- 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… - November 23, 2022
The Real Estate Market has Cooled Post COVID
During the height of Covid, real estate prices soared dramatically to heights that were previously never seen. Especially in regions such as South Florida whose climate is warm and tropical, real estate… - October 28, 2022
The Clock is Ticking
Currently, when purchasing a qualified real estate asset, an investor is legally permitted to immediately deduct a large percentage of the purchase price rather than depreciate the asset over a twenty or… - October 13, 2022
WAC Provides Additional Debt Financing for a CRE Construction Project
October 14, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $1,050,000 construction loan to a real estate developer/contractor in North Haven, Connecticut.…