Worth Avenue Capital Closes $2.5 Million CRE Loan for Mixed-Use Development in West Hartford, CT
Worth Avenue Capital, LLC is pleased to announce the successful closing of a $2,500,000 commercial real estate loan to a New England-based real estate developer. The capital will be used to fund soft costs associated with the development of a significant mixed-use real estate project in West Hartford, Connecticut.
The loan is secured by a first mortgage on one of the key parcels within this expansive and diversified development, which will feature a mix of medical, residential, fitness, and retail tenants. Future occupants of the project include a prominent medical and hospital organization, a nationally recognized fitness brand, newly constructed multifamily residential units, and several other commercial tenants. Upon completion and lease execution, the development is expected to become one of the premier real estate assets in the greater Hartford, CT market. Worth Avenue Capital continues to provide bespoke short-term bridge financing solutions to this multiple-time repeat borrower, ensuring each loan is precisely tailored to meet the unique capital requirements of their real estate development projects.
Worth Avenue Capital specializes in structuring short-term bridge loans that provide real estate investors and business owners with the liquidity they need to seize opportunities, restructure debt, or meet working capital demands. With a deep understanding of alternative financing, WAC delivers tailored lending solutions that traditional banks often cannot offer—allowing clients to bridge financial gaps with speed and flexibility. Since its inception, WAC has successfully closed numerous transactions, particularly in complex situations where conventional financing was not an option.
To learn more about WAC’s bridge loan solutions, visit our website, explore our YouTube channel, or contact WAC’s principal, Michael M. Ciaburri, at worthavenuecapital@gmail.
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