Selected Transactions for 2020

  • Queens Retail – Bridge Loan

    Queens Retail – Bridge Loan

    $1,500,000

    Bridge Loan

    March 2020


    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,500,000 bridge loan secured by a retail strip and development site in the Corona neighborhood of Queens. The retail strip has contains 6 stores on a major retail thoroughfare and 2 blocks from the subway. The development site is across the street and has roughly 11,000 BSF with 30 feet of frontage on the avenue. The borrower needed financing for the construction of the vacant lot, using both pieces as collateral. The borrower wanted flexibility and certainty of execution rather than the red tape of a bank. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Williamsburg Development Site – Bridge Loan

    Williamsburg Development Site – Bridge Loan

    $1,500,000

    Bridge Loan

    March 2020


    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,500,000 bridge loan secured by a development site in the Williamsburg neighborhood of Brooklyn. The subject property has 6,750 BSF and is two blocks from the L-train as well as Apple, Equinox, Chase Bank, etc. The borrower needed financing for other business purposes. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Bed Stuy Mixed-Use – Bridge Loan

    Bed Stuy Mixed-Use – Bridge Loan

    $1,100,000

    Bridge Loan

    February 2020


    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,100,000 bridge loan secured by a mixed-use building in the Bedford Stuyvesant neighborhood of Brooklyn. The subject property is roughly 10,000 SF with 10 apartments and 3 stores. The borrower needed capital to refinance and renovate units in the building. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Flatbush Development Site – Bridge Loan

    Flatbush Development Site – Bridge Loan

    $4,400,000

    Bridge Loan

    February 2020


    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,400,000 bridge loan secured by a development site in the Flatbush neighborhood of Brooklyn. The subject property has 45,000 BSF and is a few blocks from the 2 and 5 trains. The borrower needed financing to close on a JV agreement with the current owner. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Prospect Heights Mixed-Use – Bridge Loan

    Prospect Heights Mixed-Use – Bridge Loan

    $1,425,000

    Bridge Loan

    January 2020


    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,425,000 bridge loan secured by a mixed-use building and carriage house in the Crown Heights neighborhood of Brooklyn. The mixed-use building is roughly 3,000 SF with a store and two apartments and the carriage house is roughly 1,500 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.

  • Carroll Gardens Condo Inventory – Bridge Loan

    Carroll Gardens Condo Inventory – Bridge Loan

    $7,500,000

    Bridge Loan

    January 2020

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $7,500,000 bridge loan secured by a condo building in the Carroll Gardens neighborhood of Brooklyn. The subject property is roughly 11,000 SF, with 6 condo units, a block from a major retail corridor and subways. The borrower needed capital to refinance a maturing construction loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.