Williamsburg Multifamily – Bridge Loan

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,100,000 bridge loan secured by a multifamily building in the Williamsburg neighborhood of Brooklyn. The subject property is a 20,000 SF building with 20 units and is one block from a major subway line. The borrower needed capital to purchase a different building and the closing took place 3 days from the initial call. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.