Manhattan & Brooklyn Mixed-Use/Multifamily – Bridge Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a roughly $4,000,000 bridge loan secured by five properties throughout Manhattan and Brooklyn. The subject properties are in Central Harlem, Williamsburg, and Bushwick, and contain 54 residential units and 5 commercial units spread across a total of 42,000 SF. The property owner, a repeat Hirshmark Capital borrower, needed capital to refinance a maturing loan. This is yet another example of Hirshmark Capital’s aggressive appetite in providing short term bridge financing in a time sensitive manner.