Chelsea Mixed-Use/Development Site – Bridge Loan

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,000,000 bridge loan secured by a mixed use building and future development site in the Chelsea neighborhood of Manhattan. The subject property has over 20,000 BSF and is within a block from 3 major subway lines. The borrower needed capital to refinance and for pre-development costs. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner

 

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