Recently Funded Loans | Worth Avenue Capital

29 Dec Borrower Receives Seven-Figure WAC Loan for Construction on a “Spec” House in Greenwich, CT

Posted at 15:15h in 2021, Recently Funded Loans

December 29, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $1,100,000 construction loan for a repeat borrower for the purpose of building a new "spec" house on Stanwich Road in Greenwich, Connecticut. The loan is secured by a junior...

29 Dec WAC Lends to a Repeat Borrower for Another “Fix and Flip” Project in Norwalk, CT

Posted at 12:17h in 2021, Recently Funded Loans

December 29, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $200,000 commercial loan to a repeat borrower for a "fix and flip" house in Norwalk, Connecticut. The loan is secured by a first mortgage on the property with an...

03 Dec WAC Loans to Developer in Norwalk, CT for Construction Financing on Residential Development Project

Posted at 12:39h in 2021, Recently Funded Loans

December 3, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $200,000 short term bridge loan to a real estate developer/investor in Norwalk, Connecticut. The loan proceeds were used towards additional construction financing on a high level residential development project...

02 Dec Investor Purchases Prime Commercial Real Estate Using WAC Loan for Condos in New London, CT

Posted at 16:42h in 2021, Recently Funded Loans

December 1, 2021: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $130,000 CRE loan for a real estate investor who purchased several commercial condominium units in a prime location in New London, Connecticut. The loan is secured by a blanket...