Brooklyn Loan Portfolio Purchase – Debt Acquisition
Hirshmark Capital is proud to announce the purchase of a package of seven non-performing loans with a current unpaid balance of $3.3MM from a local lending institution. The portfolio included 20 residential units and 8 retail units located throughout Brooklyn (Boerum Hill, Caroll Gardens, Bed-Stuy, Gravesend and Sunset Park). Hirshmark Capital’s expertise and comfort in purchasing non-performing debt led to a quick and seamless purchase.
$3,300,000
Dec 2014