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News: Front Section
Posted: June 25, 2015
Worth Avenue Capital, LLC closes $120,000 loan for Fairfield business
Worth Avenue Capital, LLC (WAC) closed a $120,000 commercial loan for a Fairfield County-based small business. This business specializes in sports telemetry systems and the loan proceeds are being used for working capital purposes. The loan is secured by real property and was funded by one of WAC's private lenders.
According to WAC's principal, Michael Ciaburri "A local community bank referred this loan request to us as it did not meet the loan underwriting requirements of a conventional bank loan."
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Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
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Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
