Manhattan Mixed-Use – Bridge Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $4,250,000 bridge loan secured by two mixed-use properties in the Theater District of Manhattan. Both properties are four-story brick buildings, which contain 2 stores and 11 apartments across 9,000 SF. The borrower needed capital to pay off a maturing loan and did not have the luxury of time to provide numerous documents and due diligence items that were being requested by competing lenders. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.