Queens Block-Front Retail/Supermarket – Debt Acquisition
Hirshmark Capital is proud to announce the purchase of a non-performing loan secured by a 1-story 14,000 SF retail building, located in Queens Village. The seller, who was the previous owner of the property, had sold the property and taken back seller financing. Years later, the note become non-performing, and the note holder decided that he wanted to sell his position. When presented with the opportunity to purchase the debt, Hirshmark Capital provided a smooth and quick transaction, closing within three business days of a signed contract of sale.