Bronx Multifamily & Brooklyn Mixed-Use – Bridge Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of two unrelated bridge loans totaling $1,750,000. The loans are secured by a multifamily building in the Morris Heights neighborhood of the Bronx and a mixed-use building in the Flatbush neighborhood of Brooklyn. The subject properties total roughly 15,000 SF with 13 residential units and 1 store. The borrowers 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.