Recently Funded Loans | Worth Avenue Capital

03 Mar Small Market/Restaurant in New Haven County Benefits from WAC Commercial Loan for Working Capital

Posted at 11:38h in 2022, Recently Funded Loans

March 3, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $130,000 commercial loan to a small market/restaurant in New Haven County, Connecticut. The borrower is using the loan proceeds for working capital purposes and the loan is secured by...

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...