Transactions

Hirshmark 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.

Hirshmark 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.

Hirshmark 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.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,000,000 acquisition and bridge loan secured by two multifamily buildings in Dallas, Texas. The two buildings total over 35,000 square feet with 54 residential units. The borrower needed capital to close on a TOE purchase contract.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,000,000 bridge loan secured by a multifamily building in the Long Island City neighborhood of Queens. The 12,000 SF building contains six residential units, which will be sold as condos. The borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,700,000 bridge loan secured by a retail building in the Bushwick neighborhood of Brooklyn. The 7,500 SF property, which is partially vacant, is just a block of a major subway station and surrounded by national tenants. The borrower needed capital to refinance an existing loan and renovate the building.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,250,000 bridge loan secured by a development site in the Williamsburg neighborhood of Brooklyn. The subject property is just two blocks from Domino Park and has 30,000 BSF. The borrower needed capital for other business purposes.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,400,000 bridge loan secured by a multifamily building in the Williamsburg neighborhood of Brooklyn. The subject property is 11,000 SF with 11 apartments . The borrower needed capital to refinance a maturing loan and time to rent the recently completed construction.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,500,000 bridge loan secured by a development site in East Hampton, NY. The subject property has over 9 acres with approved plans to build an 8,400 sf residence. The borrower needed capital for other business purposes.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,400,000 bridge loan secured by two investment condos on the Upper West Side of Manhattan. The borrower needed capital for other business purposes.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,850,000 bridge loan secured by a mixed-use building in the Tribeca neighborhood of Manhattan. The building totals 8,000 SF with two commercial units and three apartments above. The borrower needed capital for a partnership buy-out.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,850,000 bridge loan secured by a multifamily building in the Midtown West neighborhood of Manhattan. The 10,000 SF building contains 20 units, half of which require renovation. The borrower needed capital to refinance a maturing loan and additional proceeds for the renovation of the vacant units.