Transactions

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,250,000 bridge loan secured a retail building in the Rockaway Park neighborhood of Queens. The property is a single-story flex retail building totaling 25,000 square feet. The borrower needed the capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,500,000 bridge loan secured a multifamily building in Fort Lauderdale, Florida. The building is 30,000 square feet with 14 townhome units. The borrower needed the capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,450,000 bridge loan secured by two mixed-use buildings; one in the Lower East Side of Manhattan and one in Sunset Park, Brooklyn and a development site in the Greenpoint, Brooklyn. The buildings total 24,000 SF and contain 24 residential units and 6 commercial units. The development site has 18,000 BSF and is a block from the Greenpoint waterfront. The borrower needed the capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,575,000 acquisition loan secured three multifamily buildings in the East Harlem neighborhood of Manhattan. The subject properties total 40,000 square feet with over 60 units. The Borrower needed capital to close on a TOE contract.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $8,500,000 bridge loan secured a retail building in the Williamsburg neighborhood of Brooklyn. The subject property is 15,000 SF retail building overlooking the waterfront . The Borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,150,000 acquisition loan secured a retail building in the Miami Beach neighborhood of Miami. The subject property is 10,000 SF with six commercial units. The Borrower needed capital to purchase the property with a TOE closing.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,850,000 bridge loan secured a mixed-use building in the Williamsburg neighborhood of Brooklyn. The subject property is 12,500 SF with nine commercial units and eight residential units. The Borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,950,000 bridge loan secured an office building in the Flatiron neighborhood of Manhattan. The subject property is 20,000 SF with a retail tenant on the ground floor and nine floors of office space above. The Borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,000,000 bridge loan secured by two retail properties in New York City. The collateral consisted of a 3,000 SF retail building in Queens and a 10,000 SF retail condo in Manhattan. The Borrower needed capital for other business purposes.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,000,000 bridge loan secured by a mixed-use building in the Greenpoint neighborhood of Brooklyn. The collateral consists of a 6,000 square foot building with two apartments and a store. The Borrower needed capital to refinance a maturing loan and additional proceeds to complete the renovation of the property.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,000,000 acquisition loan secured by two retail buildings in Brooklyn. The Borrower purchased a 5,000 square foot retail building in the Prospect Park South neighborhood of Brooklyn and Hirshmark provided 100% financing. The Borrower provided an additional retail building as collateral in the Flatbush neighborhood of Brooklyn, which was unencumbered. The Borrower needed capital to close on a TOE purchase.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,250,000 bridge loan secured by a mixed-use and multifamily property in the East Harlem neighborhood of Manhattan. The collateral consists of two buildings totaling 45,000 square feet and 65 units. The Borrower required fast, flexible capital to purchase defaulted debt at a discount, creating a unique opportunity to regain control of the asset. Hirshmark was able to close the transaction in just 7 days.