Queens Retail – Acquisition Loan
Hirshmark Capital, through an affiliate entity, is proud to announce the funding of a $3,000,000 bridge loan secured by a commercial building in Queens. The subject property is a corner building, with roughly 11,000 SF, on a major thoroughfare of Queens. The subject property is nearby LaGuardia Airport and surrounded by national tenants. The borrower purchased the building for $4,750,000 and needed acquisition financing. This is yet another example of our aggressive appetite in providing short term bridge financing in a time sensitive manner.