FKF 3, LLC is a New York limited liability company organized in 2004 that operated as a mezzanine lender providing financing to contractors, developers, and related entities for real estate construction and development in the Hudson Valley region of New York. The company was capitalized through loans and investments from approximately 100 individual and corporate investors at interest rates of 10–12%, deploying those funds into approximately 23 development loans totaling over $60 million. FKF 3 was co-owned equally by principals Burt Dorfman, Mitchell Klein, and John Magee.
