Archive
May 27, 2016
Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $500,000 commercial loan for an LLC whose sole purpose is to make private investments. The loan is secured by a blanket mortgage on properties located in both Greenwich, Connecticut and Water Mill (Southampton), New York and the loan was funded by one of WAC’s private investors.
The borrower needed this short term financing as a bridge in anticipation of monetizing one or two different investments in their portfolio. As soon as either one of these investments monetizes, the borrower will pay off WAC’s bridge loan.
Share
Recent Posts
WAC Closes $1,000,000 Ft. Lauderdale Commercial Loan
October 17, 2025: Worth Avenue Capital, LLC is pleased to announce that it successfully closed a $1,000,000 commercial loan to a residential home...
Real Estate Developers Are Seeking Private Financing: Here’s Why
You’ve got the deal. The timeline is tight. Your crew is ready. But the bank? They need six weeks and a mountain of...
WAC Closes $600,000 Commercial Loan for Greenwich Hedge Fund
September 23, 2025: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $600,000 commercial loan for a Greenwich,...