Transactions
Park Slope Development Site & Sunset Park Industrial
Development Site | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $30,000,000 bridge loan secured by a development site in Park Slope and seven industrial building in Brooklyn. The development site has 220,000 BSF and will contain 160 units. The industrial buildings, all of which are in Sunset Park, total 60,000 SF. The borrower needed capital to continue building the multifamily property
Manhattan Industrial/Development Site
Industrial | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $14,750,000 bridge loan secured by three industrial buildings, totaling 120,000 SF, in the Inwood neighborhood of Manhattan. The collateral, which spans almost an entire city block, also benefits from over 300,000 BSF
Greenpoint Multifamily
Multifamily | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,500,000 acquisition & renovation loan secured by a multifamily building in the Greenpoint neighborhood of Brooklyn. The 5,000 SF building will contain six renovated apartments upon completion.
Upper West Side Multifamily
Multifamily | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,250,000 bridge loan secured by a multifamily building in the Upper West Side neighborhood of Manhattan. The buildingcontains four residential units and is just steps from Central Park.
West Harlem Mixed-Use
Mixed-Use | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,800,000 bridge loan secured by a mixed-use building in the West Harlem neighborhood of Manhattan. The 60,000 SF building is just two blocks from the subway and has 54 residential units and 5 commercial units. The borrower needed capital to refinance a matured loan.
Brooklyn Mixed-Use/Commercial
Mixed-Use | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,350,000 bridge loan secured by a mixed-use building in the Prospect Lefferts Gardens neighborhood of Brooklyn and a retail building in the Crown Heights neighborhood of Brooklyn. The two buildings total 8,000 SF with 5 commercial units and 2 apartments. The borrower needed capital to refinance a maturing loan.
Upper West Side Multifamily
Multifamily | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,500,000 bridge loan secured by a multifamily building in the Upper West Side neighborhood of Manhattan. The 7,000 SF building contains 10 apartments and steps from Central Park. The borrower needed capital for other business purposes.
Williamsburg Mixed-Use
Mixed-Use | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,700,000 bridge loan secured by a mixed-use building in the Williamsburg neighborhood of Brooklyn. The 5,000 SF building contains two apartments and a store and is on the same block as the L-train. The borrower needed capital to refinance a maturing loan.
Manhattan Mixed-Use
Mixed-Use | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,700,000 bridge loan secured by a mixed-use building in the Midtown East neighborhood of Manhattan. The building contains an owner-occupied restaurant and two apartments above. The borrower needed capital to refinance a maturing loan.
Manhattan & Brooklyn Retail
Retail | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,100,000 acquisition loan secured by two retail co-ops in Manhattan and a retail building in Brooklyn. The retail co-ops total 2,200 SF and are located on the Upper East Side and the retail building in the Cypress Hills neighborhood of Brooklyn is 3,300 SF. The borrower needed capital to purchase the Brooklyn building and used the Manhattan property as additional collateral.
Miami Development Site
Land | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,750,000 bridge loan secured by a development site in the Wynwood neighborhood of Miami. The site has over 72,000 BSF with approved plans for a hotel. The borrower needed capital to refinance a maturing loan and additional proceeds for other business purposes.
Jackson Heights Condo Inventory
Condo Inventory | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,400,000 bridge loan secured by a multifamily building in the Jackson Heights neighborhood of Queens. The collateral consists of 7 remaining condo units in the newly completed building. The borrower needed capital to refinance a maturing loan and more time to sell the units.
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