Selected Transactions for 2021

  • South Brooklyn Retail – Acquisition/Bridge Loan

    South Brooklyn Retail – Acquisition/Bridge Loan

    $6,500,000

    Bridge Loan

    April 2021

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $6,500,000 bridge loan secured by a retail building in the Bensonhurst neighborhood of Brooklyn. The subject property 35,000 SF building, which was predominantly vacant at closing. The borrower needed capital to finance the purchase with a TOE closing. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

     

  • Greenwood Heights Development Site – Bridge Loan

    Greenwood Heights Development Site – Bridge Loan

    $7,000,000

    Bridge Loan

    April 2021

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $7,000,000 bridge loan secured by a development site in the South Slope neighborhood of Brooklyn. The subject property is a 100×100 lot with 65,000 BSF. The borrower needed capital to begin construction. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

  • Bed-Stuy Condo Inventory – Bridge Loan

    Bed-Stuy Condo Inventory – Bridge Loan

    $1,150,000

    Bridge Loan

    February 2021

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,150,000 bridge loan secured by a multifamily condo building in the Bedford-Stuyvesant neighborhood of Brooklyn. The subject property is a finished condo building with 8 units totaling 12,000 SF. The borrower needed capital to refinance a maturing loan. 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

    $1,600,000

    Bridge Loan

    February 2021

    a city street with cars parked on the side of a building

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,600,000 bridge loan secured by a mixed-use building in the Williamsburg neighborhood of Brooklyn. The subject property is roughly 6,000 SF with a store and offices above. 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.

  • Crown Heights Industrial – Bridge Loan

    Crown Heights Industrial – Bridge Loan

    $2,300,000

    Bridge Loan

    January 2021

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $2,300,000 bridge loan secured by an industrial/office building in the Crown Heights neighborhood of Brooklyn. The subject property is roughly 20,000 SF and owner occupied. 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.

  • Manhattan Office – Bridge Loan

    Manhattan Office – Bridge Loan

    $10,600,000

    Bridge Loan

    January 2021

    Hirshmark Capital, through an affiliate entity, is proud to announce the funding of two (2) related bridge loans totaling $10,600,000 secured by four (4) residential investment condos and a mixed-use office building in Manhattan. The residential condos total 9,000 SF and the office building is roughly 20,000 SF. The borrower needed capital to refinance an existing loan and a partnership buy-out. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.