Private lending has emerged as one of the fastest-growing sectors of the financial system in recent years. This expansion was fueled by banks retreating from conventional commercial lending, leaving a void that private lenders have successfully filled. The flexibility and speed offered by direct private...
November 13, 2024: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $600,000 construction loan for a builder on Fisher's Island in New York. The loan proceeds will be used by the borrower to complete the construction of a luxury...
Natural disasters can strike with little warning, leaving individuals and businesses facing unexpected financial challenges. For homeowners, it could mean costly repairs to damaged property. For businesses, it often disrupts operations, impacts cash flow, and creates unforeseen expenses in the struggle to rebuild. While insurance...
November 1, 2024: Worth Avenue Capital, LLC is pleased to announce that it just successfully funded a $100,000 short term bridge loan to a New Hampshire based real estate developer. The loan proceeds will be used by the sponsor for working capital purposes and the...
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