East Flatbush Multifamily – Bridge Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $1,000,000 bridge loan secured by a multifamily building in the East Flatbush neighborhood of Brooklyn. The subject property is roughly 13,000 SF with 16 units, all of which are rent stabilized. The borrower needed capital to refinance and renovate the subject property. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.