April 30, 2015

WAC Closes $210,000 Commercial Loan to CT Real Estate Investor

Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $210,000 commercial loan for a real estate investor on a property located in the tony Keeler’s Farm section of Wilton, Connecticut. The loan proceeds were used by the borrower to consolidate debt and the loan was funded by one of WAC’s private lenders. The loan is secured by a first mortgage on the property in Wilton.

The Keeler’s Farm section of Wilton is considered to be one of the town’s premier and most desirable neighborhoods. The borrower had some credit issues and was unable to obtain conventional bank financing. As a result, the borrower’s attorney contacted WAC and we were able to react quickly to close this loan within a few weeks thus enabling the borrower to pay off his creditors.

WAC specializes in arranging debt financing for both small businesses and real estate developers/investors and also handles bank workouts for those same clients. You can learn more about WAC by taking a look at their website and Youtube video at worthavenuecapital.com and by contacting WAC’s principal, Michael M. Ciaburri at worthavenuecapital@gmail.com or (203)605-4082. WAC maintains offices in both Guilford and Westport, Connecticut. You can now follow @worthavecapital on Twitter for the latest lending news.