Transactions

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,200,000 bridge loan secured by a mixed-use building in the Chelsea neighborhood of Manhattan. The subject property is 10,000 SF with 12 residential units and 2 retail units and directly across from the Highline. The borrower needed capital to refinance a maturing bank loan. This transaction was negotiated by Hirshmark’s Jake Soodek.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,280,000 acquisition/bridge loan secured by a development site in the Rego Park neighborhood of Queens. The subject property sold for $3,600,000 with approved plans for 28,000 BSF of residential zoning. The borrower needed capital to close on a TOE contract.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,500,000 acquisition/bridge loan secured by a mixed-use building in the Williamsburg neighborhood of Brooklyn. The building is 18,000 SF with 10 residential and 3 retail units, just steps from Bedford Avenue. The borrower needed capital to close on a TOE contract.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,900,000 bridge loan secured by a retail and industrial building in the Bushwick neighborhood of Brooklyn. The 15,000 SF building is home to the famous Roberta’s Pizza. The borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,100,000 bridge loan secured by a development site in the Fordham neighborhood of the Bronx. The 12,000 SF lot has as-of-right zoning for 66,000 BSF. The borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,000,000 bridge loan secured by a mixed-use building in the Williamsburg neighborhood of Brooklyn. The 6,000 SF building contacts two commercial units and five 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 $1,500,000 acquisition loan secured by an industrial building in Queens and a multifamily building in Brooklyn. The Queens industrial building is a 4,000 SF new construction building in the Woodside neighborhood. The Brooklyn multifamily building is a 5,000 SF 6-family, which was purchased at auction. The borrower needed capital to finance the purchase of the multifamily building..

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,850,000 bridge loan secured by a development site in the Bay Harbor neirhborhood of Miami. The loan is secured by a 23,000 SF parcel, which will be developed into an 18-unit residential condo building. The borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,500,000 acquisition loan secured by three properties in the Chinatown neighborhood of Manhattan. The loan is secured by a total of 23,000 SF between the three buildings with 14 residential units and 5 commercial units. The borrower needed capital to purchase one of the buildings.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,500,000 construction completion loan secured by three properties in the Corona neighborhood of Queens. The loan is secured by a total of 16,000 SF between the three buildings with 10 residential units and 10 commercial units. The borrower needed capital to refinance and complete the construction of one building, which will be a 10,000 SF 8-family. 

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,500,000 construction loan secured by a single family house in the Cobble Hill neighborhood of Brooklyn. Upon completion, the subject property will be a 25-foot-wide, 5,000 SF, luxury single family residence for sale. The borrower needed capital to refinance and complete the construction.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,300,000 bridge loan secured by an industrial building in the Brownsville neighborhood of Brooklyn. The subject property is 20,000 SF and benefits from 78,000 BSF. The borrower needed capital to refinance a maturing loan.