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Mott Haven Land – Acquisition Loan


Hirshmark Capital, through an affiliate entity, is proud to announce the funding of an acquisition loan secured by a parcel of land in the Mott Haven neighborhood of the Bronx. The subject property is a 40×100 lot with 14,000 SF of buildable square feet. The subject land is in the heart of Mott Haven’s ongoing development craze, just a few blocks away from the subway.  The borrower had a TOE closing and needed capital to acquire the site. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.

May 2017