Crown Heights Multi-Family – Bridge Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,000,000 bridge loan secured by a multi-family property in the Crown Heights neighborhood of Brooklyn. The subject property is a 7,200 SF, 5-story stone building, with 10 apartments. The borrower needed capital to payoff a maturing bridge loan and to finish renovations on the property. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.