- May 1, 2023
WAC Borrower Uses Loan to Purchase Foreclosure Property
April 27, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $150,000 commercial loan on a multi-family house in the Westville section of New Haven, Connecticut.… - April 18, 2023
What is Private Lending and How Can it Benefit You?
Hard money lending is a type of financing that is typically used by real estate investors, house flippers, and property developers. It involves borrowing money from a private lender who is not… - April 3, 2023
Repeat WAC Borrower Closes Sale of Luxury Home in Greenwich, CT. Successfully Pays off Mezzanine Debt
April 3, 2023: Worth Avenue Capital, LLC is pleased to announce that it successfully exited $2,350,000 in mezzanine debt in a transaction in “tony” Greenwich, Connecticut. Specifically, WAC’s Sponsor was a luxury… - March 22, 2023
WAC Partners with MMP Realty LLC to Construct Mixed Use Property in Madison, CT
March 20, 2023: Worth Avenue Capital, LLC and MMP Realty, LLC are pleased to announce that their partnership just received all of the necessary municipality approvals to construct a 5,900 square foot… - March 16, 2023
Borrower Supported by WAC with Quick Short-Term Bridge Loan Used for Business Operations
March, 17, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $450,000 commercial loan for a small business in Connecticut. The loan proceeds were used for… - February 7, 2023
Long-Term Loan Workout Finally Completed with Strong ROI and Opportunity for New Investments
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.… - February 3, 2023
Bank Workouts and Debt Restructuring
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… - December 30, 2022
Real Estate Developer Plans to Use Seven-Figure WAC Loan Towards Condo Complex in CT
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… - December 22, 2022
WAC Funds Loan for Renovation of Fifteen Unit Apartment Building in CT
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… - December 12, 2022
Repeat Borrower Uses WAC Loan to Complete Construction Project in Greenwich, CT
December 12, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $400,000 construction loan for a builder in Greenwich, Connecticut. The loan proceeds will be used…