2025
WAC Closes $1,000,000 Ft. Lauderdale Commercial Loan
Worth Avenue Capital
October 17, 2025
October 17, 2025: Worth Avenue Capital, LLC is pleased to announce that it successfully closed a $1,000,000 commercial loan to a residential home builder in Ft. Lauderdale, Florida. The loan proceeds will be used by the borrower for investment purposes as the sponsor is seeking new real estate investment opportunities in South Florida. The loan is secured by a waterfront luxury home in the exclusive Las Olas section of Ft. Lauderdale, Florida with an underlying LTV of approximately 44%.
The borrower also recently built another luxury home that he owns in the Las Olas section of Ft. Lauderdale that is actively being marketed for sale. Upon the sale of one of these luxury homes, the sponsor will pay off WAC’s short term bridge loan in full.
If you are seeking financing for a real estate investment or for short term working capital and/or debt restructuring for your business, Worth Avenue Capital has opportunistic capital for growth. We are looking to originate new loans from the Northeast to Florida from $250,000 to $5 million. If you are seeking an established private lender to support your goals then please contact me at worthavenuecapital@gmail.com and/or (203) 605-4082.
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