Prospect Heights Commercial/Industrial – Bridge Loan

Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,350,000 bridge loan secured by a commercial building in the Prospect Heights neighborhood of Brooklyn. The subject property is a 10,000 SF commercial building with 11 tenants. It is a few blocks from Barclays and surrounded by many restaurants and bars. The borrower needed capital to refinance an existing loan. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.