 (1).png)
News:
Owners Developers & Managers
Posted: September 5, 2013
Worth Avenue Capital closes $565,000 loan
Worth Avenue Capital, LLC (WAC) closed a $565,000 commercial loan for an electrical contractor that is based in Northwestern Conn. The loan proceeds were used to restructure the company's long term debt as well as provide them with additional short term working capital for their everyday cash requirements. The loan was funded by a Conn. based community bank.
WAC's client was not only having difficulty on its own finding a new commercial funding source but it also was having trouble finding the necessary time to undertake this time consuming search. Through WAC's efforts, the company's principals were able to refocus their efforts on operating their company while WAC was delivering to the company a
new commercial funding source who provided the necessary capital that the company was seeking.
WAC specializes in arranging debt financing for small businesses and real estate developers/investors and also handles bank workouts for those same clients.
MORE FROM Owners Developers & Managers
Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel
Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
Quick Hits
 (1).png)
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul
Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
August Promotion
