- 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… - 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…