Recently Funded Loans: WAC Closes $250k Commercial Bridge Loan Secured by Second Mortgage in Ridgefield, CT
Recently Funded Loans: WAC Closes $250k Commercial Bridge Loan Secured by Second Mortgage in Ridgefield, CT
June 12, 2026: Worth Avenue Capital, LLC is pleased to announce the closing of a $250,000 commercial loan to a business-purpose LLC. The
loan proceeds were used for working capital purposes and the loan is secured by a second mortgage on a residential property in Ridgefield,
Connecticut with an underlying LTV of approximately 55%. WAC continues to be a market leader in providing short term bridge loans secured by
junior mortgages. This loan is expected to be paid off in full within about six months from the proceeds of a long term conventional
mortgage.
Worth Avenue Capital specializes in structuring short-term bridge loans that provide real estate investors and business owners with the liquidity they need to seize opportunities, restructure debt, or meet working capital demands. With a deep understanding of alternative financing, WAC delivers tailored lending solutions that traditional banks often cannot offer—allowing clients to bridge financial gaps with speed and flexibility. Since its inception, WAC has successfully closed numerous transactions, particularly in complex situations where conventional financing was not an option.
To learn more about WAC’s bridge loan solutions, visit our website, explore our YouTube channel'>YouTube channel, or contact WAC’s principal, Michael M. Ciaburri, at worthavenuecapital@gmail.com'>worthavenuecapital@gmail.
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Media Contact : Michael Ciaburri
Related Links : www.worthavenuecapital.com
Source : www.worthavenuecapital.com
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