February 6, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully completed a $6,250,000 debt restructuring for its investors on a high profile CRE asset in Connecticut. ...
Debt restructuring refers to the process of renegotiating the terms and conditions of a borrower's debt to make it more manageable. Bank workouts are a specific type of debt restructuring that take place between a bank and a borrower. The goal of a bank workout...
December 30, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $1,000,000 construction loan to a Connecticut based real estate developer. The loan proceeds will be used to partially fund the construction of a twelve unit condominium complex in...
December 19, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $300,000 commercial loan to a Connecticut based real estate developer. The loan proceeds will be used to complete the internal renovation of a 15 unit apartment building in...
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