← Transactions

Brooklyn Loan Portfolio Purchase – Debt Acquisition


Hirshmark Capital is proud to announce the purchase of a package of four sub-performing loans with a current unpaid balance of $4MM from a local lending institution. The portfolio included 4 buildings containing 17 residential units and 2 retail units located throughout Brooklyn (East Williamsburg, Fort Greene and Bed-Stuy). Hirshmark Capital’s expertise and comfort in purchasing non-performing debt led to a quick and seamless purchase.

Apr 2015