2022

09 Sep WAC Continues to Provide Bridge Financing for New Construction in Greenwich, CT

Posted at 13:21h in 2022, Recently Funded Loans

September 12, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $500,000 commercial loan to a builder in Greenwich, Connecticut for working capital purposes towards the completion of the construction of a luxury "spec" home in Greenwich. Upon the...

02 Aug Luxury Builder Uses Short-Term WAC Loan to Complete Recent Building Project

Posted at 17:29h in 2022, Recently Funded Loans

August 3, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $350,000 short term bridge loan to a builder of high end luxury "spec" homes in Greenwich, Connecticut. The loan proceeds will be used to assist with the completion...

02 Aug Real Estate Investor Uses Seven-Figure WAC Loan for Condo Investment in Greenwich, CT

Posted at 10:46h in 2022, Recently Funded Loans

August 2, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $1,350,000 commercial loan to a real estate investor for the purpose of purchasing a commercial condominium in Greenwich, Connecticut. This real estate investor is one of WAC's existing borrowers...

11 Jul CT Small Business Uses WAC Loan for Short-Term Working Capital

Posted at 13:02h in 2022, Recently Funded Loans

July 11, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $75,000 commercial loan to a small business in Bristol, CT. The loan is secured by a first mortgage on real property in Bristol, Connecticut with an underlying LTV...