Transactions
Long Island City Multifamily
Condo Inventory | Bridge LoanHirshmark 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.
Bushwick Retail
Retail | Bridge LoanHirshmark 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.
Williamsburg Development Site
Land | Bridge LoanHirshmark 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.
Williamsburg Multifamily
Multifamily | Bridge LoanHirshmark 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.
East Hampton Development Site
Development Site | Bridge LoanHirshmark 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.
Upper West Side Investment Condos
Condo Inventory | Bridge LoanHirshmark 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.
Tribeca Mixed-Use
Mixed-Use | Bridge LoanHirshmark 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.
Midtown West Multifamily
Multifamily | Bridge LoanHirshmark 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.
Park Slope Multifamily
Development Site | Acquisition LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,400,000 acquisition and construction loan secured by a development site in the Park Slope neighborhood of Brooklyn. The new construction building will contain 4 condo units with over 6,000 sellable square feet . The borrower needed capital for the purchase and construction of the site.
Greenwich Village Multifamily
Multifamily | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,000,000 bridge loan secured by a vacant multifamily building in the Greenwich Village neighborhood of Manhattan. The 7,500 SF building contains 7 vacant residential units. The borrower needed capital for other business purposes.
West Harlem Condo Inventory
Condo Inventory | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,150,000 bridge loan secured by sponsor retained investment condos in the West Harlem neighborhood of Manhattan. The loan is secured by 4 units, which total 13,000 SF; 2 residential units and 2 commercial units. The borrower needed capital to refinance an existing loan.
Park Slope Development Site
Land | Bridge LoanHirshmark Capital, through an affiliate entity, is proud to announce the funding of a $10,500,000 bridge loan secured by a development site in the Park Slope neighborhood of Brooklyn. The site has over 100,000 BSF. The borrower needed the capital to refinance a maturing loan.
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