Prospect Heights Land – Bridge Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,800,000 bridge loan secured by a development site in the Prospect Heights neighborhood of Brooklyn. The subject property has roughly 27,000 BSF and is blocks away from Barclays Center. The borrower needed capital for pre-construction costs. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.