Flatbush Mixed-Use – Bridge Loan
Hirshmark Capital is proud to announce the funding of a $1.1MM loan secured by two adjacent mixed-use buildings totaling 8 residential units and 2 commercial stores in Flatbush neighborhood of Brooklyn. The borrower came to Hirshmark Capital seeking to recapitalize his property and deal with a pending foreclosure. Hirshmark Capital worked closely with the borrower and accommodated the time of the essence transaction. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.