2021

16 Sep CT Entrepreneur Uses Loan from WAC to Purchase Mixed-Use Property Investment

Posted at 13:32h in 2021, Recently Funded Loans

September 16, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $200,000 CRE loan for a Connecticut based entrepreneur who used the loan proceeds to purchase a small mixed use property in Naugatuck, Connecticut. The loan is secured by a...

19 Aug CT Real Estate Developer Uses WAC Loan for Construction Project

Posted at 22:35h in 2021, Recently Funded Loans

August 19, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $200,000 commercial loan to a Connecticut based real estate developer for working capital purposes on an ongoing construction project in Norwalk, Connecticut. The loan is secured by a...

30 Jul One of WAC’s Many Repeat Borrowers Uses Most Recent Loan Proceeds to Grow Real Estate Portfolio

Posted at 07:54h in 2021, Recently Funded Loans

July 30, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $550,000 CRE bridge loan to a real estate investor in greater Hartford, Connecticut. The investor is a surgeon by trade who has also built a real estate investment...

26 Jun New England Company in Energy Sector Uses Seven-Figure WAC Loan to Fund Building Renovations

Posted at 05:39h in 2021, Recently Funded Loans

June 27, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $1,250,000 commercial loan to a New England based distribution company that provides smart technology in the energy sector. The loan proceeds will be used to complete the renovations...