Recently Funded Loans

23 May South Florida Real Estate Investor Uses Seven-Figure WAC Loan for Working Capital and Debt Restructure

Posted at 14:56h in 2023, Recently Funded Loans

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 used both to restructure debt as well as to provide additional working capital...

02 May WAC Closes a Follow-on Debt Offering for an Existing Borrower

Posted at 11:27h in 2023, Recently Funded Loans

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....

01 May WAC Borrower Uses Loan to Purchase Foreclosure Property

Posted at 10:08h in 2023, Recently Funded Loans

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....

03 Apr Repeat WAC Borrower Closes Sale of Luxury Home in Greenwich, CT. Successfully Pays off Mezzanine Debt

Posted at 13:53h in 2023, Recently Funded Loans

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 home builder who has built numerous homes in the most desirable neighborhoods of...