- January 15, 2024
WAC Closes Short-Term Loan for Working Capital to CT-Based Business
January 15, 2024: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $200,000 commercial loan for a Connecticut based business. The loan proceeds will be used for… - October 31, 2023
WAC Closes Loan to MA Real Estate Investor for the Purchase of Commercial Property by Rhode Island Airport
October 30, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $3,250,000 commercial loan to a Massachusetts based real estate developer/investor. The loan proceeds were used… - October 30, 2023
WAC Loans Working Capital to CT Real Estate Investor for Medical Office Space
October 27, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $100,000 commercial loan to a Connecticut based real estate investor. The loan proceeds were used… - October 16, 2023
Real Estate Developer Uses WAC Loan to Fund the Purchase of Land for 184 Future Apartment Units in Uncasville, CT
October 13, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $900,000 commercial loan to a real estate developer who is purchasing ten plus acres in… - October 11, 2023
Florida Real Estate Investor Uses WAC Loan for Working Capital to Complete Construction on Luxury Condos in West Palm Beach
October 13, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $500,000 “follow on” debt offering to a Palm Beach, Florida based real estate developer/investor. The… - September 28, 2023
Real Estate Investor Purchases Residential Property in Weston, CT with WAC Loan
September 29, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $130,000 commercial loan to a real estate investor who is purchasing a residential property in… - September 27, 2023
What the FDIC Sale of CRE Loans Means For You
Earlier this month, the FDIC made a significant announcement via a press release, giving us a glimpse into their proactive approach to financial management. It all stems from the FDIC taking over… - August 17, 2023
Financial Services Company Taps into Short Term Bridge Loan with WAC for Working Capital
August 18, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $500,000 short term bridge loan for a small privately held financial services company with offices… - July 20, 2023
Real Estate Developer Taps into WAC for Loans to Support Various Real Estate Projects
July 24, 2023: Worth Avenue Capital, LLC is pleased to announce that it successfully closed a $300,000 commercial loan for a Connecticut based real estate developer. The loan proceeds will be used… - July 11, 2023
Sale of Luxury Property in Wesport, CT Marks Another Successful Transaction for WAC and its Borrowers
July 12, 2023: Worth Avenue Capital, LLC just exited an $825,000 mezzanine credit that was secured by multiple mortgages on a luxury property in Westport, Connecticut. The loan proceeds were used for…