June 6, 2018: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $585,000 commercial loan to a historic boutique hotel in Connecticut. The loan proceeds were used by the borrower for construction purposes to begin adding additional rooms to the hotel...
June 5, 2018: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $575,000 commercial loan to an LLC that operates as a Private Investment Vehicle that, in this instance, used the loan proceeds to purchase an investment property in South Florida....
According to the Wall Street Journal (https://www.wsj.com/articles/main-street-banks-new-lending-rivals-hedge-funds-and-private-equity-1526734800), as business are continuing to move away from traditional bank financing in favor of alternative capital sources provided by private lenders. REITs, hedge funds, private equity firms, and other alternative lenders are taking material market share away from...
May 4, 2018: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $400,000 CRE loan to a prominent real estate developer in Connecticut. The loan proceeds will be used by the borrower for working capital purposes on one of his...
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