Manhattan Multi-Family & Bronx Office Building – Acquisition Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,000,000 bridge loan secured by a multifamily property in the Upper West Side neighborhood of Manhattan and an office building in the Throgs Neck neighborhood of the Bronx. The properties total 12,000 SF and are both on well trafficked avenues. The borrower needed capital to acquire the Bronx office building while including the UWS multifamily as additional collateral. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.