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Note Financing of 33 Unit Multi-Family in Yonkers


Hirshmark Capital is proud to announce the origination of note financing, collateralized by an assignment of a loan secured by a 30,000 sf building, containing 33 apartments in Yonkers NY. The borrower, an established non-performing commercial note buyer, expressed an interest in leveraging their note purchase in order to enhance their returns. Hirshmark Capital was able to quickly accommodate the debt buyer with a unique and creative form of financing, by securing our position with the purchased note as collateral.

Jul 2014