Transactions
Long Island Multifamily
Multifamily | Construction LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,000,000 bridge loan secured by a multifamily development in the Amityville neighborhood of Long Island. The collateral contains 80 residential units across 10 buildings plus a separate community building, totaling 86,000 SF. The borrower needed capital to complete the construction.
Midtown Mixed-Use
Office | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,000,000 bridge loan secured by an office building in the Midtown neighborhood of Manhattan. The building is comprised of retail on the ground floor with office above, totaling 75,000 SF. The borrower needed capital to refinance a maturing loan.
Wynwood Development Site
Land | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,000,000 bridge loan secured by a development site in the Wynwood neighborhood of Miami. The total site area is 12,000 SF and is zoned for 38 residential units as-of-right. The borrower needed capital to refinance a maturing loan.
Long Island City Industrial
Industrial | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $5,500,000 bridge loan secured by an industrial building in the Long Island City neighborhood of Queens. The building is block-through, totaling 22,000 SF. The borrower needed capital to refinance a maturing loan and fund a partnership buyout.
Wynwood Development Site
Development Site | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,000,000 bridge loan secured by a development site in the Wynwood neighborhood of Miami. The total site area is 20,800 SF and is zoned for 71 residential units as-of-right. The borrower needed capital to refinance a maturing loan.
East Village Mixed-Use
Mixed-Use | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,575,000 bridge loan secured by a mixed-use building in the East Village neighborhood of Manhattan. The 7,000 SF building contains one retail unit and four residential units. The borrower needed capital to refinance a maturing loan.
Wynwood Industrial
Industrial | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,500,000 bridge loan secured by an industrial building in the Wynwood neighborhood of Miami. The building is 16,000 SF and just two blocks from the heart of Wynwood. The borrower needed capital to refinance a maturing loan and additional capital for other business purposes.
Flatiron Office & Manhattan Condos
Office | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $11,750,000 bridge loan secured by an office building in the Flatiron neighborhood of Manhattan and four residentiual investment condos on the Upper East and Upper West sides of Manhattan. The office building is 21,000 SF and the condos total 7,000 SF. The borrower needed capital to refinance a maturing loan.
Brickell Development Site
Land | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,675,000 acquisition loan secured by a development site in the Brickell neighborhood of Miami. The borrower needed capital to close on a TOE purchase.
Little Havana Mulifamily
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 Little Havana neighborhood of Miami. The 15,000 SF building contains 12 units. The borrower needed capital to acquire and gut-renovate the building.
Bushwick Retail
Retail | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,600,000 bridge loan secured by two retail buildings in the Bushwick neighborhood of Brooklyn. The buildings total 27,000 SF of rentable space with an additional 50,000 SF of air rights. The borrower needed capital for other business purposes.
Park Slope Multifamily
Multifamily | Construction LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,975,000 acquisition and construction loan secured by a multifamily building in the Park Slope neighborhood of Brooklyn. The 5,500 SF building will contain three condominium units upon completion. The borrower needed capital to acquire and gut-renovate the building.
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