News: Connecticut
Posted: December 20, 2013
Worth Avenue Capital closes $800,000 loan
Worth Avenue Capital, LLC closed an $800,000 commercial loan for a real estate development company in Utah in which the loan proceeds were used to purchase a health care facility in Northwestern Connecticut. The loan was funded by one of WAC's private lenders.
WAC who was able to source their client's loan request through one of WAC's private funding sources was able close the loan within just a few weeks from inception.
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