Astoria Mixed-Use Package – Bridge Loan

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Hirshmark Capital is proud to announce the funding of a $1.85MM loan secured by two adjacent mixed-use buildings totaling 6 residential units and 2 commercial stores in the Astoria neighborhood of Queens. The borrower had a time of the essence contract on the properties and needed fast access to funds to ensure he could perform. Hirshmark Capital worked closely with the borrower and accommodated the time of the essence transaction. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.

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