 (1).gif)
News:
Finance
Posted: February 13, 2026
Worth Avenue Capital closes $1.5 million short-term bridge loan for CT-based OB-GYN practice
Hartford, CT Worth Avenue Capital (WAC) closed a $1.5 million short-term bridge loan for an OB-GYN medical practice based in Connecticut. The loan was used to support the purchase of a new real estate holding for the practice, secured by the practice’s real estate assets with a conservative loan-to-value position.
The borrower has paid off the loan in full — two months after origination — by executing their planned exit strategy. The sponsor sold another real estate holding they owned in Connecticut, generating the funds to retire the bridge financing early.
This transaction represents a textbook example of how short-term private lending can support business growth and strategic exits, delivering the speed and certainty that borrowers often need when timing and execution are critical.
Tags:
Finance
Connecticut
MORE FROM Finance
MassDevelopment issues $9m in tax-exempt bonds to Harbor Health Services Inc.
Hyannis, MA MassDevelopment issued $9 million in tax-exempt bonds on behalf of Harbor Health Services Inc. to help the nonprofit public health agency expand its community health center and serve additional patients.
 (1).gif)
Columns and Thought Leadership
Are appraisers on the same page as the assessor? - by Richard Seman
The purpose of this article is to address problematic or confusing issues which may help assessors and appraisers to better understand how to value real estate for tax assessment purposes.
Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Daniel Meyer
Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property
The focus on price per s/f compared to the comparable sales used in the appraisal report - by Dennis Chanski
Over the past several weeks, I have completed appraisal assignments for private clients. Interestingly, after submitting these appraisals, I received several phone calls – not to question the value, content, or any incorrect information, but rather to discuss the price per s/f compared to the comparable sales used in the report.
