WAC Closes $3.8 Million CRE Loan in Southern New England
February 20, 2026: Worth Avenue Capital, LLC is pleased to announce that it has successfully closed a $3,800,000 short-term commercial real estate (CRE) bridge loan for a real estate developer in Southern New England. The financing was used for the acquisition of commercial property in Trumbull, Connecticut.
The developer has secured a lucrative long-term lease with Amazon to construct a new Whole Foods grocery store on the property, further strengthening the investment’s long-term value.
The borrower already has construction financing in place with a Texas-based ground-up construction lender. Proceeds from that construction loan will be used to pay off Worth Avenue Capital’s short-term CRE bridge loan in full within the next several months, following the initial funding advance.
This experienced real estate developer is a repeat borrower with Worth Avenue Capital and is expected to continue partnering with the firm on future commercial real estate development projects throughout the region.
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