Selected Transactions for 2019

  • Brooklyn Multifamily – Bridge Loan

    Brooklyn Multifamily – Bridge Loan

    $1,500,000

    Bridge Loan

    August 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of two unrelated bridge loans totaling $1,500,000 secured by two multifamily buildings in Williamsburg and Bed-Stuy. Both borrowers needed capital for the acquisition of each property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner. These transactions were negotiated by Hirshmark’s Jake Soodek and Mark Levin.

  • Southampton Investment Property – Bridge Loan

    Southampton Investment Property – Bridge Loan

    $4,300,000

    Bridge Loan

    August 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,300,000 bridge loan secured by an investment home in Southampton, NY. The subject property is a waterfront home with roughly 5,000 SF. The borrower needed capital to refinance an existing loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner. This transaction was negotiated by Hirshmark’s Igor Vaysberg.

     

  • Ridgewood Industrial – Bridge Loan

    Ridgewood Industrial – Bridge Loan

    $1,100,000

    Bridge Loan

    July 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,100,000 bridge loan secured by an industrial building in the Ridgewood neighborhood of Brooklyn. The subject property is roughly 6,000 SF and owner occupied. The borrower needed capital to refinance and for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Park Slope Mixed-Use – Bridge Loan

    Park Slope Mixed-Use – Bridge Loan

    $1,700,000

    Bridge Loan

    July 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,700,000 bridge loan secured by a mixed-use building in the Park Slope neighborhood of Brooklyn. The subject property is roughly 7,000 SF with twp retail units and four apartments. The borrower needed capital to refinance. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Upper East Side Townhouse – Bridge Loan

    Upper East Side Townhouse – Bridge Loan

    $12,700,000

    Bridge Loan

    July 2019

    Hirshmark Capital, through an affiliate entity and in partnership with Black Mountain Capital, is proud to announce the funding of a $12,700,000 bridge loan at 7.25secured by a mixed-use building in the Upper East Side neighborhood of Manhattan. The subject property is roughly 12,000 SF. The loan is also collateralized by an investment property in the Hamptons. The borrower needed capital to renovate the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Clinton Hill & Crown Heights Mixed-Use – Bridge Loan

    Clinton Hill & Crown Heights Mixed-Use – Bridge Loan

    $2,500,000

    Bridge Loan

    June 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of two unrelated  bridge loans totaling $2,500,000 secured by two mixed-use buildings in the Clinton Hill and Crown Heights neighborhoods of Brooklyn. The subject properties contain two stores and six apartments and both are on major retail corridors. Between the two buildings, there is roughly 7,500 SF. Each borrower needed capital to renovate the subject properties. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner. These transactions were negotiated by Hirshmark’s Marty Lewis.
  • Queens Industrial – Acquisition Loan

    Queens Industrial – Acquisition Loan

    $1,350,000

    Bridge Loan

    May 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,350,000 acquisition/bridge loan secured by an industrial building in the Sunnyside neighborhood of Queens. The subject property has 120 feet of wraparound frontage on Roosevelt Avenue and is surrounded by national tenants. The borrower needed acquisition financing for a time of essence closing. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Bushwick Mixed-Use – Bridge Loan

    Bushwick Mixed-Use – Bridge Loan

    $1,500,000

    Bridge Loan

    May 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,500,000 bridge loan secured by a mixed-use building in the Bushwick neighborhood of Brooklyn. The subject property is roughly 5,000 SF with  four apartments and a commercial space. The building was recently gut renovated and the borrower needed capital to refinance. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Sheepshead Bay Commercial – Bridge Loan

    Sheepshead Bay Commercial – Bridge Loan

    $1,475,000

    Bridge Loan

    May 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,475,000 bridge loan secured by a commercial building in the Sheepshead Bay neighborhood of Brooklyn. The property is roughly 9,000 SF and used as office and medical. The borrower needed capital to refinance the subject properties. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Williamsburg Mixed-Use- Bridge Loan

    Williamsburg Mixed-Use- Bridge Loan

    $800,000

    Bridge Loan

    May 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $800,000 bridge loan secured by a mixed-use building in the Williamsburg neighborhood of Brooklyn. The subject property is roughly 6,000 SF with three retail units and four apartments. The borrower needed capital for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Chinatown Mixed-Use – Bridge Loan

    Chinatown Mixed-Use – Bridge Loan

    $8,200,000

    Bridge Loan

    April 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $8,200,000 bridge loan secured by two buildings in the Chinatown neighborhood of Manhattan. The subject properties have 10 apartments and 2 retail spaces, which totals 20,000 SF. The borrower needed capital to refinance. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • South Brooklyn Retail/Development Site – Bridge Loan

    South Brooklyn Retail/Development Site – Bridge Loan

    $4,500,000

    Bridge Loan

    April 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,500,000 bridge loan secured by a retail property and a commercial building/future development site in South Brooklyn. The borrower needed capital to acquire one of the subject properties and used the second building as additional collateral. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • East Williamsburg Mixed-Use – Bridge Loan

    East Williamsburg Mixed-Use – Bridge Loan

    $1,250,000

    Bridge Loan

    April 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,250,0000 bridge loansecured by a mixed-use building in the East Williamsburg neighborhood of Brooklyn. The subject property is over 10,000 SF with 10 apartments and 1 store. The borrower needed capital for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • West Harlem Retail Condos – Commercial Acquisition

    West Harlem Retail Condos – Commercial Acquisition

    $6,000,000

    Commercial Acquisition

    March 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the $6,000,000 purchase of 4 retail condos in the West Harlem neighborhood of Manhattan. 2131 Frederick Douglass Blvd contains a garage and 3 street level retail condos, which total over 5,000 SF and 200 feet of wraparound frontage. The property is on the same block as the 116th Street B and C trains. Hirshmark purchased the asset, at a going in 4.5% capitalization rate, with 3 under market tenants, allowing for upside in the next few years. This is yet another example of our aggressive appetite in acquiring well trafficked and unique commercial properties throughout NYC.

  • Chelsea Mixed-Use/Development Site – Bridge Loan

    Chelsea Mixed-Use/Development Site – Bridge Loan

    $4,000,000

    Bridge Loan

    March 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,000,000 bridge loan secured by a mixed use building and future development site in the Chelsea neighborhood of Manhattan. The subject property has over 20,000 BSF and is within a block from 3 major subway lines. The borrower needed capital to refinance and for pre-development costs. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner

     

  • Upper East Side Multifamily – Acquisition Loan

    Upper East Side Multifamily – Acquisition Loan

    $4,000,000

    Bridge Loan

    February 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,000,000 acquisition/bridge loan secured by a multifamily building in the Upper East Side neighborhood of Manhattan. The subject building is 5,000 SF and a block from Central Park. The borrower needed capital to acquire the property with a TOE closing. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Ditmas Park Development Site – Bridge Loan

    Ditmas Park Development Site – Bridge Loan

    $1,625,000

    Bridge Loan

    February 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,625,000 bridge loan secured by a development site in the Ditmas Park neighborhood of Brooklyn. The subject site has roughly 40 feet of frontage on a major retail corridor and is a few blocks away from the Q train. The site has approved plans for roughly 12,500 BSF.  The borrower needed capital to refinance and for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Borough Park Retail – Bridge Loan

    Borough Park Retail – Bridge Loan

    $3,100,000

    Bridge Loan

    January 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,100,000 bridge loan secured by an entire block of retail in the Borough Park neighborhood of Brooklyn. The subject property contains 10 commercial units. The borrower needed capital to refinance a loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Red Hook/Gowanus Industrial & Mixed Use – Bridge Loan

    Red Hook/Gowanus Industrial & Mixed Use – Bridge Loan

    $1,500,000

    Bridge Loan

    January 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of two unrelated bridge loans totaling $1,500,000 secured by an industrial building in Red Hook and a mixed use building in Gowanus. The industrial building is 10,000 SF and the mixed-use building consts of a store and 3 apartments. Each borrower needed capital to refinance existing loans. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Manhattan Mixed-Use/Retail – Bridge Loan

    Manhattan Mixed-Use/Retail – Bridge Loan

    $6,000,000

    Bridge Loan

    January 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,000,000 bridge loan secured by a retail condo and mixed-use building in lower Manhattan. The borrower needed capital to refinance and renovate one of the subject properties. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Flatbush Mixed-Use – Bridge Loan

    Flatbush Mixed-Use – Bridge Loan

    $2,550,000

    Bridge Loan

    January 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of two unrelated bridge loans totaling $2,550,000 in the Flatbush neighborhood of Brooklyn. The subject properties contain 3 commercial units, 9 residential units and total over 15,000 SF. Each borrower needed capital to refinance. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Manhattan Investment Condos – Bridge Loan

    Manhattan Investment Condos – Bridge Loan

    $4,500,000

    Bridge Loan

    January 2019

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,500,000 bridge loan secured by three investment condominium units in Manhattan. The subject units total a combined 5,500 SF. The borrower needed capital for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.