Archive
WAC Closes Loan for Middletown, CT Real Estate Investor
Worth Avenue Capital
April 19, 2016
April 19, 2016
Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $160,000 commercial loan for a real estate investor in Middletown, Connecticut. The loan proceeds were used to purchase a residential property in Middletown that will be rented out and held as a long term investment in the borrower’s portfolio. The borrower was able to access WAC’s private capital and purchase the property from an estate at a price that was well below its current market value.
The borrower formed a new LLC as its investment vehicle and the loan is secured by a first mortgage on the property that the investor just purchased. The loan was funded by one of WAC’s private investors.
Share
Recent Posts
Private Credit: A Growing Opportunity for Retirement Investors
Over the past several years, we have seen more and more investors turn to private credit as an attractive investment option to add...
WAC Closes $600K for U.S. Steel Company
March 6, 2026: Worth Avenue Capital, LLC is pleased to announce that we successfully closed a $600,000 follow on debt offering for a...
How Tailored Lending Supports Your Business Goals
Securing the right financing is essential for businesses looking to grow, manage cash flow gaps, or respond to time-sensitive opportunities. While traditional lending...