Transactions
Flushing Multifamily
Multifamily | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,100,000 acquisition/bridge loan secured by a multifamily building in the Flushing neighborhood of Queens. The subject property is over 60,000 SF with 80 residential units. The borrower needed capital to fund a TOE closing.
Bronx Development Site
Development Site | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,700,000 acquisition/bridge loan secured by a development site in the Tremont neighborhood of the Bronx. The subject property is on Jerome Avenue, which has recently been rezoned to allow for residential development. The borrower needed capital to fund a TOE closing.
Lower East Side Development Site
Development Site | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,450,000 bridge loan secured by a development site in the Lower East Side neighborhood of Manhattan. The developer has approved plans to construct a 13,000 SF condo building. The borrower needed capital to refinance a maturing loan.
Greenwich Village Retail
Retail | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,000,000 bridge loan secured by a commercial building in the Greenwich Village neighborhood of Manhattan. The building is 13,000 square feet with retail and offices on the upper floors. The borrower needed capital to refinance a maturing loan.
Miami Retail
Retail | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,600,000 acquisition/bridge loan secured by a retail building in the North Miami neighborhood of Florida. The building is over 16,000 SF and fully occupied at the time of closing. The borrower needed capital for a TOE closing.
Flatbush Multifamily
Multifamily | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,550,000 bridge loan secured by a multifamily building in the Flatbush neighborhood of Brooklyn. The borrower needed capital to refinance a maturing loan.
Miami Beach Industrial
Industrial | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,800,000 acquisition/bridge loan secured by an industrial building in the Miami Beach neighborhood of Miami. The 18,250 SF building will be owner occupied. The borrower needed capital for a TOE closing.
Midtown Investment Condo
Condo Inventory | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,000,000 acquisition/bridge loan secured by an investment condo in the Midtown East neighborhood of Manhattan. The borrower needed capital for a TOE closing.
Gowanus Industrial
Industrial | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,200,000 bridge loan secured by three industrial buildings in the Gowanus neighborhood of Brooklyn. The three buildings total 45,000. The borrower needed capital for other business purposes.
Woodside Development Site
Land | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,050,000 acquisition/bridge loan secured by a development site in the Woodside neighborhood of Queens. The 12,000 SF site allows for 24,000 BSF. The borrower needed capital to acquire the asset with a TOE closing.
Elmhurst Mixed-Use
Mixed-Use | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,750,000 bridge loan secured by a mixed-use building in the Elmhurst neighborhood of Queens. The 17,000 SF building contains 12 apartments and an 8,000 SF retail space. The borrower needed capital to refinance a maturing loan.
Astoria Multifamily & Mixed-Use Package
Multifamily | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,250,000 bridge loan secured by a package of mixed-use and multifamily buildings in the Astoria neighborhood of Queens. The four buildings total 21,000 square feet with 21 residential units and 2 retail units. The borrower needed capital to refinance maturing loans.
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