Manhattan Mixed-Use – Debt Acquisition

Hirshmark Capital is proud to announce the purchase of a non-performing loan secured by a 10,000 SF mixed-use building located on the Bowery, in Manhattan. The seller, a local bank, needed someone they could rely on for a quick close when the loan became non-performing. Hirshmark Capital quickly and seamlessly conducted its due diligence and closed on the same day that contracts were executed, allowing the lending institution to clear its non-performing asset well ahead of schedule.