News: Financial Digest

Ciaburri of Worth Avenue Capital finalizes $140,000 loan for a Connecticut entrepreneur

With its second commercial loan closing in just one week, Worth Avenue Capital has finalized yet another loan transaction, this time for $140,000. Michael Ciaburri, principal owner and managing partner of Worth Avenue Capital, arranged the financing for a Connecticut entrepreneur, and the loan closed in less than a week on real estate listed below market value in a distressed sale. "It was an excellent investment for our client," Ciaburri said, "and we were able to achieve the financing and close the loan quickly." Worth Avenue has access to a network of private and commercial lenders, and utilized private capital for this specific loan. Ciaburri said, "We can quickly tailor the need to the best possible lending source. And we can accomplish it faster due to our extensive financial contacts and our ability to cut complicated red tape and eliminate lengthy `loan holding' patterns and bureaucracy."
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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
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Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.