Transactions

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of an $11,500,000 bridge loan secured by 7 buildings throughout Boerum Hill and Park Slope in Brooklyn, NY. The subject collateral consists of 35,000 square feet containing 23 residential units and 9 commercial units. The borrower needed capital to refinance a maturing loan.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,900,000 bridge loan secured by a development site in Miami, Florida. The subject property consists of a 40,000 square foot vacant site, which allows for the future development of 137 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 $7,750,000 acquisition loan secured by a multifamily building in the Sunnyside neighborhood of Queens. The subject property is a new construction, 25,000 square foot multifamily building with 25 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 $11,000,000 bridge loan secured by an industrial building in the Greenwood Heights neighborhood of Brooklyn. The subject property is a single-story 45,000 SF industrial building. The borrower needed capital for other business purposes.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,275,000 acquisition loan secured by two retail properties in Southern Florida. The borrower needed capital to close on a TOE purchase.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $9,000,000 bridge loan secured by a hotel in Cherry Hill, NJ. The property is 250,000 square feet with 400 rooms. The borrower needed capital to refinance a maturing loan and complete the renovation of the hotel.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,500,000 bridge loan secured by an industrial building in the Williamsburg neighborhood of Brooklyn. The property consists of two vacant contiguous industrial properties totaling over 27,000 square feet. The borrower needed capital for other business purposes.

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,250,000 bridge loan secured a development site in the North Miami neighborhood of Florida. The property consists of a 37,500 SF vacant site with has plans for over 200 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 $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.

Hirshmark 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.

Hirshmark 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.

Hirshmark 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.