News: Connecticut
Posted: January 17, 2013
Worth Avenue Capital closes $225,000 loan
Worth Avenue Capital, LLC has closed a $225,000 commercial loan to a restaurant that is located in Connecticut. The loan proceeds were used by the restaurant to consolidate some existing debt, as well as provide working capital for the business and the loan was secured by a blanket mortgage on a few commercial properties that are owned by the principals of the restaurant. The loan was funded by one of WAC's private lenders.
WAC has successfully closed numerous loans in the restaurant industry, as well as many other commercial loans for other types of small businesses and real estate developers/investors.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein
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The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary