- 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… - May 23, 2023
South Florida Real Estate Investor Uses Seven-Figure WAC Loan for Working Capital and Debt Restructure
May 22, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $4,200,000 commercial loan to a South Florida based real estate investor. The loan proceeds were… - May 2, 2023
WAC Closes a Follow-on Debt Offering for an Existing Borrower
May 3, 2023: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $375,000 commercial loan for a small business in Fairfield County, Connecticut.… - 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.…