDLESEX

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Englewood Cliffs, NJ- (NOVEMBER 30, 2018) – New Jersey based commercial real estate lender, Procida Funding, LLC recently provided a $9,200,000 pre-development/early stage construction loan to Middlesex Residential Urban Renewal, LLC, on behalf of The 100 Mile Fund which Procida exclusively manages, to revitalize Lincoln Boulevard