Transactions

Harlem Multifamily
Multifamily | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,500,000 bridge loan secured a new construction multifamily building in the Harlem neighborhood of Manhattan. The 11,000 square foot building contains 15 residential units. The borrower needed capital for other business purposes.

Lower East Side Retail Condo
Retail | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,500,000 acquisition loan secured a retail condo in the Lower East Side neighborhood of Manhattan. The 12,000 square foot unit was partially vacant at closing. The borrower needed capital to close on a TOE contract.

East Village Mixed-Use
Mixed-Use | Construction LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,650,000 acquisition and construction loan secured a mixed-use building in the East Village neighborhood of Manhattan. The 9,600 square foot vacant building will be converted into a store with six residential units above. The borrower needed capital to close on a TOE contract and future funding for construction.

Bushwick Retail & Development Site
Retail | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,250,000 bridge loan secured a retail property and development site in the Bushwick neighborhood of Brooklyn. The retail property is 20,000 SF while the development site is residentially zoned with over 25,000 BSF. The borrower needed capital to refinance a maturing loan.

Gowanus Industrial
Industrial | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,750,000 bridge loan secured by three industrial buildings in the Gowanus neighborhood of Brooklyn. The collateral totals over 45,000 square feet. The borrower needed capital to refinance a maturing loan.

Greenpoint Mixed-Use
Mixed-Use | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,362,500 acquisition and renovation loan secured by a mixed-use building in the Greenpoint neighborhood of Brooklyn. The collateral is a 6,500 SF building, which contains three commercial and six residential units. The borrower needed capital to close on a TOE purchase.

Miami Retail & Development Site
Development Site | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $9,950,000 bridge loan secured by a retail building and development site in Miami, Florida. The collateral consists of a 35,000 SF retail property and a development site, which allows for up to 344 residential units. The borrower needed capital to refinance a maturing loan.

Carroll Gardens Mixed-Use
Mixed-Use | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,700,000 bridge loan secured by two mixed-use buildings in the Carroll Gardens neighborhood of Brooklyn. The buildings total 13,000 SF and contain 4 commercial units and 9 residential units. The borrower needed capital to refinance maturing loans.

Bronx Industrial
Industrial | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,800,000 bridge loan secured by an industrial building in the Port Morris neighborhood of the Bronx. The building is an owner occupied, 100,000 square foot property. The Borrower needed capital for other business purposes.

Design District Development Site
Development Site | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,000,000 acquisition loan secured by a development site in the Design District neighborhood of Miami. The property consists of a vacant, corner, development site with roughly 30,000 buildable square feet. The Borrower needed capital to close on a TOE purchase.

Queens Package
Industrial | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,000,000 bridge loan secured by three properties throughout Queens, NY. The collateral consists of two buildings in the Astoria neighborhood: an office and multifamily building totaling 30,000 square feet, with 17 residential units, 5 office units, and a parking garage. The other property is a 10,000 square foot industrial building in College Point. The Borrower needed capital to refinance a maturing loan.

Miami Multifamily
Multifamily | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,000,000 bridge loan secured by four multifamily properties in the Little Havana neighborhood of Miami. The subject properties total 25,000 square feet and contain 40 residential units. The Borrower needed capital to refinance a maturing loan.
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