East Harlem Multifamily

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,250,000 bridge loan secured by a mixed-use and multifamily property in the East Harlem neighborhood of Manhattan. The collateral consists of two buildings totaling 45,000 square feet and 65 units. The Borrower required fast, flexible capital to purchase defaulted debt at a discount, creating a unique opportunity to regain control of the asset. Hirshmark was able to close the transaction in just 7 days.