Strategic Financing Leads to Luxury Home Success in Greenwich
Worth Avenue Capital congratulates our borrower, Dream Home Custom Builders (DHCB), on the successful sale of 273 Riversville Road in Greenwich, Connecticut. This exceptional luxury residence was constructed “on spec” by DHCB and is set on a scenic parcel in the heart of the Greenwich countryside.
The home was purchased by a family relocating from California to the East Coast, a testament to the enduring appeal of the Greenwich real estate market and DHCB’s outstanding craftsmanship.
To support this project, Worth Avenue Capital provided a $1.5 million bridge loan, which DHCB used to finance construction. Bridge loans are a valuable solution for developers and real estate investors who need quick access to short-term capital. These loans allow borrowers to seize timely opportunities, start or continue projects without delay, and position themselves for profitable outcomes, all without the lengthy approval process of traditional financing.
This transaction marks yet another milestone in our long-standing and successful relationship with Dream Home Custom Builders. We are proud to continue supporting their vision and look forward to more collaborative successes in the future.
If you’re a developer or investor seeking fast, flexible capital for your next project, contact Worth Avenue Capital today to learn how our bridge financing solutions can help you succeed.
Recent Posts
Private Lending for Business Owners: Unlocking Liquidity Without Sacrificing Equity
Achieving business growth often requires more than strategy and determination. It requires access to capital. But with tightened credit markets making traditional bank...
Contractors and Private Capital: Financing Growth in Today’s Construction Economy
The construction industry is booming. Demand for new builds, renovations, and infrastructure projects remains high, but the cost of doing business has never...
Using Second Mortgages as Additional Collateral for Construction Loans
Over the past several months, WAC has provided financing for multiple construction projects where second mortgages were a critical part of the overall...