2019
WAC Funds a CRE Development Project in Fairfield County CT
Worth Avenue Capital
December 13, 2019
December 13, 2019: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $250,000 commercial loan to a Connecticut based CRE developer. The loan proceeds were used to invest in a CRE project in Fairfield County, Connecticut and the loan is secured by an equity stake in a shopping center in Connecticut. The loan was funded by one of WAC’s private investors.
The sponsor, who is a repeat borrower of WAC, is refinancing existing debt on one of his CRE assets and expects to pay off this bridge loan in full within 90 days or so.
Share
Recent Posts
Why Private Credit Is Gaining Momentum Among Individual Investors
Investing in private credit continues to gain momentum among individual investors as the market for private lending expands. With a growing number of...
WAC Funds $1.5M Commercial Real Estate Loan Backed by Prime Lease Agreement
May 7, 2025: Worth Avenue Capital, LLC is pleased to announce that it successfully closed a $1,500,000 CRE loan to a seasoned real...
Finding the Money to Flip a House: Your Guide to Fix and Flip Loans & Bridge Financing
House flipping can be a powerful path to wealth, but one of the biggest hurdles new investors face is finding the money to...