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News:
Owners Developers & Managers
Posted: July 21, 2017
Worth Avenue Capital, LLC closes $100,000 line of credit for a Connecticut based real estate investor
Guilford, CT Worth Avenue Capital, LLC closed a $100,000 line of credit for a Connecticut based real estate investor. The loan proceeds will be used to assist the borrower with purchasing additional real estate assets for investment. The loan is secured by a blanket mortgage on two investment properties in Connecticut and the loan was funded by one of WAC’s private investors. This loan closed within three days.
This particular borrower is another repeat customer of WAC. They continue to take advantage of WAC’s streamlined lending process that enables them to access capital for real estate investment purposes in a matter of days.
WAC specializes in arranging debt financing for both small businesses and real estate developers/investors and also handles bank workouts for those same clients. You can learn more about WAC by visiting their website.
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Marlborough, MA BGO, a leading global real estate investment manager, and Seyon, a Boston-based, vertically integrated investor, owner and operator of industrial real estate, have completed the acquisition of a two-building, 134,413 s/f industrial portfolio.
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