WAC Provides $3.5 Million Bridge Loan for Retail Property in Connecticut

Fairfield County, Conn. — Worth Avenue Capital has provided a $3.5 million bridge loan for a 16-acre retail development in Fairfield County, Connecticut.

The property will feature a tenant roster that includes Chick-fil-A, T-Mobile, Panera Bread, Mission Barbecue, Cafe Nero and Texas Roadhouse. The project will also include a new Marriot-branded hotel. The borrower, an undisclosed development group, is in the process of finalizing permanent construction financing through a commercial bank.

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